CERTIFICATION PURSUANT TO
                 SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Donald H. Baxter, certify that:

1. I have reviewed this report on Form N-CSR of Philadelphia Fund, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement
   of a material fact or omit to state a material fact necessary to make the
   statements made, in light of the circumstances under which such statements
   were made, not misleading with respect to the period covered by this
   report;

3. Based on my knowledge, the financial statements and other financial
   information included in this report, fairly present in all material
   respects the financial condition, results of operations, changes in net
   assets, and cash flows (if the financial statements are required to
   include a statement of cash flows) of the registrant as of, and for,
   the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for
   establishing and maintaining disclosure controls and procedures (as
   defined in Rule 30a-3(c) under the Investment Company Act of 1940)
   and internal control over financial reporting (as defined in Rule
   30a-3(d) under the Investment Company Act of 1940) for the registrant and
   have:

      a) designed such disclosure controls and procedures, or caused such
         disclosure controls and procedures to be designed under our
         supervision, to ensure that material information relating to the
         registrant, including its consolidated subsidiaries, is made known
         to us by others within those entities, particularly during the
         period in which this report is being prepared;

      b) designed such internal control over financial reporting, or caused
         such internal control over financial reporting to be designed under
         our supervision, to provide reasonable assurance regarding the
         reliability of financial reporting and the preparation of financial
         statements for external purposes in accordance with generally
         accepted accounting principles;

      c) evaluated the effectiveness of the registrant's disclosure controls
         and procedures and presented in this report our conclusions about the
         effectiveness of the disclosure controls and procedures, as of a
         date within 90 days prior to the filing date of this report based on
         such evaluation; and

      d) disclosed in this report any change in the registrant's internal
         control over financial reporting that occurred during the
         registrant's second fiscal quarter of the period covered by this
         report that has materially affected, or is reasonably likely to
         materially affect, the registrant's internal control over financial
         reporting; and

5. The registrant's other certifying officers and I have disclosed to the
   registrant's auditors and the audit committee of the registrant's board of
   directors (or persons performing the equivalent functions):

      a) all significant deficiencies and material weaknesses in the design
         or operation of internal control over financial reporting which
         are reasonably likely to adversely affect the registrant's ability
         to record, process, summarize, and report financial information; and

      b) any fraud, whether or not material, that involves management or
         other employees who have a significant role in the registrant's
         internal control over financial reporting.


Date: January 23, 2008     /s/ Donald H. Baxter
     -----------------    -----------------------------------------------------
                          Donald H. Baxter, President (Chief Executive Officer)
<PAGE>
                           CERTIFICATION PURSUANT TO
                 SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002


I, Ronald F. Rohe, certify that:

1. I have reviewed this report on Form N-CSR of Philadelphia Fund, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement
   of a material fact or omit to state a material fact necessary to make the
   statements made, in light of the circumstances under which such statements
   were made, not misleading with respect to the period covered by this
   report;

3. Based on my knowledge, the financial statements and other financial
   information included in this report, fairly present in all material
   respects the financial condition, results of operations, changes in net
   assets, and cash flows (if the financial statements are required to
   include a statement of cash flows) of the registrant as of, and for,
   the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for
   establishing and maintaining disclosure controls and procedures (as
   defined in Rule 30a-3(c) under the Investment Company Act of 1940)
   and internal control over financial reporting (as defined in Rule
   30a-3(d) under the Investment Company Act of 1940) for the registrant and
   have:

      a) designed such disclosure controls and procedures, or caused such
         disclosure controls and procedures to be designed under our
         supervision, to ensure that material information relating to the
         registrant, including its consolidated subsidiaries, is made known
         to us by others within those entities, particularly during the
         period in which this report is being prepared;

      b) designed such internal control over financial reporting, or caused
         such internal control over financial reporting to be designed under
         our supervision, to provide reasonable assurance regarding the
         reliability of financial reporting and the preparation of financial
         statements for external purposes in accordance with generally
         accepted accounting principles;

      c) evaluated the effectiveness of the registrant's disclosure controls
         and procedures and presented in this report our conclusions about the
         effectiveness of the disclosure controls and procedures, as of a
         date within 90 days prior to the filing date of this report based on
         such evaluation; and

      d) disclosed in this report any change in the registrant's internal
         control over financial reporting that occurred during the
         registrant's second fiscal quarter of the period covered by this
         report that has materially affected, or is reasonably likely to
         materially affect, the registrant's internal control over financial
         reporting; and

5. The registrant's other certifying officers and I have disclosed to the
   registrant's auditors and the audit committee of the registrant's board of
   directors (or persons performing the equivalent functions):

      a) all significant deficiencies and material weaknesses in the design
         or operation of internal control over financial reporting which
         are reasonably likely to adversely affect the registrant's ability
         to record, process, summarize, and report financial information; and

      b) any fraud, whether or not material, that involves management or
         other employees who have a significant role in the registrant's
         internal control over financial reporting.


Date: January  23, 2008   /s/ Ronald F. Rohe
     -----------------   -----------------------------------------------------
                         Ronald F. Rohe, Treasurer (Chief Financial Officer)