UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year of Quarter Ended: March 31, 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 June 5, 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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 57
Form 13F Information Table Value Total: $113,352
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<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 2781 46880 SH SOLE 46880
American Home Products COM 026609107 5999 111615 SH SOLE 111615
American Intl. Group COM 026874107 608 5555 SH SOLE 5555
Astoria Financial Corp COM 046265104 218 7679 SH SOLE 7679
BCE Inc. COM 05534B109 5619 44794 SH SOLE 44794
Bristol-Myers-Squibb COM 110122108 423 7298 SH SOLE 7298
Chase Manhattan Corp. COM 16161A108 2123 24350 SH SOLE 24350
Citigroup, Inc. COM 172967101 2968 49567 SH SOLE 49567
Colgate-Palmolive Co COM 194162103 321 5700 SH SOLE 5700
Columbia Energy COM 197648108 2447 41304 SH SOLE 41304
Computer Sciences Corp. COM 205363104 3456 43676 SH SOLE 43676
Conoco Inc. 'A' COM 208251306 1552 63010 SH SOLE 63010
Corning Inc. COM 219350105 3280 16908 SH SOLE 16908
DST Systems COM 233326107 2288 35235 SH SOLE 35235
DuPont (E.I.) COM 263534109 2090 39477 SH SOLE 39477
El Paso Energy COM 283905107 2532 62718 SH SOLE 62718
Eli Lilly COM 532457108 1475 23553 SH SOLE 23553
Exxon Mobil Corporation COM 30231G102 430 5516 SH SOLE 5516
Fairchild Corp. COM 303698104 77 11350 SH SOLE 11350
Fannie Mae COM 313586109 2070 36603 SH SOLE 36603
First Data Corp. COM 319963104 1666 37550 SH SOLE 37550
First Union Corp. COM 337358105 1569 42113 SH SOLE 42113
FleetBoston Financial Corp. COM 339030108 2265 62053 SH SOLE 62053
Four Media Company COM 350872107 165 10704 SH SOLE 10704
General Electric COM 369604103 619 3979 SH SOLE 3979
Global Crossing Corp. COM G3921A100 205 5000 SH SOLE 5000
Halliburton Company COM 406216101 1553 37764 SH SOLE 37764
Hewlett-Packard COM 428236103 2498 18800 SH SOLE 18800
Honeywell Intl. COM 438516106 2114 40119 SH SOLE 40119
Int'l Business Mach Corp COM 459200101 2204 18675 SH SOLE 18675
Intel Corp. COM 458140100 3175 24064 SH SOLE 24064
Intermedia Comm. COM 458801107 272 5630 SH SOLE 5630
Johnson & Johnson COM 478160104 1711 24352 SH SOLE 24352
Lucent Technologies, Inc. COM 549463107 2394 39090 SH SOLE 39090
MCI WorldCom COM 55268B106 1816 40069 SH SOLE 40069
MediaOne Group, Inc. COM 58440J104 3383 41760 SH SOLE 41760
Mellon Financial Corp. COM 58551A108 2070 69583 SH SOLE 69583
Minnesota Mining & Mfg. COM 604059105 1659 18730 SH SOLE 18730
Mitchell Energy/Dev. 'B' COM 606592301 281 12780 SH SOLE 12780
NCR Corp. COM 62886E108 2263 56395 SH SOLE 56395
New York Times COM 650111107 2471 57554 SH SOLE 57554
Nortel Networks Corp COM 656569100 353 2800 SH SOLE 2800
Oracle Corp. COM 68389X105 5916 75780 SH SOLE 75780
PSINet, Inc. COM 74437C101 1437 42250 SH SOLE 42250
PepsiCo Inc. COM 713448108 1786 51201 SH SOLE 51201
Pfizer Inc. COM 717081103 413 11300 SH SOLE 11300
Proctor & Gamble COM 742718109 331 5866 SH SOLE 5866
Royal Dutch Pete Co NY Registr COM 780257804 220 3800 SH SOLE 3800
SBC Communications COM 78387G103 2420 57455 SH SOLE 57455
Scientific-Atlanta COM 808655104 5292 83668 SH SOLE 83668
Telefonica SA Sponsored ADR COM 879382208 3710 49883 SH SOLE 49883
Time Warner Inc. COM 887315109 3973 39729 SH SOLE 39729
Tyco International COM 902124106 1782 35550 SH SOLE 35550
United Technologies COM 913017109 2583 40884 SH SOLE 40884
Warner-Lambert Co. COM 934488107 3190 32660 SH SOLE 32660
Xerox Corp. COM 984121103 227 8750 SH SOLE 8750
</TABLE>
