UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                           Washington, DC  20549

                                 FORM 10-Q


    (Mark One)
    [ X ]          QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                   OF THE SECURITIES EXCHANGE ACT OF 1934
    For the quarterly period ended:   July 31, 1999

                                   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
       0-12619

    Collins Industries, Inc.
    (Exact name of registrant as specified in its charter)

    Missouri
    (State or other jurisdiction of incorporation)

    43-0985160
    (I.R.S. Employer Identification Number)

    15 Compound Drive
    Hutchinson, Kansas                            67502-4349
    (Address of principal executive offices)      (Zip Code)

    Registrant's telephone number including area code
    316-663-5551

    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  such  reports),  and (2) has been subject  to  such  filing
    requirements for the past 90 days.

                              Yes  X     No

                  APPLICABLE ONLY TO CORPORATE ISSUERS:

    Indicate the number of shares outstanding of each of the issuer's
    classes of common stock, as of the latest practicable date.

    Common Stock, $.10 par value                      7,460,406
          Class                              Outstanding at September 8, 1999

                  COLLINS INDUSTRIES, INC. AND SUBSIDIARIES

                                  FORM 10-Q
                                July 31, 1999

                                   INDEX

    PART I.   FINANCIAL INFORMATION                                  PAGE NO

          Item 1.  Financial Statements:

          Consolidated Condensed Balance Sheets
            July 31, 1999 and October 31, l998                          3

          Consolidated Condensed Statements of Income -
            Three and Nine Months Ended July 31, 1999
              and 1998                                                 4

          Consolidated Condensed Statements of Cash Flow -
            Nine Months Ended July 31, 1999 and 1998                   5

          Notes to Consolidated Condensed Financial Statements         6

          Item 2.

          Management's Discussion and Analysis of Financial
            Condition and Results of Operations                        8


    PART II.  OTHER INFORMATION

          Item 6.  Exhibits and Reports on Form 8-K                  12


    SIGNATURES                                                       13


    PART I - FINANCIAL INFORMATION

    Item 1 - Financial Statements

                 Collins Industries, Inc. and Subsidiaries
                   CONSOLIDATED CONDENSED BALANCE SHEETS
                                (Unaudited)

                                                 July 31,       October 31,
                                                  1999             1998

    ASSETS
    Current assets:
     Cash                                      $   236,140     $   143,995
     Receivables, trade & other                  6,311,192       5,346,051
     Inventories, lower of cost (FIFO)
       or market                                41,431,425      25,271,242
     Prepaid expenses and other current
       assets                                      562,671         985,420
       Total current assets                     48,541,428      31,746,708

     Property and equipment, at cost            40,222,583      37,783,917
     Less:  accumulated depreciation            22,295,504      21,038,717
       Net property and equipment               17,927,079      16,745,200
     Other assets                                5,397,814         584,141
       Total assets                            $71,866,321     $49,076,049

    LIABILITIES & SHAREHOLDERS' INVESTMENT
    Current liabilities:
     Current maturities of long-term
      debt & capitalized leases                $ 1,584,617     $ 1,108,750
     Accounts payable                           20,068,657      12,017,444
     Accrued expenses                            5,792,767       2,946,167
       Total current liabilities                27,446,041      16,072,361

    Long-term debt and capitalized leases       21,704,132      12,733,085

    Shareholders' investment:
     Common stock                                  746,041         743,088
     Paid-in capital                            16,946,703      18,051,859
     Retained earnings                           5,023,404       1,475,656
       Total shareholders' investment           22,716,148      20,270,603
       Total liabilities &
        shareholders' investment               $71,866,321     $49,076,049

    (See accompanying notes)

                     Collins Industries, Inc. and Subsidiaries
                    CONSOLIDATED CONDENSED STATEMENTS OF INCOME
                                    (Unaudited)

                           Three Months Ended         Nine Months Ended
                                 July 31,                  July 31,
                           1999         1998          1999         1998

    Sales               $52,836,325  $39,289,431   $137,777,200  $116,102,995
    Cost of sales        44,128,448   33,549,606    115,734,548    99,459,158

      Gross profit        8,707,877    5,739,825     22,042,652    16,643,837

    Selling, general and
    administrative
    expenses              5,214,445    4,116,855     14,314,957    11,852,080

     Income from
      operations          3,493,432    1,622,970      7,727,695     4,791,757

    Other income (expense):
     Interest expense      (512,394)    (362,471)    (1,365,449)   (1,090,651)
     Other, net             115,752       96,236        261,100       297,413

                           (396,642)    (266,235)    (1,104,349)     (793,238)

    Income before provision
     for income taxes     3,096,790    1,356,735      6,623,346     3,998,519

    Provision for income
     taxes                1,177,000      476,000      2,517,000     1,400,000


    Net income          $ 1,919,790   $  880,735   $  4,106,346  $  2,598,519

    Earnings per share:
     Basic              $       .27   $      .12   $        .56  $        .35
     Diluted            $       .26   $      .12   $        .55  $        .34

    Dividends per
     share              $      .025   $     .025   $       .075  $       .205

    Weighted average common
     and common equivilent shares
     Outstanding:
      Basic               7,243,498    7,518,533      7,336,618     7,510,156
      Diluted             7,504,776    7,624,141      7,465,421     7,729,063

    (See accompanying notes)

                       Collins Industries, Inc. and Subsidiaries
                    CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOW
                                     (Unaudited)

                                                   Nine Months Ended
                                                        July 31,
                                                   1999          1998
    Cash flow from operations:
     Cash received from customers              $138,104,106   $118,677,429
     Cash paid to suppliers and employees      (132,523,103)  (114,246,674)
     Interest paid                               (1,310,821)    (1,051,957)
     Income taxes paid                           (1,358,028)      (901,457)

        Cash provided by operations               2,912,154      2,477,341

    Cash flow from investing activities:
     Capital expenditures and acquisition        (7,114,816)    (4,657,208)
     Proceeds from sale of property and
      equipment                                     986,437        481,341
     Other, net                                    (538,395)      (435,658)

        Cash used in investing activities        (6,666,774)    (4,611,525)

    Cash flow from financing activities:
     Net increase in other borrowings             6,207,402      6,196,375
     Principal payments of long-term debt
      and capitalized leases                       (699,836)    (1,978,541)
    Proceeds from exercise of stock options         158,742         97,878
    Acquisition and retirement of treasury
     stock                                       (1,260,946)      (671,690)
    Payment of dividends                           (558,597)    (1,547,717)

        Cash provided by financing activities     3,846,765      2,096,305

    Net increase (decrease) in cash                  92,145        (37,879)

    Cash at beginning of period                     143,995        189,152

    Cash at end of period                      $    236,140   $    151,273

    Reconciliation of net income to net cash provided by operations:
     Net income                                $  4,106,346   $  2,598,519
     Depreciation and amortization                1,771,091      1,322,051
     Changes in assets and liabilities net
      of Mid Bus acquisition
       Decrease in receivables                      326,906      2,574,434
       Increase in inventories                  (11,137,395)    (1,451,480)
       Decrease in prepaid expenses and
        other current assets                        453,351        847,545
       Increase (decrease) in accounts
        payable and accrued expenses              7,477,684     (3,341,448)
       Other                                        (85,829)       (72,280)

    Cash provided by operations                $  2,912,154   $  2,477,341

   (See accompanying notes)

                    COLLINS INDUSTRIES, INC. AND SUBSIDIARIES

              Notes to Consolidated Condensed Financial Statements
                                  (Unaudited)


    (1)  General

    The  preparation  of  financial  statements  in  conformity  with
    generally  accepted accounting principles requires management  to
    make  estimates and assumptions that affect the reported  amounts
    of assets and liabilities and disclosure of contingent assets and
    liabilities  at  the  date of the financial  statements  and  the
    reported  amounts of revenues and expenses during  the  reporting
    period.  Actual results could differ from those estimates.

    In   the   opinion  of  management,  the  accompanying  unaudited
    consolidated   condensed   financial   statements   contain   all
    adjustments (consisting of only normal recurring items) necessary
    to  summarize  fairly the Company's financial  position  and  the
    results  of  operations for the three and nine months ended  July
    31,  1999 and 1998, and the cash flows for the nine months  ended
    July 31, 1999 and 1998.

    The  Company  suggests that the unaudited consolidated  condensed
    financial statements for the three and nine months ended July 31,
    1999 be read in conjunction with the Company's Annual Report  for
    the year ended October 31, 1998.

    Under the previously adopted 1997 Ominbus Incentive Plan, the Company
    issued 253,000 shares of common stock on May 14, 1999, in the form
    of restricted stock awards.  Shares were issued as an incentive to
    retain key employees, officers and directors. Of these shares, 4,000
    and  249,000 will vest on May 14, 2001,  and  May 14, 2002, respectively.

    (2)  Inventories

    Inventories,  which  include material, labor,  and  manufacturing
    overhead, are stated at the lower of cost (FIFO) or market.

    Major classes of inventories as of July 31, 1999 and October  31,
    1998, consisted of the following:

                                          July 31,       October 31,
                                            1999            1998

         Chassis                        $12,954,905     $  7,916,058
         Raw materials & components      10,035,934        8,871,980
         Work in process                  5,865,037        3,408,167
         Finished goods                  12,575,549        5,075,037
                                        $41,431,425      $25,271,242
    (3)  Loan Agreement

    On April 1, 1999, the Company amended the original Loan Agreement
    dated July 31, 1998, with NationsBank (the "Bank"). This
    amendment increased the Company's total credit facility to $37.3
    million. The Agreement provides for a revolving credit facility
    of $22.0 million, a long-term credit facility of $10.3 million,
    and an acquisition credit facility of $5.0 million. The credit
    facilities bear interest based on a combination of Eurodollar and
    the Bank's prime rate.

    The revolving credit facility is collateralized by inventories
    and receivables and the long-term facility is collateralized by
    equipment and certain real property. Under terms of the
    Agreement, the Company is required to maintain certain financial
    ratios and other financial conditions. The Agreement also
    prohibits the Company from incurring certain additional
    indebtedness, limits certain investments, advances or loans and
    restricts substantial asset sales and capital expenditures.

    (4)  Contingencies and Litigation

    At  July  31, 1999, the Company had contingencies and  litigation
    pending   which  arose  in  the  ordinary  course  of   business.
    Litigation  is subject to many uncertainties and the  outcome  of
    the  individual  matters is not presently  determinable.   It  is
    management's  opinion that this litigation would  not  result  in
    liabilities  that  would have a material adverse  effect  on  the
    Company's consolidated financial statements.

    (5)  Earnings per Share

    Dilutive  securities,  consisting  of  options  to  purchase  the
    Company's  common stock, and restricted stock awards included  in
    the  calculation  of diluted weighted average common  shares  was
    261,278  and  105,608 for the three months ended July 31, 1999 and
    1998,  respectively. The effect of dilutive  stock  options,  and
    restricted  stock  awards on weighted average shares  outstanding
    was  128,803 and 218,907 for the nine months ended July 31,  1999
    and 1998, respectively.

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

    RESULTS OF OPERATIONS:

    Sales

    Sales for the quarter ended July 31, 1999, increased 35% from the
    same period in fiscal 1998. This increase was principally due  to
    increased sales of bus and ambulance products partially offset by
    a decrease in terminal truck sales.

    Sales for the nine months ended July 31, 1999, increased 19% over
    the same period in fiscal 1998. This increase was principally due
    to higher sales of bus and ambulance products partially offset by
    a decrease in terminal truck sales.

    The  Company's  consolidated  sales  backlog  at  July  31,  1999
    increased  119%  to $73.5 million compared to  $33.6  million  at
    October  31,  1998. This increase was across all  product  lines.
    Including  the  Mid Bus acquisition, the backlog of  bus  product
    lines  increased by 136%, ambulances by 106% and terminal  trucks
    by  104%.  The  Company's consolidated sales  backlog  was  $39.0
    million at July 31, 1998. The significant increase in backlog  is
    principally  attributable  to  additional  sales  and   marketing
    expenditures and higher market demand related to the  replacement
    of non-conforming vans.

    Cost of Sales

    Cost of sales for the three months ended July 31, 1999 was 83.5% of
    sales  compared to 85.4% for the same period in fiscal 1998.  The
    Company's cost of sales for the nine months ended July  31,  1999
    was 84.0% of sales compared to 85.7% of sales for the same period
    in  fiscal  1998. The decrease in cost of sales as a  percent  of
    sales  for  the  three and nine months ended July  31,  1999  was
    principally  due to increased efficiencies in labor and  material
    usage  achieved  from  mechanization,  partially  offset  by   an
    increase in manufacturing overhead.

    Gross Margin

    Gross  margins for the three and nine months ended July 31, 1999,
    improved  as a result of cost controls implemented over the  past
    several  quarters  and  higher bus product  sales.  However,  the
    Company  experienced  increased direct labor  rates  without  any
    significant increase in selling prices. The labor increases  were
    partially  offset by other cost reduction measures  and  improved
    operating  efficiencies including those resulting from continuing
    mechanization of manufacturing processes.

    Other Income (Expense)

    Interest  expense for the three and nine months  ended  July  31,
    1999, increased principally as a result of the Company's increase
    in   borrowings  to  fund  additional  inventory,  capital  asset
    additions, a plant expansion and the acquisition of Mid Bus, Inc.
    This increase was partially offset by an overall reduction of the
    Company's  effective  interest  rates.  The  reduction   of   the
    Company's  effective  interest rate was principally  due  to  the
    Company negotiating a lower interest rate with its lead bank  and
    new Industrial Revenue Bond financing.

    Net Income

    The Company's net income for the three months ended July 31, 1999 was
    $1.9  million  ($.26 per share-diluted) compared to  $.9  million
    ($.12 per share-diluted) for the same period in fiscal 1998.  The
    increase in the Company's net income was principally attributable
    to  stronger operating results from bus products including  those
    of the newly acquired Mid Bus, Inc.

    The  Company's  net  income  was $4.1 million  ($.55  per  share-
    diluted) for the nine months ended July 31, 1999 compared to $2.6
    million  ($.34 per share-diluted) for the nine months ended  July
    31,  1998. The net income change was principally due to the  same
    reasons discussed in the immediately preceding paragraph.

    LIQUIDITY AND CAPITAL RESOURCES:

    The  Company  used  existing credit lines,  internally  generated
    funds  and supplier financing to fund its operations and  capital
    expenditures for the three and nine months ended July 31, 1999.

    Cash  provided by operations was $2.9 million for the nine months
    ended  July 31, 1999 compared to $2.5 million for the nine months
    ended  July  31,  1998.  Cash provided by operations  principally
    resulted  from  the  Company's  net  income  ($4.1  million),  an
    increase  in  accounts payable ($7.5 million),  depreciation  and
    amortization  ($1.8  million),  a decrease  in  receivables  ($.3
    million),  and a decrease in prepaid expenses ($.5 million),  and
    was partially offset by an increase in inventory ($11.1 million),
    during the nine months ended July 31, 1999. Inventories increased
    principally  to  support higher sales volumes, to better  balance
    production   capacities  with  related  sales   demand   and   to
    accommodate  higher production levels during  the  summer months
    for bus products.

    Cash  used in investing activities was $6.7 million for the  nine
    months ended July 31, 1999 compared to $4.6 million for the  nine
    months ended July 31, 1998.  The increase was principally due  to
    higher capital expenditures including the acquisition of Mid  Bus
    Inc.

    Cash  flow provided by financing activities was $3.8 million  for
    the  nine months ended July 31, 1999 compared to $2.1 million for
    the  nine  months  ended July 31, 1998.  This change  principally
    resulted  from increases in borrowing for the nine  months  ended
    July  31,  1999.  Interest-bearing debt for the  three  and  nine
    months  ended  July  31,  1999, increased to finance the acquisition
    of Mid Bus, Inc., accommodate higher inventory levels, and to
    finance certain equipment with Industrial Revenue Bonds.

    The Company believes that its cash flows from operations and bank
    credit  lines  will be sufficient to satisfy its  future  working
    capital and capital expenditure requirements.

    Year 2000 Issue

    The  Year  2000 ("Y2K") issue is the result of computer  programs
    being  written  using two digits rather than four to  define  the
    applicable  year.  The Company's computer equipment and  software
    and  devices with imbedded technology that are time-sensitive may
    recognize a date using "00" as the year 1900 rather than the year
    2000.   This  could result in a system failure or miscalculations
    causing disruptions of operations, including, among other things,
    a  temporary inability to process transactions, send invoices, or
    engage in similar normal business activities.

    The  Company  has  developed  and  is  in  the  later  stages  of
    implementing  a  plan  intended  to  ensure  that  its   computer
    equipment  and  software will function properly with  respect  to
    dates  in  the  year 2000 and thereafter.  For this purpose,  the
    term "computer equipment and software" includes systems that  are
    commonly  thought  of as information technology  ("IT")  systems,
    including accounting, data processing and telephone/PBX  systems,
    hand-held  terminals, scanning equipment, and other miscellaneous
    systems, as well as systems that are not commonly thought  of  as
    IT  systems,  such  as  alarm systems,  fax  machines,  or  other
    miscellaneous  systems.  Both IT and non-IT systems  may  contain
    imbedded   technology,  which  complicates  the   Company's   Y2K
    identification,  assessment, remediation,  and  testing  efforts.
    Based upon its identification and assessment efforts to date, the
    Company  believes  that  certain of the  computer  equipment  and
    software  that  it  currently uses will  require  replacement  or
    modification.   A  substantial portion of the Company's  software
    relates  to prepackaged, copyrighted software written by Mapicsr,
    Actionwarer  and American Vikingr.  The Company has obtained  Y2K
    compliant  versions  of  these software packages  and  has  fully
    converted  to  the Y2K version of Actionwarer.  The  Company  has
    installed the Y2K versions of Mapicsr and American Vikingr  in  a
    test  environment  and  has  fully converted  four  of  the  five
    locations  currently using Mapicsr, and/or American  Vikingr,  to
    the  Y2K  versions.  The  Company  intends  to  convert  the  one
    remaining  location  in  the  fourth  quarter  of  fiscal   1999.
    Additionally,  in  the  ordinary  course  of  replacing  computer
    equipment   and   software,  the  Company  attempts   to   obtain
    replacements  that are Y2K compliant.  The Company  expects  that
    its  overall  Y2K  plan,  which began in  fiscal  1998,  will  be
    completed  by October 31, 1999.  These conversions should  ensure
    proper   functionality  of  computer  equipment   and   software.
    However, the Company has no contingency plan.

    The  Company  has  also contacted significant suppliers  such  as
    Ford, General Motors and Cummins concerning the Company's use  of
    embedded technology from such vendors. Significant suppliers have
    implemented  plans  to  help ensure the uninterrupted  supply  of
    goods  to their customers, and have initiated efforts to evaluate
    the status of products using embedded technology.

    The  cost  of the Y2K issue is not expected to have a  materially
    adverse impact on the Company's results of operation or adversely
    affect  the  Company's relationships with customers,  vendors  or
    others.   However, there can be no assurance that the Y2K  issues
    of  other entities will not have a material adverse impact on the
    Company's systems or results of operations.

    Cautionary Statement Regarding Risks and Uncertainties  That  May
    Affect Future Results

    This  report  and other written reports and oral statements  made
    from  time to time by the Company may contain so-called "forward-
    looking  statements"  about the business,  financial  conditions,
    prospects  of the Company and year 2000 issues, all of which  are
    subject  to  risks  and uncertainties.  One  can  identify  these
    forward-looking  statements  by  their  use  of  words  such   as
    "expects", "plans", "will", "estimates", "forecasts", "projects",
    and  other words of similar meaning.  One can also identify  them
    by  the  fact  that they do not relate strictly to historical  or
    current facts.  One should understand that it is not possible  to
    predict   or  identify  all  factors  which  involve  risks   and
    uncertainties.  Consequently, the reader should not consider  any
    such  list or listing to be a complete statement of all potential
    risks or uncertainties.

    No  forward-looking statement can be guaranteed and actual future
    results  may vary materially.  The actual results of the  Company
    could  differ  materially from those indicated  by  the  forward-
    looking  statements  because of various risks  and  uncertainties
    including  without  limitation, changes in  product  demand,  the
    availability  of  vehicle chassis, adequate direct  labor  pools,
    changes  in  competition, interest rate fluctuations, development
    of new products, various inventory risks due to changes in market
    conditions,  changes  in  tax and other  governmental  rules  and
    regulations applicable to the Company, substantial dependence  on
    third   parties  for  product  quality,  reliability  and  timely
    fulfillment of orders and other risks indicated in the  Company's
    filings    with   the   Securities   and   Exchange   Commission.
    Additionally, the Company's recent acquisition of Mid  Bus,  Inc.
    involves  certain  risks  and  uncertainties  including   without
    limitation,  the Company's ability to operate Mid Bus  profitably
    and to retain Mid Bus' customers, suppliers and labor force.

    The Company does not assume the obligation to update any forward-
    looking statement.  One should carefully evaluate such statements
    in  light of factors described in the Company's filings with  the
    Securities and Exchange Commission, especially on Forms 10-K,
    10-Q and 8-K (if any).

    PART II - OTHER INFORMATION

    Item 1 - Legal Proceedings
        Not applicable

    Item 2 - Changes in Securities
        Not applicable

    Item 3 - Defaults on Senior Securities
        Not applicable

    Item 4 - Submission of Matters to a Vote of Security-Holders
        Not applicable

     Item 5 - Other Information
        Not applicable

    Item 6 - Exhibits and Reports on Form 8-K

       (a)     Exhibits:

               10.1 - Amendment No. 1. dated as of April 1, 1999,
               to the Amended and Restated Loan and Security
               Agreement dated as of July 31, 1998, by and
               between Collins Industries, Inc., and NationsBank,
               N.A.  (Incorporated herein by reference to exhibit
               10.1 to the Registrant's Report on Form 10-Q for the quarterly
               period ended April 30, 1999.)

               10.2 - Loan Agreement dated April 1, 1999, between
               Longview Industrial Corporation and Collins Industries, Inc.

               10.3 - 1999 Supplemental Lease dated June 1, 1999,
               by and between the City of South Hutchinson,
               Kansas and Collins Bus Corporation.  Original
               Lease dated August 1, 1984 and a November 15,
               1997, Amended and Restated Lease between the same
               parties.

               27.0 - EDGAR Financial Data Schedule

     (b)  Reports on Form 8-K:
               No reports on Form 8-K were filed during the
               quarter ended
               July 31, 1999.


                               SIGNATURE

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


                                      COLLINS INDUSTRIES, INC.
                                      (REGISTRANT)



    DATE: September 8, 1999           /s/ Larry W. Sayre
                                      LARRY W. SAYRE
                                      VICE PRESIDENT - FINANCE AND
                                      CHIEF FINANCIAL OFFICER
                                      (Principal Accounting Officer)