August 13, 2002



Mr. Jonathan G. Katz
Secretary
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549 0609


Dear Mr. Katz:

         Enclosed  please find the Quarterly Report of Avoca, Incorporated ("the
Company") on Form 10-QSB for the three month period ending June 30, 2002,  which
is being  submitted for filing with the Securities and Exchange  Commission (the
"Report").  The undersigned, in  the  capacities  and  as  of the date indicated
below,  hereby certifies,  pursuant to Section 906 of the  Sarbanes-Oxley Act of
2002, that:

         (1)      The Report fully complies with the requirements  of Section 13
(a) or 15(d) of the  Securities  Exchange Act of 1934; and

         (2)      The  information  contained  in the Report fairly presents, in
all  material respects, the financial condition and results of operations of the
Company.


Dated:  August 13, 2002                   By: /s/ Robert C. Baird, Jr.
                                              ----------------------------------
                                              Robert C. Baird, Jr.
                                              Chief Executive Officer and Chief
                                              Financial Officer

<PAGE>
                     U.S. SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 10-QSB

(Mark One)

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

For the quarterly  period ended June 30, 2002
                                ------------------------------------------------

[ ] TRANSITION  REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

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
--------------------------------------------------------------------------------
         (State or other jurisdiction of incorporation or organization)

                                   72-0590868
--------------------------------------------------------------------------------
                      (I.R.S. Employer 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

         APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
                        DURING THE PRECEDING FIVE YEARS

Check  whether  the  resgistrant  filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the  distrubution  of
securities under a plan confirmed by a court.

Yes        No
    ------    ------

                      APPLICABLE ONLY TO CORPORATE ISSUERS

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 23, 2002
                                             -----------------------------------

Transitional Small Business Disclosure Format (check one);  Yes        No    X
                                                                ------    ------



                                                                    Page 1 of 12
<PAGE>



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

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

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

                  Condensed Balance Sheet - June 30, 2002                      4

                  Condensed Statements of Income
                           Three Months Ended June 30, 2002
                           and 2001 and Six Months Ended
                           June 30, 2002 and 2001                              5

                  Condensed Statements of Cash Flows
                           Six Months Ended June 30, 2002
                           and 2001                                            6

                  Notes to Condensed Financial Statements                      7

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

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

                  Legal Proceedings                                           12

                  Other Information                                           12

                  Exhibits and Reports on Form 8-K                            12

                  Signature                                                   12


                                                                    Page 2 of 12
<PAGE>



                               AVOCA, INCORPORATED

                         PART I - FINANCIAL INFORMATION

                           Item 1 Financial Statements






                                                                    Page 3 of 12
<PAGE>
<TABLE>
<CAPTION>
                               Avoca, Incorporated

                       Condensed Balance Sheet (Unaudited)

                                  June 30, 2002

Assets
Current assets:
<S>                                                                                                     <C>
     Cash and cash equivalents                                                                          $  676,123
     Short-term investments                                                                              2,255,144
     Accounts receivable                                                                                   195,242
     Accrued interest receivable                                                                            10,356
     Prepaid expenses                                                                                       19,574
                                                                                                        ----------
Total current assets                                                                                     3,156,439

Property and equipment, less accumulated depreciation and depletion                                         83,360

Other assets:
     Long-term investments                                                                                 500,000
     Avoca Drainage Bonds, $415,000, in default -- at nominal amount                                             1
                                                                                                        ----------
                                                                                                        $3,739,800
                                                                                                        ==========
Liabilities and shareholders' equity
Current liabilities:
     Accounts payable and accrued expenses                                                              $    4,500
     Income taxes payable                                                                                   47,211
                                                                                                        ----------
Total current liabilities                                                                                   51,711

Deferred income taxes                                                                                       11,114

Shareholders' equity:
     Common stock, no par value -- authorized, issued and outstanding
          830,500 shares                                                                                    94,483
     Retained earnings                                                                                   3,582,492
                                                                                                        ----------
Total shareholders' equity                                                                               3,676,975
                                                                                                        ----------
                                                                                                        $3,739,800
                                                                                                        ==========

See accompanying notes
</TABLE>

                                                                    Page 4 of 12
<PAGE>
<TABLE>
<CAPTION>
                               Avoca, Incorporated

                   Condensed Statements of Income (Unaudited)


                                                            Three months ended                    Six months ended
                                                                  June 30                              June 30
                                                         2002               2001              2002               2001
                                                      ----------         ----------        ----------         ----------
Revenue:
<S>                                                   <C>                <C>               <C>                <C>
   Royalties                                          $  655,755         $1,255,705        $1,249,222         $2,906,918
   Less severance taxes                                    3,538             33,869            48,117             65,331
                                                      ----------         ----------        ----------         ----------
                                                         652,217          1,221,836         1,201,105          2,841,587

   Lease option payments                                       -            200,000                 -            200,000
   Lease bonuses                                          89,712                  -            89,712                  -
   Interest income                                        22,521             52,626            47,730             95,645
   Rental and miscellaneous income                        39,015             25,795            43,760             25,795
                                                      ----------         ----------        ----------         ----------
                                                         803,465          1,500,257         1,382,307          3,163,027

Expenses:
   Legal and accounting services                          13,831             12,660            24,697             28,778
   Consultant fees                                        12,750             12,550            45,600             40,513
   Geological and engineering fees                         4,362              1,450             7,656             16,927
   Insurance                                              10,278              6,840            19,703             13,680
   Miscellaneous expenses                                 13,195              9,302            43,590             40,345
                                                      ----------         ----------        ----------         ----------
                                                          54,416             42,802           141,246            140,243
                                                      ----------         ----------        ----------         ----------

Income before income taxes                               749,049          1,457,455         1,241,061          3,022,784

Income taxes                                             224,573            464,062           388,010            947,105
                                                      ----------         ----------        ----------         ----------

Net income                                            $  524,476         $  993,393        $  853,051         $2,075,679
                                                      ==========         ==========        ==========         ==========



Earnings per share                                    $     0.63         $     1.20        $     1.03         $     2.50
                                                      ==========         ==========        ==========         ==========
    (basic and diluted)





See accompanying notes
</TABLE>

                                                                    Page 5 of 12
<PAGE>
<TABLE>
<CAPTION>
                               Avoca, Incorporated

                 Condensed Statements of Cash Flows (Unaudited)


                                                                                                Six months ending
                                                                                                     June 30
                                                                                              2002                2001
                                                                                         ---------------------------------
Operating activities
<S>                                                                                        <C>                 <C>
Net income                                                                                 $ 853,051           $2,075,679
Adjustments to reconcile net income to net cash
  provided by (used in) operating activities:
     Depreciation expense                                                                      2,194                2,194
     Deferred taxes                                                                             (253)                (253)
     Changes in operating assets and liabilities:
         Operating assets                                                                     83,208             (259,387)
         Operating liabilities                                                                34,041              (19,303)
                                                                                          ----------           ----------
Net cash provided by operating activities                                                    972,241            1,798,930

Investing activities
     Purchase of investments                                                              (2,744,759)          (2,602,296)
     Maturity of investments                                                               3,693,265            2,584,803
     Purchase of equipment                                                                   (21,000)                  -
                                                                                          ----------           ----------
Net cash used in investing activities                                                        927,506              (17,493)

Financing activities
Dividends paid                                                                            (2,325,400)          (2,283,875)
                                                                                          -----------          -----------
Net cash used in financing activities                                                     (2,325,400)          (2,283,875)

Decrease in cash and cash equivalents                                                       (425,653)            (502,438)

Cash and cash equivalents at beginning of period                                           1,101,776              526,590
                                                                                          ----------           ----------

Cash and cash equivalents at end of period                                                $  676,123           $   24,152
                                                                                          ==========           ==========






See accompanying notes
</TABLE>

                                                                    Page 6 of 12

<PAGE>
                               Avoca, Incorporated

               Notes to Condensed Financial Statements (Unaudited)

                         Six months ended June 30, 2002



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, 2002 are not
necessarily  indicative  of the results  that may be expected for the year ended
December 31, 2002. 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,
2001.

         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 12
<PAGE>

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

         Avoca, Incorporated is a passive company, which owns lands under  which
hydrocarbons are located.  The hydrocarbons are developed in accordance with the
custom of the trade in the oil  and gas industry in Louisiana, which development
is conducted with risks and uncertainties usually associated with the production
and marketing of hydrocarbons.

         The unaudited  condensed  statements of income show that net income for
the second  quarter of 2002 as compared with the first quarter of 2001 decreased
from $993,393 to $524,476, or approximately 47%, mostly because of a substantial
decrease in royalty income and the absence of income from lease option payments.

         Revenues from royalties net of severance taxes declined from $1,221,836
to $652,217  because of a 41%  decrease  in the  average  sales price of gas and
declining  production from four of the five principal wells in which the Company
has a royalty interest.

         As  compared  with  the  second  quarter  of  2001, production from The
Meridian  Resources  &  Exploration  Company  Avoca  No.  47-1  well,  which has
accounted for approximately 63% of the Company's royalty income since it went on
production December 4, 2000, decreased by approximately 50%; production from The
Meridian C. M. Thibodaux No. 1 and No. 3 wells decreased by  approximately  14%;
and production from the Delta Operating Corporation (formerly Alliance Operating
Company)  Avoca No. 1 well  decreased by  approximately  24%. The  Company's net
revenue  interest  in the Avoca No.  47-1 well is 12.41%,  as  compared to a net
revenue  interest  of 2.71% in the C. M.  Thibodaux  No. 1 and No. 3 wells and a
19.46% net revenue interest in the Delta Operating Corporation Avoca No. 1 well.

         The decline  in royalty income would have been greater but for $194,609
in royalties received from a new well, the Meridian State Lease No. 16049, which
went on  production  February 8, 2002.  The well, in which the Company has a net
revenue interest of approximately 2.71%,  produces from an existing sand seen in
the C. M. Thibodaux No. 1 well and already

                                                                    Page 8 of 12
<PAGE>
unitized as the Operc 5 RA SUA Unit.  Like the C. M.  Thibodaux  No. 1 and No. 3
wells and the Avoca No. 47-1 well,  the new well is located in the Ramos  Field,
across  Bayou Chene just north of the eastern  end of Avoca  Island.  Production
from the four Meridian wells was  responsible  for 98% of the Company's  royalty
income for the second quarter of 2002.

         The importance of the Delta Avoca No. 1 well,  also in the Ramos Field,
has diminished in recent years. Royalty income from the well was $15,476 for the
second  quarter of 2002 as compared  to $21,957 for the second  quarter of 2001.
The well's  operator  has advised the  Company  that,  in an attempt to increase
production,  it recently injected a scale dissolver into the well's formation to
treat  scale  buildup in the tubing and is waiting to measure the success of the
treatment.

         Also  contributing  to the  decrease  in revenue was the lack of income
from lease option  payments as compared with $200,000  received from that source
in the second quarter of 2001. The decrease was partially offset by execution of
a new Meridian lease,  covering 256.32 acres on the eastern end of Avoca Island,
that generated  $89,712 in lease bonus income for the second quarter of 2002. No
income from that source was received in the second quarter of 2001.

         Interest  income  on  U.S.   Government  and  U.S.   Government  agency
securities declined $30,105 or approximately 57% because of lower interest rates
and a decrease in funds available for investment.

         Rental income  increased  $13,220  because of a new mooring lease and a
small CPI  adjustment of the annual  rental on the Company's  surface lease with
the Avoca Duck Club.

         As compared with the second quarter of 2001,  total expenses  increased
$11,614 or approximately 27%. Geological and engineering fees increased due to a
greater need for such

                                                                    Page 9 of 12

<PAGE>

services.  Insurance  expense  increased  primarily  because  of  changes in the
Company's  coverage.  Miscellaneous  expenses rose because of additional surface
maintenance costs.

         The change in income tax  expense for the three  months  ended June 30,
2002 is  attributable  to a decrease in taxable income for the second quarter of
2002 as compared to the second quarter of 2001.

         For the six  months  ended  June  30,  2002,  total  revenue  decreased
$1,780,720 or approximately 56%, primarily because of a substantial  decrease in
royalty income and the absence of income from lease option payments.

         For the six month period, royalties net of severance taxes  declined to
$1,640,482,  approximately 58% lower than the corresponding  period of 2001. The
decline is attributable not only to a 59% decrease in the average sales price of
gas, but also to reduced  production  from four of the five  principal  wells in
which the Company's has a royalty  interest.  Production from the Avoca No. 47-1
well,  the C. M.  Thibodaux  No.  1 and No.  3 wells  and the  Avoca  No. 1 well
declined 17%, 15% and 24%  respectively  for the six-month period ended June 30,
2002, as compared with the corresponding  period of 2001. The decline in royalty
income would have been greater but for $220,241 in royalties received from a new
Meridian well, the State Lease No. 16049.

         As previously  discussed,  the $200,000  decrease in revenue from lease
option payments was partially offset by $89,712 in lease bonus income.

         Interest  income  on  U.S.   Government  and  U.S.   Government  agency
securities  decreased  $47,915 or  approximately  50% because of lower  interest
rates and a decrease in funds available for investment.

                                                                   Page 10 of 12
<PAGE>
         Reductions  in the need  for  legal  services  (included  in legal  and
accounting  services) and in geological  and  engineering  services  resulted in
savings of  approximately  $13,000.  Consultant fees increased  because of added
compensation paid the Company's general manager. As previously noted,  insurance
expense increased  because of coverage changes and  miscellaneous  expenses rose
because of additional surface maintenance costs.

         The change in income tax  expense  resulted  from a decrease in taxable
income for the first six months of 2002 as compared to the like period of 2001.

         The  Company's  continued  liquidity  is  evidenced  by the  fact  that
approximately  92% of its assets,  as measured by book value,  are cash 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.

                                                                   Page 11 of 12
<PAGE>

                           Part II - OTHER INFORMATION

Item 1 - Legal Proceedings

         Litigation  between  the  Company  and the heirs of John  Singleton  is
discussed  under Item 1 of Part II of the  Company's  Form 10-QSB report for the
three month period ended March 31, 2002. There were no material  developments in
the litigation during the second quarter.

Item 5 - Other Information

         The Company has asserted  a  claim for damages  arising from blowout of
the  C. M. Thibodaux No. 2 well (precursor of the C. M. Thibodaux No. 3 well) in
June of 1999.  The outcome of the claim is uncertain.

Item 6 - Exhibits and Reports on Form 8-K

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

         None.

         (b)      Reports on Form 8-K

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

                                   SIGNATURES

                  In  accordance  with the requirements of the Exchange Act, the
registrant  caused  this  report to  be signed on its behalf by the undersigned,
thereunto duly authorized.

                                                    AVOCA, INCORPORATED
                                                        Registrant



August 13 , 2002                    /s/Robert C. Baird, Jr.
      ----                          --------------------------------------------
                                    Robert C. Baird, Jr.
                                    President and Principal Financial Officer


                                                                   Page 12 of 12