CERTIFICATIONS

I, Donald H. Baxter, certify that:

1. I have reviewed this report on Form N-Q 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 schedules of investments included in this
   report fairly present in all material respects the investments of the
   registrant as of the end of the fiscal quarter for which the report is
   filed;

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 most recent fiscal quarter 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 officer(s) 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: October 6, 2008               /s/ Donald H. Baxter
     ----------------------         -----------------------------------------
                                    Donald H. Baxter, Chief Executive Officer


<PAGE>
                                CERTIFICATIONS

I, Ronald F. Rohe, certify that:

1. I have reviewed this report on Form N-Q 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 schedules of investments included in this
   report fairly present in all material respects the investments of the
   registrant as of the end of the fiscal quarter for which the report is
   filed;

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 most recent fiscal quarter 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 officer(s) 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: October 6, 2008               /s/ Ronald F. Rohe
     ----------------------         -----------------------------------------
                                    Ronald F. Rohe, Chief Financial Officer