[LETTERHEAD OF MILLING BENSON WOODWARD L.L.P.]





                                 August 10, 2000


Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549-1004

Via Edgar Electronic Filing System

         Re:      File Number 0-9219
                  ------------------


Gentlemen:

         Pursuant to  regulations  of the  Securities  and Exchange  Commission,
submitted  herewith for filing on behalf of Avoca,  Incorporated (the "Company")
is the Company's Report on Form 10-QSB for the period ended June 30, 2000.

         This  filing  is  being   effected  by  direct   transmission   to  the
Commission's EDGAR System.

                                                  Sincerely,



                                                  /s/ Robert C. Baird, Jr.
                                                  ------------------------------
                                                  Robert C. Baird, Jr.
                                                  President and Principal
                                                    Financial Officer
                                                  (504) 599-3069
RCB/kj

Enclosures

<PAGE>
                     U.S. Securities and Exchange Commission

                             Washington, D.C. 20549

                                   FORM 10-QSB

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

For the quarterly period ended June 30, 2000
                               -------------------------------------------------

[ ]  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 0-9219
                       ---------------------------------------------------------

                               AVOCA, INCORPORATED
--------------------------------------------------------------------------------
       (Exact name of small business issuer as specified in its charter)

           Louisiana                                      72-0590868
-------------------------------                   ------------------------------
(State or other jurisdiction of                         (I.R.S. Employer
 incorporation or organization)                         Identification No.)

         228 St. Charles Avenue, Suite 838, New Orleans, Louisiana 70130
--------------------------------------------------------------------------------
                    (Address of principal executive offices)

                                 (504) 552-4720
                    -----------------------------------------
                           (Issuer's telephone number)

                    -----------------------------------------
                     (Former name, former address and former
                    fiscal year, if changed since last report)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 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
                                                             -----   -----

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 830,500 shares on July 31, 2000
                                           -------------------------------------

Transitional  Small Business  Disclosure Former (check one); Yes      No  X
                                                                -----   -----
An exhibit index is located at page 13 of this report.

                                                                    Page 1 of 13


<PAGE>



                               AVOCA, INCORPORATED
                               -------------------

                                    I N D E X
                                    ---------
                                                                        Page No.

Part I.           Financial Information (Unaudited)
                  ---------------------

                  Condensed Balance Sheet - June 30, 2000                      4

                  Condensed Statements of Income
                           Three Months Ended June 30, 2000
                           and 1999 and Six Months Ended
                           June 30, 2000 and 1999                              5

                  Condensed Statements of Cash Flows
                           Six Months Ended June 30, 2000
                           and 1999                                            6

                  Notes to Condensed Financial Statements                      7

                  Management's Discussion and Analysis or
                  Plan of Operation                                         8-11

Part II.          Other Information
                  -----------------

                  Legal Proceedings                                        11-12

                  Exhibits and Reports on Form 8-K                            12

                  Signature                                                   12



                                                                    Page 2 of 13


<PAGE>



                               AVOCA, INCORPORATED

                         PART I - FINANCIAL INFORMATION

                           Item 1 Financial Statements








                                                                    Page 3 of 13


<PAGE>
<TABLE>
<CAPTION>
                               Avoca, Incorporated

                       Condensed Balance Sheet (Unaudited)

                                  June 30, 2000

Assets
Current assets:
<S>                                                                                                     <C>
     Cash and cash equivalents                                                                          $   43,420
     Short-term investments                                                                              1,601,055
     Accounts receivable                                                                                   154,969
     Accrued interest receivable                                                                            41,181
     Prepaid expenses                                                                                       21,178
                                                                                                        ----------
Total current assets                                                                                     1,861,803

Property and equipment, less accumulated depreciation and depletion                                         71,138

Other assets:
     Long-term investments                                                                               1,049,727
     Avoca Drainage Bonds, $415,000, in default -- at nominal amount                                             1
                                                                                                                 -
                                                                                                        ----------
                                                                                                        $2,982,669
                                                                                                        ==========

Liabilities and shareholders' equity
Current liabilities:
     Accounts payable and accrued expenses                                                              $    3,000
     Income taxes payable                                                                                   39,630
                                                                                                        ----------
Total current liabilities                                                                                   42,630

Deferred income taxes                                                                                       12,128

Shareholders' equity:
     Common stock, no par value -- authorized, issued and outstanding
          830,500 shares                                                                                    94,483
     Retained earnings                                                                                   2,833,428
                                                                                                        ----------
Total shareholders' equity                                                                               2,927,911
                                                                                                        ----------
                                                                                                        $2,982,669
                                                                                                        ==========

See accompanying notes
</TABLE>

                                                                    Page 4 of 13
<PAGE>
<TABLE>
<CAPTION>

                               Avoca, Incorporated

                   Condensed Statements of Income (Unaudited)

                                                             Three months ended                    Six months ended
                                                                  June 30                              June 30
                                                          2000               1999              2000               1999
                                                       ---------          ---------         ---------           --------
Revenue:
<S>                                                    <C>                <C>               <C>                 <C>
   Royalties                                           $ 361,544          $  32,771         $ 678,143           $ 72,112
   Less severance taxes                                   14,189              1,459            30,417              3,692
                                                       ---------          ---------         ---------             -----
                                                         347,355             31,312           647,726             68,420

   Lease option payments                                       -             79,938                 -             79,938
   Delay rentals                                          81,345             81,345            81,345             81,345
   Interest income                                        36,470             31,299            71,177             63,107
   Rental income                                          25,298             23,583            25,308             23,583
                                                       ---------          ---------         ---------          ---------
                                                         490,468            247,477           825,556            316,393

Expenses:

   Legal and accounting services                          23,313              6,902            48,119             17,114
   Consultant fees                                        12,300             11,188            35,125             30,588
   Geological and engineering fees                         2,324              4,315            12,255              6,248
   Insurance                                               6,549              6,309            13,059             12,594
   Miscellaneous expenses                                  8,720              6,790            38,573             31,659
                                                       ---------          ---------         ---------          ---------
                                                          53,206             35,504           147,131             98,203
                                                       ---------          ---------         ---------          ---------

Income before income taxes                               437,262            211,973           678,425            218,190

Income taxes                                             137,053             67,704           210,657             69,528
                                                       ---------          ---------         ---------          ---------

Net income                                             $ 300,209          $ 144,269         $ 467,768          $ 148,662
                                                       =========          =========         =========          =========



Net income per share                                      $ 0.36             $ 0.17            $ 0.56             $ 0.18
                                                       =========          =========         =========          =========






See accompanying notes
</TABLE>

                                                                    Page 5 of 13
<PAGE>
<TABLE>
<CAPTION>
                               Avoca, Incorporated

                 Condensed Statements of Cash Flows (Unaudited)

                                                                                                  Six months ending
                                                                                                       June 30
                                                                                              2000                 1999
                                                                                         ------------------------------
Operating activities
<S>                                                                                        <C>                  <C>
Net income                                                                                 $ 467,768            $ 148,662
Adjustments to reconcile net income to net cash
  provided by (used in) operating activities:
     Depreciation expense                                                                      2,194                1,880
     Deferred taxes                                                                             (253)                (253)
     Changes in operating assets and liabilities:
         Operating assets                                                                    (59,174)                 376
         Operating liabilities                                                                25,715               17,533
                                                                                           ---------            ---------
Net cash provided by operating activities                                                    436,250              168,198

Investing activities

     Purchase of investments                                                                (648,416)            (903,453)
     Maturity of investments                                                                 199,938              729,427
     Purchase of equipment                                                                         -                 (625)
                                                                                           ---------            ---------
Net cash used in investing activities                                                       (448,478)            (174,651)

Financing activities
Dividends paid                                                                              (705,925)            (265,760)
                                                                                            ---------            ---------
Net cash used in financing activities                                                       (705,925)            (265,760)

Decrease in cash and cash equivalents                                                       (718,153)            (272,213)

Cash and cash equivalents at beginning of period                                             761,573              315,376
                                                                                           ---------            ---------

Cash and cash equivalents at end of period                                                 $  43,420            $  43,163
                                                                                           =========            =========






See accompanying notes
</TABLE>
                                                                    Page 6 of 13
<PAGE>
                               Avoca, Incorporated

               Notes to Condensed Financial Statements (Unaudited)

                         Six months ended June 30 , 2000

1.  Basis of Accounting

     The  accompanying   unaudited  condensed  financial  statements  have  been
prepared in accordance with generally accepted accounting principles for interim
financial  information and with the  instructions of Form 10-QSB and Item 310(b)
of Regulation S-B.  Accordingly,  they do not include all of the information and
footnotes  required by generally  accepted  accounting  principles  for complete
financial  statements.  In the opinion of  management,  all normal and recurring
adjustments and accruals considered  necessary for a fair presentation have been
included. Operating results for the six-month period ended June 30, 2000 are not
necessarily  indicative  of the results  that may be expected for the year ended
December 31, 2000. For further  information,  refer to the financial  statements
and footnotes  thereto  included in the Company's  annual  shareholders'  report
incorporated  by  reference  in the Form 10-KSB for the year ended  December 31,
1999.

     The Company considers its United States  Government  securities held with a
maturity of three months or less when purchased to be cash equivalents.


                                                                    Page 7 of 13
<PAGE>

Item 2 -          Management's Discussion and
                  Analysis or Plan of Operation

     The unaudited  condensed  statements of income show that net income for the
second  quarter of 2000 as compared  with the second  quarter of 1999  increased
from $144,269 to $300,209.

     Royalty income, net of severance taxes,  increased from $31,312 to $347,355
or  approximately  1,009%  primarily  because  of  royalties  received  from The
Meridian  Resources &  Exploration  Company on the C.M.  Thibodaux No. 1 & No. 3
wells in the Ramos  Field,  across  Bayou Chene just north of the eastern end of
Avoca  Island.  The No. 1 well was placed on  production  June 15, 1999 from the
Operc  5 sand,  went  off  production  June 25 due to the  blowout  of the  C.M.
Thibodaux No. 2 well and returned to production  August 24 after the  successful
plugging of the No. 2 well.  The No. 3 well (a  replacement  for the No. 2 well)
went on production  from the Operc B sand in early  November 1999. The Company's
net  revenue  interest  in both  wells,  which were  responsible  for 83% of the
Company's second quarter of fiscal 2000 royalty income, is approximately  2.87%.
The No. 1 well currently  produces at the approximate  rate of 5,600 Mcf of gas,
530 barrels of condensate and 26,300 gallons of natural gas liquids per day. The
No. 3 well currently  produces at the approximate rate of 15,300 Mcf of gas, 370
barrels of condensate and 17,000 gallons of natural gas liquids per day. On July
25, 2000,  Meridian  Resources  moved a rig on location to drill the Avoca #47-1
well, which will bottom hole in Section 47 on the northeast end of Avoca Island.
Meridian Resources advises that it still plans to spud an additional well before
the end of the year in Section 5 on the southwest part of the island.

     Burlington  Resources Oil & Gas Company's  Conrad  Industries No. 1 well in
the  Wyandotte  Field  opposite the northern  part of Avoca Island was placed on
production  April 29,  2000 and  generated  $37,109  in royalty  income,  net of
severance taxes, in the second quarter. The current

                                                                    Page 8 of 13

<PAGE>

average  daily  production  is 5,261 Mcf of gas and 109  barrels of  condensate.
According  to  the  operator,   Avoca's   participation  in  the  unit  will  be
approximately 28.72%.

     From the second quarter of 1997 until the fourth quarter of 1999, the Delta
Operating  Corporation  (formerly  Alliance Operating Company) Avoca No. 1 well,
also in the Ramos Field,  was  responsible  for  virtually  all of the Company's
royalty income. As compared with the second quarter of 1999, royalty income, net
of severance taxes, from the Avoca No. 1 well increased  slightly as a result of
a 47%  increase in the average  sales price of gas which  compensated  for a 31%
decline in gas production.  According to the well's operator,  an acid treatment
to the well's  producing  formation is scheduled after Meridian  Resources spuds
its above-mentioned Avoca #47-1 well.

     Interest income on U.S.  Government and U.S.  Government  agency securities
increased $5,171 or  approximately  17% because of the availability of increased
funds for investment and slightly higher interest rates.

     Rental income  increased  $1,715  because of a CPI adjustment of the annual
rental on the  Company's  surface  lease with the Avoca Duck Club in addition to
the granting of a new short-term surface lease.

     As  compared  with the second  quarter of 1999,  total  expenses  increased
$17,702 or  approximately  50%. Of the $16,411  increase in legal and accounting
services,  $15,461  is  attributable  to legal  fees  thus far  expended  in the
Singleton lawsuit  described under Part II, Item 1 of this report,  incorporated
herein by reference.  The Singleton  lawsuit is also  responsible for the $1,930
increase in miscellaneous expenses.  Consultant fees increased primarily because
of  additional  compensation  earned by the company's  general  manager and land
manager. Geological

                                                                    Page 9 of 13


<PAGE>

and  engineering  fees were reduced by $1,991  because of a decrease in the need
for such services during the second quarter of 2000.

     The change in income tax expense for the three  months  ended June 30, 2000
resulted  from an increase in taxable  income for the second  quarter of 2000 as
compared to the second quarter of 1999.

     Total  revenue  for the  six-month  period  ended June 30,  2000  increased
$509,163  or  approximately  161%.  The  increase  resulted  from a  substantial
increase in royalty  income and slight  increases in interest  income and rental
income, which more than offset the absence of income from lease option payments.

     Royalty income,  net of severance  taxes,  for the first six months of 2000
was $579,306 or approximately 847% higher than the corresponding period of 1999.
The primary reason for the increase is the new royalty income from the Thibodaux
No. 1 & No. 2 wells and the Conrad Industries #1 well previously discussed.

     Interest income on U. S. Government and U. S. Government  agency securities
increased $8,070 or  approximately  13% because of the availability of increased
funds for investment and slightly higher interest rates.

     Rental income for the six months ending June 30, 2000  increased  $1,725 or
approximately  7% as a result of the CPI adjustment  and new short-term  surface
lease discussed above.

     Expenses for the six-month period ended June 30, 2000 increased  $48,928 or
approximately  50%. Of the $31,005  increase in legal and  accounting  services,
$28,580 is attributable to legal fees connected to the above-mentioned Singleton
lawsuit and to unitization proceedings on the Burlington Conrad Industries No. 1
well. Consultant fees increased primarily because of additional

                                                                   Page 10 of 13
<PAGE>

compensation  earned by the  Company's  general  manager and its land manager on
Avoca Island.  Increased mineral activity,  including  unitization  proceedings,
resulted in a $6,007  increase in geological  and  engineering  fees. The $6,914
increase is  miscellaneous  expenses is primarily  attributable to the Singleton
lawsuit.

     The change in income tax  expense  for the six months  ended June 30,  2000
resulted from an increase in taxable  income for the first six months of 2000 as
compared to the like period of 1999.

     The   Company's   continued   liquidity  is  evidenced  by  the  fact  that
approximately  90% of its assets,  as measured by book value,  are cash and U.S.
Government and U.S. Government agency securities.

     In  addition  to interest  income and the  leasing of hunting  rights,  the
Company  customarily  derives  essentially all of its other income from bonuses,
delay  rentals and  royalties  under oil,  gas and  mineral  leases of its Avoca
Island acreage.  The Company's business is passive and all capital  requirements
for exploration,  development and production of the Company's  mineral resources
are funded by its lessees.


                           Part II - OTHER INFORMATION

Item 1 - Legal Proceedings

     As noted in the Company's  10-KSB report for 1999,  Avoca,  Incorporated on
December 29, 1999 filed in the 16th  Judicial  District  Court for the Parish of
St.  Mary  (Docket  No.  105195)  a  lawsuit  to evict a former  lessee,  Ernest
Singleton,  from a small  parcel of land  (less  than 10 acres)  located  in the
northeast part of Avoca Island.  The parcel is included in The Meridian Resource
&  Exploration,  Inc.'s  647.504 acre unit for the C.M.  Thibodaux  Nos. 1 and 3
wells.

                                                                   Page 11 of 13

<PAGE>

     The defendant,  individually  and on behalf of numerous other heirs of John
Singleton,  has filed a Reconventional  Demand and Petition in Nullity asserting
ownership  of the parcel  (and other  lands not  claimed by the  Company) on the
ground that a 1970 court  judgment which  recognized the Company's  title to the
disputed area is a nullity. The Company has responded with peremptory exceptions
of prescription and res judicata.

     On June 7, 2000, the court rendered judgment in favor of the Company on the
eviction  proceedings  and ordered  Ernest  Singleton to vacate the premises.  A
notice of appeal has been  filed,  and all other  issues in the  lawsuit  remain
unresolved.

Item 6 - Exhibits and Reports on Form 8-K

         (a)      Exhibits required by Item 601 of Regulation S-B:

         Exhibit 27 - Financial Data Schedule.

         (b)      Reports on Form 8-K

         Reports on Form 8-K: No reports  have been filed during the quarter for
         which this report is filed.

                                   SIGNATURES
                                   ----------

     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.

                                                AVOCA, INCORPORATED
                                                -------------------
                                                     Registrant


August 7, 2000                                  /s/ Robert C. Baird, Jr.
      ----                                      --------------------------------
                                                Robert C. Baird, Jr.
                                                President and Principal
                                                  Financial Officer

                                                                   Page 12 of 13


<PAGE>


                                  EXHIBIT INDEX

                                                                Sequentially
 Exhibit                                                          Numbered
 Number              Description                                    Page

     27              Financial Data Schedule



Page 13 of 13