UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year of Quarter Ended: June 30, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Philadelphia Investment Management Company
Address: 1845 Walnut Street
Suite 875
Philadelphia, PA 19103
13F File Number: 801-26332
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person signing
the report is authorized to submit it, that all information contained
herein is true, correct and complete, and that it is understood that
all required items, statements, schedules, lists, and tables, are
considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: William M. Shettle
Title: President
Phone: 215-569-0079
Signature, Place, and Date of Signing:
William M. Shettle Philadelphia, Pennsylvania August 28, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 48
Form 13F Information Table Value Total: $101,496
List of Other Included Managers:
No. 13F File Number Name
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<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PIMCO Short Term Fund, Cl. A MFUND 693391211 608 61152.288SH SOLE 61152.288
AT&T Corp Liberty Media Group COM 001957208 2204 90895 SH SOLE 90895
Agilent Technologies, Inc. COM 00846U101 2375 32197 SH SOLE 32197
American Home Products COM 026609107 3600 61274 SH SOLE 61274
Bristol-Myers-Squibb COM 110122108 278 4770 SH SOLE 4770
Chase Manhattan Corp. COM 16161A108 1511 32810 SH SOLE 32810
Citigroup, Inc. COM 172967101 2844 47205 SH SOLE 47205
Colgate-Palmolive Co COM 194162103 272 4550 SH SOLE 4550
Computer Sciences Corp. COM 205363104 2976 39850 SH SOLE 39850
Conoco Inc. 'A' COM 208251306 1271 57790 SH SOLE 57790
Corning Inc. COM 219350105 3941 14602 SH SOLE 14602
DST Systems COM 233326107 2408 31635 SH SOLE 31635
DuPont (E.I.) COM 263534109 1158 26473 SH SOLE 26473
El Paso Energy COM 283905107 2886 56648 SH SOLE 56648
Eli Lilly COM 532457108 2047 20498 SH SOLE 20498
Fairchild Corp. COM 303698104 60 12250 SH SOLE 12250
Fannie Mae COM 313586109 1701 32588 SH SOLE 32588
First Data Corp. COM 319963104 1678 33810 SH SOLE 33810
First Union Corp. COM 337358105 885 35672 SH SOLE 35672
FleetBoston Financial Corp. COM 339030108 1898 55835 SH SOLE 55835
General Electric COM 369604103 378 7137 SH SOLE 7137
Halliburton Company COM 406216101 1615 34228 SH SOLE 34228
Hewlett-Packard COM 428236103 2134 17090 SH SOLE 17090
Honeywell Intl. COM 438516106 1249 37079 SH SOLE 37079
Int'l Business Mach Corp COM 459200101 1962 17905 SH SOLE 17905
Intel Corp. COM 458140100 2851 21324 SH SOLE 21324
Intermedia Comm. COM 458801107 217 7280 SH SOLE 7280
Johnson & Johnson COM 478160104 2156 21162 SH SOLE 21162
Lucent Technologies, Inc. COM 549463107 2104 35510 SH SOLE 35510
MediaOne Group, Inc. COM 58440J104 2585 38800 SH SOLE 38800
Mellon Financial Corp. COM 58551A108 2252 61809 SH SOLE 61809
Minnesota Mining & Mfg. COM 604059105 1374 16650 SH SOLE 16650
NCR Corp. COM 62886E108 1968 50545 SH SOLE 50545
New York Times COM 650111107 2111 53454 SH SOLE 53454
Nortel Networks Corp. COM 656568102 4530 66377 SH SOLE 66377
Oracle Corp. COM 68389X105 5259 62560 SH SOLE 62560
PSINet, Inc. COM 74437C101 1837 73120 SH SOLE 73120
PepsiCo Inc. COM 713448108 2008 45179 SH SOLE 45179
Pfizer Inc. COM 717081103 3773 78600 SH SOLE 78600
Pharmacia Corporation COM 71713U102 1859 35960 SH SOLE 35960
SBC Communications COM 78387G103 2212 51142 SH SOLE 51142
Scientific-Atlanta COM 808655104 4177 56070 SH SOLE 56070
Telefonica SA Sponsored ADR COM 879382208 2946 45983 SH SOLE 45983
Time Warner Inc. COM 887315109 2737 36011 SH SOLE 36011
Tyco International COM 902124106 1501 31690 SH SOLE 31690
United Technologies COM 913017109 2204 37428 SH SOLE 37428
Williams Cos., Inc. COM 969457100 2405 57700 SH SOLE 57700
WorldCom, Inc. COM 98157D106 2491 54300 SH SOLE 54300
</TABLE>
