SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-Q

         [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934


               For the quarterly period ended September 30, 1995

                                       OR

        [  ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE  
                        SECURITIES EXCHANGE ACT OF 1934

         For the transition period from ______________ to _____________

                         Commission File Number: 1-7675

                        AUDITS & SURVEYS WORLDWIDE, INC.
             (Exact name of registrant as specified in its charter)


       Delaware                                      13-1809586
(State or other jurisdiction of           (I.R.S. Employer Identification No.)
incorporation or organization)                        

                 650 Avenue of the Americas, New York, NY 10011
                    (Address of principal executive offices)
                                   (Zip Code)

Registrant's telephone number, including area code: (212) 627-9700

      Indicate  by  check mark whether the registrant (1) has filed all reports
required  to  be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934  during  the  preceding  12  months  (or  for such shorter period that the
registrant  was  required  to  file  reports), and (2) has been subject to such
filing requirements for the past 90 days.

                         Yes     X                  NO 
                              ----                    -----
      The  number  of  shares  outstanding  of  each of the issuer's classes of
common stock, as of November 10, 1995 was:

       Class                                               Number of Shares
Common Stock, $0.01 par value                               13,094,755














<PAGE>

                        AUDITS & SURVEYS WORLDWIDE, INC.

                                     INDEX

                        Part I.   FINANCIAL INFORMATION


                                                                           Page

Item 1.  Financial Statements

      Condensed Consolidated Balance Sheets-
             September 30, 1995 and December 31, 1994                   3-4

      Condensed Consolidated Statements of Income-
         Three Months and Nine Months ended September 30, 1995
             and October 2, 1994                                        5

      Condensed Consolidated Statements of Cash Flows-
         Nine Months ended September 30, 1995 and October 2, 1994       6

      Condensed Consolidated Statement of Stockholder's Equity-
             September 30, 1995                                         7

      Notes to Condensed Consolidated Financial Statements              8-10

Item 2.  Management's Discussion and Analysis of Financial
         Condition and Results of Operations                            11-13

                          Part II.   OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K                               14

         Signatures                                                     15



























                                      -2-<PAGE>

                         PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

AUDITS & SURVEYS WORLDWIDE, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollar amounts in thousands)
<TABLE>
<CAPTION>
                                     Sept. 30, 1995      Dec. 31, 1994
                                       (Unaudited)
<S>                                        <C>               <C>
ASSETS

Current Assets:
Cash                                      $    -               754
Accounts receivable:
  Billed                                   6,671             7,413
  Unbilled                                 3,787             1,948
Deferred income taxes -current portion       219               196
Prepaid income taxes                         403               -  
Prepaid expenses and other current assets  1,141             1,004
Net assets held for sale                   2,045               -  
                                          ------            ------
  Total current assets                    14,266            11,315
                                          ------            ------
Property and Equipment, net                3,279             2,524
                                          ------            ------
                                                
Receivable from sale of assets               500               -  
Prepaid pension costs                        879               -  
Cash surrender value of officers'
 life insurance                              280               293
Deferred income taxes                        932               793
Other assets and deferred costs            1,220             1,553
                                          ------            ------
TOTAL ASSETS                            $ 21,356          $ 16,478
                                          ======            ======

</TABLE>




See notes to condensed consolidated financial statements.

















                                       -3-<PAGE>


AUDITS & SURVEYS WORLDWIDE, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS 
(Dollar amounts in thousands)
<TABLE>
<CAPTION>
                                               Sept. 30, 1995   Dec. 31, 1994
                                                 (Unaudited)
LIABILITIES AND STOCKHOLDERS' EQUITY
<S>                                              <C>             <C>
Current Liabilities:
  Cash overdraft                                 $     426       $      -   
  Notes payable -bank                                3,700              -   
  Accounts payable and accrued expenses              4,485             2,940
  Accrued payroll and bonuses                        1,710             3,433
  Notes payable to officers/stockholders               516             1,500
  Customer billings in excess of revenues earned     4,015             4,613
  Income taxes payable                                   -               595
  Current portion of long-term debt                    527               411
                                                    ------            ------
     Total current liabilities                      15,379            13,492
                                                    ------            ------
  Long-term debt, net of current portion               769               544
  Other liabilities                                  1,494             1,310
                                                    ------            ------
     Total liabilities                              17,642            15,346
                                                    ------            ------

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY:
  Common stock, $.01 par value, 30,000,000 shares
   authorized; 13,094,755 shares issued at
   September 30, 1995; and 10,475,804 shares
   issued at December 31,1994                          131                14
  Additional paid-in capital                         2,012               334
  Retained earnings                                  1,536             1,168
  Cumulative foreign currency translation 
   adjustment                                           35               (4)
                                                   -------            ------
                                                     3,714             1,512

  Treasury stock, at cost                             -                (380)
                                                   -------           -------
     Total Stockholders' Equity                      3,714             1,132
                                                   -------           -------
 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY        $21,356           $16,478
                                                    ======            ======
</TABLE>


  See notes to condensed consolidated financial statements.















                                       -4-<PAGE>

AUDITS & SURVEYS WORLDWIDE, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(Dollar amounts in thousands except for per-share data)

<TABLE>

                           Three Months Ended         Nine Months Ended
                           Sept.30, 1995  Oct.2, 1994 Sept.30, 1995 Oct.2, 1994

<S>                          <C>          <C>            <C>        <C>
REVENUES                    $12,783      $12,109         $40,615    $31,814
                              ------       ------          ------     ------
COSTS AND EXPENSES:
  Direct costs                 6,670        5,319          20,623     12,892
  Selling, general and
    administrative expenses    6,348        5,024          18,073     15,251
  Incentive bonuses              450        1,281           1,199      2,726
  Interest expense               121           48             285        148
  Other expense (income) -net    119         (96)           (188)      (255)
  Stock bonus                      -          779               -        779
                               _____        _____           _____      _____

TOTAL COSTS AND EXPENSES     13,708       12,355          39,992     31,541
                              ------       ------          ------     ------

(LOSS) INCOME BEFORE
(CREDIT) PROVISION FOR
INCOME TAXES                  (925)        (246)             623        273

(CREDIT) PROVISION FOR
INCOME TAXES                  (435)         (88)             255        240
                              ------       ------          ------     ------
NET (LOSS) INCOME            $(490)       $(158)            $368        $33
                              ======       ======          ======     ======


NET (LOSS) INCOME PER
SHARE                         $(.04)       $(.02)           $.03       $.00
                              ======       ======          ======     ======
                                    


WEIGHTED AVERAGE                   
NUMBER OF COMMON
SHARES OUTSTANDING       13,094,755    10,475,804      12,298,517 10,475,804
                         ==========    ==========      ========== ==========

</TABLE>
See notes to condensed consolidated financial statements.














                                         -5-<PAGE>

AUDITS & SURVEYS WORLDWIDE, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
(Dollar amounts in thousands)
<TABLE>
<CAPTION>
                                                      Nine Months Ended       
                                                  Sept. 30, 1995 Oct. 2, 1994
CASH FLOW FROM OPERATING ACTIVITIES:
  <S>                                             <C>           <C>
  Net income                                      $    368      $     33
                                                  --------      --------
  Adjustments to reconcile net income to net
   cash used by operating activities:
    Depreciation and amortization                     406           382
    Deferred income taxes                           (163)            27
    Amortization of deferred charges                   60            28
    Accrued rent                                      167         (237)
    Other non-cash items                               29            54
    Stock Bonuses to Officers                           -           469
    Changes in operating assets and liabilities:
      Accounts receivable                         (1,097)       (2,338)
      Prepaid expenses and deferred charges            72           176
      Net assets held for sale                       (96)             0
      Other current assets                           (75)            18
      Other noncurrent assets                       (627)         (125)
      Income taxes payable                          (998)           208
      Accounts payable and accrued expenses           363         1,035
      Accrued payroll and bonuses                 (1,723)           236
      Customer billings in excess of
       revenues earned                              (598)           785
                                                 --------     ---------
    Total adjustments                             (4,280)           718
                                                 --------     ---------

  Net cash used by operating activities            (3,912)           751
                                                 --------     ---------
CASH FLOWS FROM INVESTING ACTIVITIES:
  Loans to officers/stockholders                      (48)          (95)
  Repayment of loans from officers/stockholders         47            21
  Repayment of loans from affiliates                     -            56
  Purchases of property and equipment                (589)         (241)
  Investment in subsidiary                               -           (5)
  Payment of deferred merger costs                   (191)         (505)
  Cash received from Triangle merger                 1,090           -  

  Net cash provided (used) by investing
  activities                                        (309)         (769)
                                                 --------     ---------
CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from short-term borrowings-bank           3,700           750
  Principal payments on notes payable-
    officers/stockholders                           (984)         (391)
  Principal payments on long-term debt               (211)         (317)
  Principal payments on capital lease obligations     (99)          (31)
  Principal payments on financing of capital
     expenditures                                    (22)             0
  Distribution to stockholders                           0         (510)
                                                 --------     ---------
  Net cash provided (used) by financing 
    activities                                      2,384         (499)
                                                 --------     ---------
EFFECT OF EXCHANGE RATE DIFFERENCES ON CASH            39            13
                                                 --------     ---------
NET DECREASE IN CASH                              (1,180)         (504)

CASH, BEGINNING OF PERIOD                             754           720
                                                ---------     ---------
(CASH OVERDRAFT) CASH, END OF PERIOD                (426)           216
                                                =========     =========

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
  Cash paid during
   the year for:           Interest                   204           121
                                                =========     =========
                           Income Taxes            $1,335            $0
                                                =========     =========

    SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND
    FINANCING ACTIVITIES:

      Capital lease obligation incurred for
       purchase of equipment                         $250
                                                     ====
      Financing of capital improvements              $332
                                                     ====
      The Company issued common stock in
      order to effect the merger with Triangle.  
      Such stock aggregated $2,235 (net of
      $1,254 of related merger costs).
      In conjunction with the acquisition,
      liabilities were assumed as follows:

      Fair value of assets acquired
       (includes $1,090 of cash acquired)          $2,707
      Value of common stock issued
       (net of $1,254 of related merger costs)      2,235
                                                   ------
      Liabilities assumed                            $472
                                                   ======
</TABLE>


See notes to condensed consolidated financial statements.






















                                         -7-<PAGE>

AUDITS & SURVEYS WORLDWIDE, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED)
(Dollar amounts in thousands)

<TABLE>
<CAPTION>
                     COMMON STOCK         ADDITIONAL  RETAINED   TREASURY STOCK

                                            PAID-IN
                                                      EARNINGS
                    SHARES        AMOUNT    CAPITAL            SHARES   AMOUNT
 <S>               <C>            <C>       <C>       <C>       <C>      <C>
 BALANCE,          14,075,650     $14       $334      $1,168    3,601    $380
 DECEMBER 31,
 1994
                                                                            
 Net Income
 
 Effects of         (980,895)     117      1,678         -     (3,601)   (380)
 Triangle         -----------    ----      -----      -------  -------   -----
 merger

 BALANCE,         13,094,755    $131     $2,012      $1,536       -    $   - 
 SEPTEMBER,       ==========    ====     ======      ======     ====    ======
 30, 1995


</TABLE>

See notes to condensed consolidated financial statements.
































                                         -8-<PAGE>

               AUDITS & SURVEYS WORLDWIDE, INC. AND SUBSIDIARIES
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


1.    The accompanying financial statements of Audits & Surveys Worldwide, Inc.
      ("the  Company")  include  the  accounts  of Audits and Surveys, Inc. and
      subsidiaries  ("A&S")  for  the  entire  period  and  the accounts of The
      Triangle  Corporation  ("Triangle")  as  of March 24, 1995, the effective
      date of the merger (the Merger) described in Note 3.

2.    The 1995 and 1994 consolidated financial statements have been prepared by
      the  Company  and  are  unaudited.    In  the  opinion  of  the Company's
      m a n agement  all  adjustments  (consisting  only  of  normal  recurring
      adjustments)  necessary to present fairly the financial position, results
      of  operations  and  cash  flows  for the interim periods have been made.
      Certain  information  and  footnote  disclosures required under generally
      accepted  accounting  principles  have been condensed or omitted from the
      consolidated  financial  statements pursuant to the rules and regulations
      of  the  Securities  and Exchange Commission.  The consolidated financial
      statements  presented  herein  should  be  read  in  conjunction with the
      year-end  consolidated financial statements and notes thereto included in
      Triangle's  Annual  Report  on  Form 10-K for the year ended December 31,
      1994,  and  the  historical financial statements and notes thereto of A&S
      for  the year ended December 31, 1994 included in the Company's Form 8K/A
      filed  with  the Securities and Exchange Commission on May 15, 1995.  The
      results  of  operations  for the three month and nine month periods ended
      September  30, 1995 and October 2, 1994 are not necessarily indicative of
      the results to be expected for any other interim period or for the entire
      year.

3.    Merger

      On  March  24,  1995, the Company completed a Merger between Triangle and
      A&S.  In accordance with the terms of the Merger Agreement, each share of
      Triangle's  common  stock  outstanding  prior  to the consummation of the
      M e rger  remained  outstanding.    Each  share  of  A&S's  common  stock
      outstanding  prior  to  the  Merger was exchanged for 1,407.565 shares of
      Triangle's  common stock. Upon consummation of the Merger, the holders of
      Triangle's  common stock immediately prior to the Merger owned 20% of the
      combined  company's  common  stock  and the holders of A&S's common stock
      immediately  prior  to  the  Merger  owned  80% of the combined company's
      common  stock.    For  accounting  and  financial reporting purposes, the
      Merger  has  been  treated  as  a  reverse acquisition in accordance with
      generally  accepted  accounting principles, with A&S being deemed to have
      acquired  Triangle's  net  assets  in return for a 20% equity interest in
      A&S.    The  name of the combined company was changed to Audits & Surveys
      Worldwide,  Inc.   Triangle's results of operations have been included in
      the  consolidated  financial  statements of the Company subsequent to the
      effective date of the Merger. The purchase price has been allocated among
      the  fair  value  of Triangle's net assets acquired.  Any excess purchase
      price, including approximately $1,254,000 of Merger related expenses, has
      been  charged  to  paid-in  capital.    Accordingly, no goodwill has been
      recorded in connection with this transaction.

      The  following  unaudited  pro  forma  summary  presents the consolidated
      results  of  operations as if the Merger had occurred at the beginning of
      each period presented and does not purport to be indicative of what would
      have  occurred  had  the  Merger  been  completed as of those dates or of
      results which may occur in the future.


                                       -9-<PAGE>



                                                        Nine Months Ended      
                                                        -----------------
                                                  Sept. 30, 1995 Oct. 2, 1994
                                                  -------------  -----------
      Revenues                                     $40,615,000  $31,814,000
                                                  ============  ===========
      Net income                                      $187,000     $407,000
                                                  ============  ===========
      Net income per share                                $.01         $.03
                                                   ===========   ==========

4.    Commitments and Contingencies

      On  March  24, 1995, the Company entered into employment and compensation
      agreements  with  its  Chief Executive Officer ("CEO"), its President and
      two  of  its  Executive Vice-Presidents and on September 13, 1995 entered
      into  an  employment and compensation agreement with its Controller.  The
      agreement  with the CEO provides that he will be employed for a period of
      five  years  at  a  base salary of $350,000 per annum, plus discretionary
      bonuses  as  may  be  determined  by the Board of Directors.  At any time
      after  March  24,  1998,  the  CEO may elect to terminate his status as a
      full-time employee and become a consultant to the Company for the balance
      of  the  term  of  his  employment agreement and receive a consulting fee
      e q u a l    to  $175,000  per  annum.    The  President,  two  Executive
      V i c e-Presidents  and  the  Controller  have  entered  into  employment
      agreements,  each  for  a  term  of  three years at a salary of $300,000,
      $250,000,  $195,000  and  $120,000  per  annum,  respectively, as well as
      discretionary bonuses as may be determined by the Board of Directors.

      On  February 6, 1995, the Company entered into a five year agreement with
      a  supplier whereby the Company will pay $1,500,000 for retail sales data
      and  other  rights  as  specified  in  the  agreement.    In the event of
      termination,  the amounts owed to the supplier would be prorated based on
      the  proportion  of  sales  data  received  during  the  period  prior to
      termination.    As  of  September  30,  the Company has paid the supplier
      $1,000,000.   The balance of $500,000 is to be paid at a rate of $100,000
      a year over the five year period.

      On  August  4,  1993, Triangle completed the sale of substantially all of
      the   assets  and  properties  constituting  its  mechanics'  hand  tool,
      h o r seshoe  and  farrier  tool  business  to  Cooper  Industries,  Inc.
      ("Cooper").    On  February 3, 1995, Triangle was notified by Cooper that
      Triangle  had  allegedly  breached certain representations and warranties
      made  to  Cooper  in  the  agreement  pertaining to such sale (the Cooper
      Agreement).    The  alleged  breaches  pertained to a representation that
      Triangle had no knowledge of the existence of any undisclosed underground
      storage tanks ("USTs").  In such notice, Cooper advised Triangle that its
      damages  arising  from  this breach could be in excess of $1,000,000, and
      that  Cooper  would  therefore withhold a deferred payment of $1,000,000,
      plus interest, due to Triangle by February 10, 1995, until the matter was
      resolved.    On  March  9, 1995, Mobil Oil Corporation ("Mobil") notified
      Cooper  that  Mobil believed the USTs in question were left from a former
      Mobil  service  station  operation  on  the same premises, and that Mobil
      w o u l d ,   subject  to  a  reservation  of  its  rights,  assume  lead
      responsibilities  for  investigative  and/or  remedial  activities at the
      site.    Based in part upon the receipt of this letter from Mobil, Cooper
      paid  to  Triangle  the aforesaid $1,000,000, plus interest, on March 17,
      1995,  and  notified  Triangle  that  Cooper would hold its claim against
      Triangle  in abeyance pending final resolution of the matter.  Based upon
      both  Mobil's  commitment  and the Company's investigation of the removal


                                      -10-<PAGE>


      and remedial costs likely to be incurred with respect to the existence of
      these  USTs,  the  Company  does  not  believe that a payment, if any, to
      Cooper  by the Company of any damages that may be suffered by Cooper with
      respect  to  the alleged breach would be likely to have a material effect
      on   the  Company's  consolidated  results  of  operations  or  financial
      position.    Furthermore, the Company believes that it has valid defenses
      to any potential Cooper claims.

      Triangle's former subsidiary Diamond Tool and Horseshoe Co., now known as
      Tri-North, Inc., is one of a large number of third-party defendants in an
      action  brought  by the U.S. Environmental Protection Agency.  The action
      involves  the  cleanup  of  the  Arrowhead  Refinery  Superfund  site  in
      Minnesota  and the defendants are seeking the right to reimbursement of a
      portion  of their costs from the third-party defendants.  In prior years,
      Triangle  expensed  $100,000,  excluding  legal  costs,  relating to this
      action.    Any  further  liability  with  respect  to  this  action would
      constitute  an  Assumed  Liability  (as  defined)  under the terms of the
      Cooper  Agreement  described above.  Cooper is obligated to indemnify the
      Company  against  any  such  liability (including the cost of obtaining a
      s e t tlement  or  consent  order  releasing  the  Company  from  further
      liability).    However,  the final conditional payment due from Cooper of
      $500,000 (plus interest thereon) is due when and if the Company obtains a
      satisfactory  settlement  or  consent  order  releasing  it  from further
      liability  with  respect  to  this  action  in accordance with the Cooper
      Agreement,  and  which  $500,000  is  to be reduced by the amount paid in
      obtaining  such  a settlement or consent order.  Notwithstanding the fact
      that  the Company's maximum exposure from this litigation is therefore in
      effect  limited to the loss of this $500,000 conditional payment, a range
      of  possible loss cannot be reasonably estimated.  The Company's ultimate
      liability  in  this  matter  is not, however, expected to have a material
      effect  on  the Company's consolidated results of operations or financial
      position.






























                                      -11-<PAGE>

Item 2. Management's Discussion and Analysis of Financial Condition and Results
of
        Operations

Comparison  of  the Third Quarter and Nine Months ended September 30, 1995 with
the Third Quarter and Nine Months ended October 2, 1994

Results of Operations

As  previously  reported,  on  March  24,  1995, the Company completed a Merger
between  the  former  Triangle Corporation (Triangle) and the former Audits and
Surveys,  Inc.  (A&S).    For  accounting and financial reporting purposes, the
Merger  has  been treated as a reverse acquisition in accordance with generally
accepted  accounting  principles,  with  A&S  being  deemed  to  have  acquired
Triangle's  assets in return for a 20% equity interest in A&S.  The name of the
combined  company  was  changed to Audits & Surveys Worldwide, Inc.  Triangle's
results  of  operations  have  been  included  in  the  consolidated  financial
statements of the Company subsequent to the effective date of the Merger.

Triangle's  operations  for the period March 24, 1995 to March 31, 1995 are not
significant.    For  convenience, the acquisition has been recorded as of March
31, 1995 for accounting purposes.

Revenues  increased  by  $674,000  (5.6%)  and  $8,801,000 (27.7%) in the third
quarter  and  nine  month  period, respectively, of 1995 when compared with the
same  periods  of  1994.    The  Customer  Satisfaction  division had increased
revenues  of  $670,000  in  the third quarter and $3,688,000 for the nine month
period  principally  from  two  major  mystery  shopping  customer satisfaction
surveys  which  had  not been initiated in 1994.  Revenues of the International
division increased $63,000 and $3,059,000 in the third quarter and nine months,
respectively, as a result of a major consumer products study.

Direct  costs  increased $1,351,000 (25.4%) in the third quarter and $7,731,000
(60%)  in the nine month period of 1995 compared with the same periods of 1994.
As  a  percentage  of revenues, direct costs were 52.2% in the third quarter of
1995  compared  with  43.9%  in 1994 and for the nine months were 50.8% in 1995
compared  with  40.5% in 1994.  The increases in direct costs stemmed primarily
from  the  higher  revenues.   The increases in direct costs as a percentage of
revenues  reflect  the  impact  of  the  studies  which generated the increased
revenues having significantly higher costs than the Company's historical mix of
survey studies.  Direct costs as a percentage of revenues were also impacted by
expenses incurred related to the development of new research services.



















                                      -11-<PAGE>

Selling,  general  and  administrative  (SG&A) expenses increased approximately
$1,324,000  (26.4%)  and $2,822,000 (18.5%) in the third quarter and nine month
period,  respectively,  of  1995 compared with 1994.  Approximately $874,000 of
the  third  quarter  increase and $1,962,000 of the increase for the nine month
period  resulted  from  higher base compensation for several key employees upon
implementation of new compensation agreements (see Incentive bonuses discussion
below)  and  additional  salaries of new personnel related to generation of the
increased  revenues  previously  discussed.    Other  SG&A  expenses  increased
$450,000  in  the  third  quarter  and  $860,000  for  the  nine  month period.
Approximately  half  of  these  increases  stemmed from higher professional and
consulting  fees  and  other  expenses  incurred in connection with the Company
making  the  transition  from  a private to a publicly owned corporation (which
expenses  were  not directly related to the merger) and for improvements to the
Company's  information  system.    In  addition,  increases in rent, utilities,
telephone  and  associated costs were incurred to accommodate the new personnel
described above.

Incentive bonuses decreased $831,000 in the third quarter and $1,527,000 in the
nine  months  period, respectively, of 1995 when compared with the same periods
of 1994.  The decrease resulted from a decline in the operating income on which
the  incentive  bonuses  are  calculated  as  well as the implementation of new
compensation  agreements  with  several  key  employees  which  increased  base
salaries (see SG&A above) and simultaneously reduced incentive bonuses.

Results  for  the  third  quarter  and nine month period of 1995 were adversely
impacted  by  a nonrecurring charge of $175,000 to "Other expense."  The charge
was  the  result  of  the  termination  of  a sublease with a subtenant and the
occupancy of the space by the Company.

Liquidity and Capital Resources

Cash  flow  from  operations and borrowings under its credit facilities are the
Company's  primary  sources  of  funds.   The Company's operating cash flow and
borrowings  have  been sufficient to provide funds for working capital, capital
expenditures  and  payment  of principal and interest on indebtedness.  Working
capital  deficiency  as  of  September  30,  1995  was $1,113,000 compared with
$2,177,000  as  of December 31, 1994.  The improvement in the Company's working
capital  deficiency  as of September 30, 1995 was due to the additional working
capital  provided as a result of the merger with Triangle and to an increase of
$1,097,000  in accounts receivable accompanied by a decrease of $598,000 in the
a m o u nts   billed   to   customers   prior   to   revenue   recognition   on
percentage-of-completion contracts.

Approximately  $1,090,000  in cash was provided through the Triangle merger and
offset  purchases  of  various production, computer system and telephone system
capital assets aggregating $589,000.

During  the  nine  months  ended September 30, 1995, short-term bank borrowings
were  offset,  in  part,  by  payments  on  long-term  bank  borrowings  and on
short-term  borrowings  from officers of the Company.  The Company has a credit
facility  with  a  bank of $4,000,000 and had loans outstanding under this bank
line  of  $3,700,000  at  September  30,  1995.   The loans were needed to fund
significant  cash  payments  such  as  the  merger related expenses, payment of
estimated income taxes arising from the change in the Company's tax status from
a  Subchapter  S  Corporation  and  the payment of $1,000,000 to a supplier for
retail  sales  data  (see Note 4).  The credit facility expires on December 31,
1995.   The Company believes it will be successful in negotiating with the bank
for  a  renewal  of  the  credit  facility  and  that it will be able to obtain
adequate  funds to finance its operations and meet its debt obligations for the
next  twelve  months  through  funds generated by its operations and borrowings
under such credit facility.


































                                      -12-<PAGE>

                           Part II. OTHER INFORMATION



Item 6. Exhibits and Reports on Form 8-K*



a.  Exhibits:

    10.   Employment  Agreement,  dated  September 13, 1998 between the Company
            and Alan J. Ritter.

    27.     Financial Data Schedule.


b.  Reports on Form 8-K:


    The  Company  has  not  filed  any reports on Form 8-K during the quarterly
    period ended September 30, 1995.



----------------------
*   There  is  no instrument defining the right of holders of long-term debt of
    the Company or of any of its subsidiaries other than where the total amount
    of securities authorized thereunder does not exceed 10% of the total assets
    of the Company and its subsidiaries on a consolidated basis.  In accordance
    with  paragraph  (b)(4)(iii)  of  Item  601  of Regulation S-K, the Company
    agrees  to furnish to the Securities and Exchange Commission, upon request,
    copies of any such instrument.






























                                      -15-<PAGE>
                                   SIGNATURES



Pursuant  to  the  requirements  of  the  Securities  Exchange Act of 1934, the
Company  has  duly  caused  this  report  to  be  signed  on  its behalf by the
undersigned thereunto duly authorized.


                                           AUDITS & SURVEYS WORLDWIDE, INC.



November 14, 1995                         By: /s/H. Arthur Bellows, Jr.
Date                                      H. Arthur Bellows, Jr.
                                                President


                                          By: /s/Alan J. Ritter             
                                                Alan J. Ritter
                                                Senior Vice President
                                                Corporate Controller







































                                      -16-<PAGE>