EXHIBIT 31

                     RULE 13A-14(a)/15D-14(a) CERTIFICATIONS

I, Steven H. Cardin, certify that:

1.     I have reviewed this quarterly report on Form 10-QSB of Altex Industries,
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  financial statements, and other financial
information included in this report, fairly present in all material respects the
financial  condition, results of operations and cash flows of the small business
issuer  as  of,  and  for,  the  periods  presented  in  this  report;
4.     The  small  business  issuer's  other  certifying  officer(s)  and  I are
responsible  for establishing and maintaining disclosure controls and procedures
(as  defined  in  Exchange  Act  Rules  13a-15(e)  and  15d-15(e)) for the small
business  issuer  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 small business issuer, 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.   Evaluated  the  effectiveness  of  the  small  business issuer's disclosure
     controls  and procedures and presented in this report our conclusions about
     the  effectiveness of the disclosure controls and procedures, as of the end
     of  the  period  covered  by  this  report  based  on  such evaluation; and
c.   Disclosed in this report any change in the small business issuer's internal
     control  over  financial  reporting that occurred during the small business
     issuer's  most  recent  fiscal  quarter (the small business issuer's fourth
     fiscal  quarter  in  the  case  of  an  annual  report) that has materially
     affected,  or is reasonably likely to materially affect, the small business
     issuer's  internal  control  over  financial  reporting;  and
5.     The  small  business  issuer's  other  certifying  officer(s)  and I have
disclosed,  based  on  our  most  recent  evaluation  of  internal  control over
financial  reporting,  to  the  small  business  issuer's auditors and the audit
committee  of  the  small  business  issuer'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 small business issuer'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 small business issuer's
     internal  control  over  financial  reporting.


/s/ STEVEN H. CARDIN                             February 9, 2004
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Steven H. Cardin                                 Date
Principal Executive Officer and
Principal Financial Officer