CAM BALANCED FUND INC
N-8A, 1996-07-18
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM N-8A

           NOTIFICATION OF REGISTRATION FILED PURSUANT TO SECTION 8(a)
                      OF THE INVESTMENT COMPANY ACT OF 1940


      The undersigned investment company hereby notifies the Securities and
Exchange Commission that it registers under and pursuant to the provisions of
Section 8(a) of the Investment Company Act of 1940 and in connection with such
notification of registration submits the following information:

Name:  CAM BALANCED FUND, INC.

Address of Principal Business Office (No. & Street, City, State
Zip Code):

c/o Rodney Square Management Corporation, Rodney Square North, 1100 North
Market Street, Wilmington, Delaware 19890

Telephone Number (including area code):  (302) 651-8280

Name and address of agent for service of process:

J. Kenneth Croney, Jr.
Three Radnor Corporate Center
Suite 300
Radnor, Pennsylvania 19087

With Copies to:

Henry S. Hilles, Jr., Drinker Biddle & Reath, 1345 Chestnut
Street, Philadelphia, Pennsylvania 19107

Check Appropriate Box:

Registrant is filing a Registration Statement pursuant to Section
8(b) of the Investment Company Act of 1940 concurrently with the
filing of form N-8A:  YES  [X]   NO  [ ]

Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has caused this notification of registration to be duly signed on its
behalf in the city of Radnor and Commonwealth of Pennsylvania on the 8th day
of July, 1996.

                                  CAM BALANCED FUND, INC.


                                  By:  /s/ J. Kenneth Croney, Jr.
                                       ---------------------------------------
                                       J. Kenneth Croney, Jr.
                                       President


Attest: /s/ Henry S. Hilles, Jr.
       ---------------------------
        Name: Henry S. Hilles, Jr.
        Title: Secretary




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