-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, R0T+Ivx/7K7WruTJxgSV2ggcX2eBBPDDi2v7gi+/mrB93kABxJVLn4rP9pC9Sr/m EkHSSJ/kRQUae1vrXVbl4Q== 0001023363-97-000070.txt : 19970814 0001023363-97-000070.hdr.sgml : 19970814 ACCESSION NUMBER: 0001023363-97-000070 CONFORMED SUBMISSION TYPE: 13F-E PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970630 FILED AS OF DATE: 19970813 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALEM INVESTMENT COUNSELORS INC CENTRAL INDEX KEY: 0000884423 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 561225913 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-E SEC ACT: 1934 Act SEC FILE NUMBER: 028-03405 FILM NUMBER: 97659423 BUSINESS ADDRESS: STREET 1: 480 SHEPHARD STREET SUITE 200 CITY: WINSTON SALEM STATE: NC ZIP: 27103 BUSINESS PHONE: 9107687230 13F-E 1 13F FOR QUARTER ENDED 06/30/97 PAGE 1 SECURITIES AND EXCHANGE COMMISSION FORM 13F-E Report for the Calendar Year or Quarter Ended: 6/30/97 Institutional Investment Manager: SALEM INVESTMENT COUNSELORS INC. 480 SHEPHARD STREET SUITE 200 WINSTON SALEM NC 27103 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER Report for the Calendar Year or Quarter Ended June 30,1997 Salem Investment Counselors, Inc. Name of Institutional Investment Manager 480 Shepherd Street. Suite 200, Winston-Salem, NC 27103 Business Address Dale M. Brown, Vice President (910)768-7230 Name, Phone No., and Title of Person Duly Authorized to Submit This Report. The institutional investment manager submitting this Form and its attachments and the person by whom it is signed represent hereby that all information contained therein is true, correct and complete. It is understood that all required items, statements and schedules are considered integral parts of this Form and that the submission of any amendment represents that all unamended items, statements and schedules remain true, correct and complete as previously submitted. Pursuant to the requirements of Securities Exchange Act of 1934, the undersigned institutional investment manager has caused this report to be signed on its behalf in the City of Winston-Salem and State of North Carolina on the 11th day of August, 1997. Salem Investment Counselors. Inc. By: /s/ Dale M. Brown Dale M. Brown Vice President 1 PAGE 2 (SEC USE ONLY) Name, Title and Telephone Number of Person Submitting Report: DALE M. BROWN VICE PRESIDENT 910-768-7230 Signature, Place and Date of Signing: /s/ DALE M. BROWN WINSTON SALEM NC 8/11/97 PAGE 3 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE Acadiana Bancshares, Inc. COM 004280103 713 36000 SH SOLE 36000 Acorn Int'l Fund, Inc. COM 004851200 1231 58000 SH SOLE 58000 Affiliated Community COM 008188104 2115 90000 SH SOLE 90000 Aldila Inc. COM 014384101 61 11000 SH SOLE 11000 American Home Products COM 026609107 230 3000 SH SOLE 3000 American Stores Co COM 030096101 6123 124000 SH SOLE 124000 Amoco Corporation COM 031905102 432 5000 SH SOLE 5000 Analysts International Corp COM 032681108 335 10000 SH SOLE 10000 Archer Daniels Midland COM 039483102 212 9000 SH SOLE 9000 Asia Tigers Fund, Inc. COM 04516T105 441 39000 SH SOLE 39000 Auto Data Processing Inc. COM 053015103 329 7000 SH SOLE 7000 BB&T Corporation COM 054937107 1125 25000 SH SOLE 25000 Bank of Granite, NC COM 062401104 1059 35000 SH SOLE 35000 Bank Plus Corp COM 064446107 131 12000 SH SOLE 12000 Boddie-Noell Rest. Property COM 096903109 1376 109000 SH SOLE 109000 Broadway Financial Corp COM 111444105 215 20000 SH SOLE 20000 CCB Financial Corp COM 124875105 1609 22000 SH SOLE 22000 CVS Corp COM 126650100 256 5000 SH SOLE 5000 Callon Petroleum Co Del COM 13123X102 240 15000 SH SOLE 15000 Cardiovascular Diagnostics COM 14060E106 1268 169000 SH SOLE 169000 Carolina Fincorp, Inc. COM 143874105 825 55000 SH SOLE 55000 Cenit Bancorp Inc. COM 15131W109 878 18000 SH SOLE 18000 Century Bancorp Inc. NC COM 156433104 1035 15000 SH SOLE 15000 Chevron Corporation COM 166751107 370 5000 SH SOLE 5000 Coastal Bancorp Inc. COM 19041P105 417 14000 SH SOLE 14000 Coca Cola Corporation COM 191216100 5100 75000 SH SOLE 75000 Colonial Downs Hldgs Cl A COM 195644100 163 25000 SH SOLE 25000 Community Bancshares COM 203433107 1177 43000 SH SOLE 43000 Computer Network Technol. COM 204925101 45 10000 SH SOLE 10000 Consolidated Products COM 209798107 205 11000 SH SOLE 11000 Cooperative Bankshares COM 216844100 2163 103000 SH SOLE 103000 Cypress Semiconductor COM 232806109 203 14000 SH SOLE 14000 Dallas Semiconductor COM 235204104 313 8000 SH SOLE 8000 Disney, Walt Company COM 254687106 722 9000 SH SOLE 9000 Duke Power Company COM 264399106 1103 23000 SH SOLE 23000 Einstein/Noah Bagel COM 282577105 1098 92000 SH SOLE 92000 Exxon Corporation COM 302290101 919 15000 SH SOLE 15000 First American Corp, TN COM 318900107 5987 156000 SH SOLE 156000 First Bank Systems, Inc. COM 319279105 1366 16000 SH SOLE 16000 First Republic Bancorp COM 33615F104 1953 84000 SH SOLE 84000 First Union Corporation COM 337358105 3238 35000 SH SOLE 35000 First Fed Financial Corp COM 337907109 4846 156000 SH SOLE 156000 General Electric COM 369604108 1755 27000 SH SOLE 27000 Guidant Corporation COM 401698105 8755 103000 SH SOLE 103000 HF Bancorp Inc. COM 403910102 503 35000 SH SOLE 35000 Harrington Financial Group COM 413801101 279 23000 SH SOLE 23000 Hewlett Packard, Inc. COM 428236103 5152 92000 SH SOLE 92000 Household International COM 441815107 470 4000 SH SOLE 4000 Hubbell Inc. Cl B COM 443510201 6864 156000 SH SOLE 156000 IRT Property, Inc. COM 450058102 541 46000 SH SOLE 46000 PAGE 4 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE ISB Financial Corp. COM 450091103 1872 72000 SH SOLE 72000 ITLA Capital Corp. COM 450565106 488 30000 SH SOLE 30000 Indiana United Bancorp COM 455149104 938 25000 SH SOLE 25000 Insteel Industry Inc. COM 45774W108 157 19000 SH SOLE 19000 Jefferson Pilot Corp COM 475070108 559 8000 SH SOLE 8000 Johnson & Johnson COM 478160104 579 9000 SH SOLE 9000 KS Bancorp COM 48266R108 1190 70000 SH SOLE 70000 Latin Amer. Discovery Fund SHARES 51828C106 6873 348000 SH SOLE 348000 Leggett & Platt COM 524660107 3784 88000 SH SOLE 88000 Long Beach Financial Corp COM 542446109 1050 120000 SH SOLE 120000 Lowes Company Inc. COM 548661107 743 20000 SH SOLE 20000 MLC Holdings Inc. COM 55305V107 265 20000 SH SOLE 20000 McDonalds Corporation COM 580135101 918 19000 SH SOLE 19000 Mellon Bank Corporation COM 585509102 993 22000 SH SOLE 22000 Merck & Company COM 589331107 7980 78000 SH SOLE 78000 Methode Electronics Cl A COM 591520200 497 25000 SH SOLE 25000 Metromail Corp COM 591680103 7004 283000 SH SOLE 283000 Microsoft Corporation COM 594918104 12764 101000 SH SOLE 101000 Minnesota Mining & Mfg. COM 604059105 6340 62000 SH SOLE 62000 Mobil Corporation COM 607059102 210 3000 SH SOLE 3000 NationsBank Corporation COM 638585109 323 5000 SH SOLE 5000 Nestor, Inc. COM 641074109 23 10000 SH SOLE 10000 Newell Co. COM 651192106 676 17000 SH SOLE 17000 Norrell Corp. COM 656301108 462 14000 SH SOLE 14000 Palfed, Inc. COM 696370105 1055 63000 SH SOLE 63000 Pepsico Inc. COM 713448108 10781 287000 SH SOLE 287000 Philip Morris Holding Co COM 718154107 1726 39000 SH SOLE 39000 Plasti-Line Inc. COM 727540106 2403 216000 SH SOLE 216000 Proctor & Gamble COM 742718109 1413 10000 SH SOLE 10000 Provident Financial Hldgs COM 743868101 299 18000 SH SOLE 18000 Royal Dutch Pete Co NY COM 780257804 214 1000 SH SOLE 1000 Sara Lee Corporation COM 803111103 1540 37000 SH SOLE 37000 ServiceMaster L.P. COM 817615107 5198 226000 SH SOLE 226000 Service Merchandise COM 817587108 1938 646000 SH SOLE 646000 Sonoco Products COM 835495102 4901 161000 SH SOLE 161000 South Street Financial Corp COM 840468102 1469 89000 SH SOLE 89000 Southern Financial Bancorp COM 842870107 1376 86000 SH SOLE 86000 Spaghetti Warehouse COM 846329100 1986 331000 SH SOLE 331000 Stone Street Bancorp Inc. COM 861747103 1440 66000 SH SOLE 66000 SunTrust Banks, Inc. COM 867914103 661 12000 SH SOLE 12000 Sysco COM 871829107 3906 107000 SH SOLE 107000 TCF Financial Corp COM 872275102 247 5000 SH SOLE 5000 TR Financial Corp COM 872630108 504 20000 SH SOLE 20000 360 Communications COM 88557H097 360 21000 SH SOLE 21000 Three Rivers Financial Corp COM 88562H107 1088 68000 SH SOLE 68000 Triad Guaranty Inc. COM 895925105 16063 354000 SH SOLE 354000 Tribune Co. COM 896047107 6056 126000 SH SOLE 126000 UMB Financial Corp. COM 902788108 1208 28000 SH SOLE 28000 Unifirst Corporation COM 904708104 4620 231000 SH SOLE 231000 Union Corp COM 906072103 236 9000 SH SOLE 9000 PAGE 5 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE US West Inc Media Group COM 912889201 3787 187000 SH SOLE 187000 Uno Restaurants COM 914900105 141 20000 SH SOLE 20000 VF Corporation COM 918204108 5170 15000 SH DEFINED 61000 Wachovia Corporation COM 929771103 1458 25000 SH SOLE 25000 Wallace Computer COM 932270101 2976 99000 SH SOLE 99000 Worthington Inc. COM 981811102 751 41000 SH SOLE 41000 REPORT SUMMARY 106 DATA RECORDS 221605 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
-----END PRIVACY-ENHANCED MESSAGE-----