NRM INVESTMENT CO
485BPOS, EX-23.(J)(II), 2001-01-16
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                               EXHIBIT 23 (j)(ii)


                         CONSENT OF INDEPENDENT AUDITORS


         We consent to the references to our Firm under the captions "Financial
Highlights" in the Prospectus and "Auditors" in the Statement of Additional
Information and to the incorporation by reference in this Post-Effective
Amendment No. 26 to the Registration Statement (Form N-1A No. 2-66073) dated
October 31, 2000, of NRM Investment Company of our report dated October 3, 2000,
included in the 2000 annual report to shareholders of NRM Investment Company.


                                                     /s/Beard & Company, Inc.
                                                      --------------------------
                                                        BEARD & COMPANY, INC.


Harrisburg, Pennsylvania
October 27, 2000




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