0001049648-22-000001.txt : 20220118 0001049648-22-000001.hdr.sgml : 20220118 20220118151217 ACCESSION NUMBER: 0001049648-22-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211231 FILED AS OF DATE: 20220118 DATE AS OF CHANGE: 20220118 EFFECTIVENESS DATE: 20220118 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: 22534953 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 12-31-2021 12-31-2021 SALEM CAPITAL MANAGEMENT INC

400 UNICORN PARK DRIVE WOBURN MA 01801

13F HOLDINGS REPORT 028-03625 N Helene C Brodette 7819329005 Helene C Brodette Woburn MA 01-18-2022 0 71 192767 false INFORMATION TABLE 2 inftable.xml 13F REPORT 3M Company COM 88579y101 813 4575 SH SOLE 0 0 4575 AT & T Corp. COM 00206R102 206 8391 SH SOLE 0 0 8391 AbbVie Inc. COM 00287Y109 257 1900 SH SOLE 0 0 1900 Abbott Laboratories COM 002824100 2345 16663 SH SOLE 200 0 16463 Analog Devices COM 032654105 946 5381 SH SOLE 0 0 5381 Apple Computer COM 037833100 1467 8260 SH SOLE 0 0 8260 Aptiv PLC COM G6095L109 4888 29633 SH SOLE 1500 0 28133 Automatic Data Proc COM 053015103 567 2300 SH SOLE 0 0 2300 AvalonBay Communities COM 053484101 465 1839 SH SOLE 1031 0 808 Bank New York Mellon Corp. COM 064058100 331 5700 SH SOLE 0 0 5700 Bank of America Corp. COM 060505104 9877 221996 SH SOLE 8000 0 213996 Borg Warner Inc. COM 099724106 4882 108314 SH SOLE 2200 0 106114 Broadcom Inc. COM 11135F101 1594 2395 SH SOLE 300 0 2095 CSX Corp. COM 126408103 262 6956 SH SOLE 0 0 6956 CVS Health Corporation COM 126650100 496 4805 SH SOLE 1500 0 3305 Caterpillar COM 149123101 210 1016 SH SOLE 0 0 1016 Chevron Corp. COM 166764100 3270 27869 SH SOLE 350 0 27519 Cintas Corp COM 172908105 244 550 SH SOLE 0 0 550 Cisco Systems COM 17275R102 8962 141423 SH SOLE 7000 0 134423 Coca-Cola Co. COM 191216100 249 4200 SH SOLE 0 0 4200 Colgate Palmolive COM 194162103 789 9250 SH SOLE 4000 0 5250 Comcast CL A COM 20030N101 4767 94722 SH SOLE 400 0 94322 Conocophillips COM 20825C104 289 4000 SH SOLE 0 0 4000 Corning COM 219350105 6165 165600 SH SOLE 4850 0 160750 Costco Wholesale Corp. COM 22160k105 4071 7171 SH SOLE 1700 0 5471 Devon Energy COM 25179M103 5471 124191 SH SOLE 0 0 124191 Dover Corp COM 260003108 272 1500 SH SOLE 0 0 1500 EOG Resources, Inc. COM 26875P101 973 10950 SH SOLE 2400 0 8550 Eaton Corp. PLC COM 086353296 3185 18428 SH SOLE 0 0 18428 Ericsson ADR COM 294821608 1497 137750 SH SOLE 700 0 137050 Fedex Corp. COM 31428X106 763 2950 SH SOLE 1000 0 1950 Freeport-McMoRan, Inc. COM 35671D857 5086 121874 SH SOLE 4400 0 117474 General Mills COM 370334104 200 2970 SH SOLE 0 0 2970 Home Depot Inc. COM 437076102 1577 3800 SH SOLE 1800 0 2000 Honeywell Int'l COM 438516106 7987 38304 SH SOLE 3150 0 35154 Intel COM 458140100 607 11787 SH SOLE 4500 0 7287 International Paper COM 460146103 5348 113841 SH SOLE 3400 0 110441 JP Morgan Chase & Co. COM 46625H100 4921 31080 SH SOLE 1500 0 29580 Johnson & Johnson COM 478160104 4139 24197 SH SOLE 1700 0 22497 Kimberly-Clark COM 494368103 553 3866 SH SOLE 2000 0 1866 Lilly, Eli COM 532457108 910 3294 SH SOLE 0 0 3294 Lowe's Companies, Inc. COM 548661107 8221 31804 SH SOLE 1300 0 30504 Marathon Oil Corp. COM 565849106 1394 84875 SH SOLE 0 0 84875 Merck & Co. COM 58933Y105 6723 87721 SH SOLE 3500 0 84221 Microsoft COM 594918104 14991 44573 SH SOLE 4800 0 39773 National Fuel Gas COM 636180101 561 8773 SH SOLE 4000 0 4773 Nestle S A ADR COM 641069406 923 6575 SH SOLE 1875 0 4700 Nextera Energy Inc. COM 65339F101 466 4989 SH SOLE 0 0 4989 Nokia Corp ADR COM 654902204 3061 492050 SH SOLE 2000 0 490050 Novartis AG ADR COM 66987V109 1749 19994 SH SOLE 2000 0 17994 PNC Financial Services Grp. COM 693475105 816 4070 SH SOLE 0 0 4070 Paccar Inc. COM 693718108 4066 46065 SH SOLE 3000 0 43065 Parker Hannifin COM 701094104 207 650 SH SOLE 0 0 650 PayPal Holdings Inc. COM 70450Y103 2305 12225 SH SOLE 0 0 12225 Paychex Inc COM 704326107 2297 16829 SH SOLE 0 0 16829 Pfizer Inc. COM 717081103 8415 142502 SH SOLE 10800 0 131702 Philips COM 500472303 1933 52456 SH SOLE 0 0 52456 Pioneer Natural Resources COM 723787107 4161 22875 SH SOLE 100 0 22775 Procter & Gamble COM 742718109 790 4830 SH SOLE 0 0 4830 Raytheon Technologies Corp. COM 75513E101 2671 31035 SH SOLE 1500 0 29535 Rockwell Automation Inc. COM 773903109 263 755 SH SOLE 0 0 755 Schlumberger, Ltd. COM 806857108 299 9999 SH SOLE 0 0 9999 Southern Co. COM 842587107 223 3250 SH SOLE 0 0 3250 Stryker COM 863667101 294 1100 SH SOLE 0 0 1100 Truist Fin'l Corp. COM 89832Q109 4079 69675 SH SOLE 300 0 69375 Unilever PLC ADR COM 904767704 271 5037 SH SOLE 3200 0 1837 Vanguard Russell 2000 ETF COM 92206C664 1256 13986 SH SOLE 0 0 13986 Verizon Communications COM 92343V104 4296 82680 SH SOLE 350 0 82330 Vontier Corp. COM 928881101 1647 53600 SH SOLE 0 0 53600 Westrock Company COM 96145d105 4189 94424 SH SOLE 3400 0 91024 Weyerhaeuser Co. COM 962166104 8302 201608 SH SOLE 6201 0 195407