0001049648-15-000001.txt : 20150115 0001049648-15-000001.hdr.sgml : 20150115 20150115150940 ACCESSION NUMBER: 0001049648-15-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20141231 FILED AS OF DATE: 20150115 DATE AS OF CHANGE: 20150115 EFFECTIVENESS DATE: 20150115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALEM CAPITAL MANAGEMENT INC CENTRAL INDEX KEY: 0001049648 IRS NUMBER: 043044036 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03625 FILM NUMBER: 15529807 BUSINESS ADDRESS: STREET 1: 400 UNICORN PARK DRIVE CITY: WOBURN STATE: MA ZIP: 01801 BUSINESS PHONE: 7819329005 MAIL ADDRESS: STREET 1: 400 UNICORN PARK DRIVE CITY: WOBURN STATE: MA ZIP: 01801 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001049648 XXXXXXXX 12-31-2014 12-31-2014 SALEM CAPITAL MANAGEMENT INC

400 UNICORN PARK DRIVE WOBURN MA 01801

13F HOLDINGS REPORT 028-03625 N Helene C Brodette 781-932-9005 Helene C Brodette Woburn MA 01-15-2015 0 72 210084 false INFORMATION TABLE 2 inftable.xml 13F 3M Company COM 88579y101 1766 10750 SH SOLE 175 0 10575 ABB AB Spons ADR COM 000375204 4010 189575 SH SOLE 30000 0 159575 AT & T Corp. COM 00206R102 919 27371 SH SOLE 1272 0 26099 AbbVie Inc. COM 00287Y109 2271 34700 SH SOLE 0 0 34700 Abbott Laboratories COM 002824100 2428 53925 SH SOLE 2000 0 51925 Anadarko Petroleum COM 032511107 3170 38425 SH SOLE 0 0 38425 Analog Devices COM 032654105 403 7250 SH SOLE 800 0 6450 Automatic Data Proc COM 053015103 358 4300 SH SOLE 0 0 4300 AvalonBay Communities COM 053484101 495 3027 SH SOLE 1031 0 1996 Bank New York Mellon Corp. COM 064058100 201 4943 SH SOLE 0 0 4943 CVS Health Corporation COM 126650100 10835 112504 SH SOLE 11500 0 101004 California Resources Corp. COM 13057Q107 93 16888 SH SOLE 360 0 16528 Caterpillar COM 149123101 247 2700 SH SOLE 0 0 2700 Chevron Corp. COM 166764100 813 7250 SH SOLE 0 0 7250 Cintas Corp COM 172908105 263 3350 SH SOLE 0 0 3350 Cisco Systems COM 17275R102 5744 206500 SH SOLE 30300 0 176200 Colgate Palmolive COM 194162103 1048 15150 SH SOLE 4200 0 10950 Conocophillips COM 20825C104 1753 25385 SH SOLE 5000 0 20385 Costco Wholesale Corp. COM 22160k105 1668 11770 SH SOLE 2200 0 9570 Devon Energy COM 25179M103 5221 85294 SH SOLE 7100 0 78194 Dover Corp COM 260003108 625 8720 SH SOLE 1625 0 7095 Dow Chemical COM 260543103 5632 123475 SH SOLE 14400 0 109075 DuPont COM 263534109 7588 102629 SH SOLE 11400 0 91229 Duke Energy Corp. COM 26441C204 275 3293 SH SOLE 633 0 2660 EMC Corp. COM 268648102 5166 173710 SH SOLE 23400 0 150310 EOG Resources, Inc. COM 26875P101 1248 13550 SH SOLE 2950 0 10600 Express Scripts COM 30219G108 241 2845 SH SOLE 0 0 2845 Exxon Mobil COM 30231G102 1179 12750 SH SOLE 1925 0 10825 Fedex Corp. COM 31428X106 512 2950 SH SOLE 500 0 2450 General Electric COM 369604103 6414 253833 SH SOLE 38942 0 214891 General Mills COM 370334104 597 11200 SH SOLE 0 0 11200 Glaxo Smithkline PLC-Spon ADR COM 37733W105 4916 115020 SH SOLE 12900 0 102120 Halliburton Co. COM 406216101 2997 76200 SH SOLE 6900 0 69300 Home Depot Inc. COM 437076102 981 9350 SH SOLE 1800 0 7550 Honeywell Int'l COM 438516106 7677 76834 SH SOLE 11500 0 65334 Int'l Bus Machines COM 459200101 782 4874 SH SOLE 1280 0 3594 Intel COM 458140100 6385 175955 SH SOLE 30105 0 145850 International Paper COM 460146103 7473 139470 SH SOLE 15800 0 123670 JP Morgan Chase & Co. COM 46625H100 593 9468 SH SOLE 4068 0 5400 Johnson & Johnson COM 478160104 8371 80050 SH SOLE 7700 0 72350 Kimberly-Clark COM 494368103 1051 9100 SH SOLE 2000 0 7100 Lilly, Eli COM 532457108 493 7150 SH SOLE 1200 0 5950 Management Technologies Inc. COM 561704305 0 50000 SH SOLE 0 0 50000 Marathon Oil Corp. COM 565849106 4884 172625 SH SOLE 17800 0 154825 Merck & Co. COM 58933Y105 7015 123529 SH SOLE 14700 0 108829 Microsoft COM 594918104 7115 153171 SH SOLE 18650 0 134521 National Fuel Gas COM 636180101 1029 14800 SH SOLE 5500 0 9300 Nestle S A ADR COM 641069406 3422 46912 SH SOLE 9675 0 37237 Nextera Enterprises Inc. COM 65332E101 0 30000 SH SOLE 0 0 30000 Novartis AG ADR COM 66987V109 7567 81665 SH SOLE 11150 0 70515 Occidental Petroleum COM 674599105 3889 48250 SH SOLE 4900 0 43350 Paccar Inc. COM 693718108 6338 93187 SH SOLE 15100 0 78087 Paychex Inc COM 704326107 949 20549 SH SOLE 2100 0 18449 Pfizer Inc. COM 717081103 6959 223401 SH SOLE 32600 0 190801 Philips COM 500472303 2162 74566 SH SOLE 17000 0 57566 Plum Creek Timber COM 729251108 1640 38325 SH SOLE 1400 0 36925 Procter & Gamble COM 742718109 6697 73518 SH SOLE 9790 0 63728 Qualcomm Inc. COM 747525103 374 5030 SH SOLE 0 0 5030 Questar Corp. COM 748356102 554 21900 SH SOLE 7000 0 14900 Schlumberger, Ltd. COM 806857108 4840 56663 SH SOLE 9025 0 47638 Southern Co. COM 842587107 444 9050 SH SOLE 1250 0 7800 Stryker COM 863667101 373 3950 SH SOLE 0 0 3950 Sysco COM 871829107 251 6333 SH SOLE 0 0 6333 Unilever PLC ADR COM 904767704 7112 175686 SH SOLE 19180 0 156506 Union Pacific Corp. COM 907818108 262 2200 SH SOLE 0 0 2200 United Technologies COM 913017109 4242 36886 SH SOLE 5900 0 30986 Verizon Communications COM 92343V104 3932 84062 SH SOLE 12000 0 72062 Vodafone Group PLC ADR COM 92857W308 4205 123063 SH SOLE 18500 0 104563 Wells Fargo Co. COM 949746101 255 4660 SH SOLE 2660 0 2000 Weyerhaeuser Co. COM 962166104 7976 222232 SH SOLE 26500 0 195732 Exxon Mobil COM 30231G102 324 3500 SH SOLE 0 0 3500 LA Cent Oil&Gas Co. COM 546234204 371 225 SH SOLE 225 0 0