SALEM CAPITAL MANAGEMENT INC Information

400 UNICORN PARK DRIVE, WOBURN, Massachusetts, 01801, (781) 932-9005

Report Date: 06/30/2014

Position Statistics

Total Positions 76
New Positions 1
Increased Positions 7
Decreased Positions 47
Positions with Activity 54
Sold Out Positions 3
Total Mkt Value (in $ millions) 227

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 13.52%
Capital Goods 2.59%
Conglomerates
Consumer Cyclical 2.78%
Consumer/Non-Cyclical 9.24%
Energy 19.05%
Financial 3.26%
Healthcare 18.44%
Services 9.28%
Technology 19.79%
Transportation 0.99%
Utilities 0.77%

76 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CVS CAREMARK CORPORATION COM 9,493 -338 (3.44) 121,504
JOHNSON & JOHNSON COM 8,386 -302 (3.47) 82,065
UNILEVER PLC SPON ADR NEW 8,159 -272 (3.23) 178,926
NOVARTIS A G SPONSORED ADR 7,998 -214 (2.61) 89,845
HONEYWELL INTL INC COM 7,656 -248 (3.14) 79,254
WEYERHAEUSER CO COM 7,374 -178 (2.36) 229,582
MERCK & CO INC NEW COM 7,308 -234 (3.1) 125,759
MICROSOFT CORP COM 7,163 -296 (3.97) 159,646
MARATHON OIL CORP COM 7,147 -292 (3.93) 176,550
DOW CHEM CO COM 7,104 -358 (4.8) 131,825
DEVON ENERGY CORP NEW COM 7,089 -246 (3.36) 90,308
DU PONT E I DE NEMOURS & CO COM 6,877 -268 (3.75) 105,199
PFIZER INC COM 6,755 238 3.65 222,271
SCHLUMBERGER LTD COM 6,719 -432 (6.04) 59,933
GENERAL ELECTRIC CO COM 6,615 -173 (2.54) 255,308
INTL PAPER CO COM 6,480 -89 (1.36) 135,030
INTEL CORP COM 6,442 -229 (3.43) 186,720
PACCAR INC COM 6,322 -247 (3.76) 95,912
PROCTER & GAMBLE CO COM 6,150 -231 (3.62) 76,885
GLAXOSMITHKLINE PLC SPONSORED ADR 5,724 -190 (3.21) 114,380