FORM 10-QSB - Quarterly Report Under Section 13 or 15(d)
                  of the Securities Exchange Act of 1934

                               UNITED STATES
                    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 period ended           June 30, 1997                           
                              or
[   ] Transition Report Pursuance to Section 13 or 15(d) of the Securities
Exchange act of 1934.
For the transition period from                   to                        

Commission File Number             33-16820-D                              

                       TRAVIS INDUSTRIES, INC.                             
          (Exact name of registrant as specified in its charter)

                Colorado                          84-1063149                 
     (State or other jurisdiction of           (I.R.S. Employer
      incorporation or organization            Identification No.)

  3415 W. Broadway,  Council Bluffs, IA                  51501               
     (Address of principal executive offices)          (Zip Code)

                            (712) 328-3040                                 
           (Registrant's telephone number, including area code)

                                     None                                  
(Former name, former address and former fiscal year, if changed
                            since last report.)

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.

                                 [ X  ] Yes   [  ] No
 
       APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
                     DURING THE PRECEDING FIVE YEARS:

     Indicated by check mark whether the registrant has filed all documents
and reports required to be filed by Sections 12, 13 or 15(d) of the
Securities Exchange Act of 1934 subsequent to the distribution of
securities under a plan confirmed by a court.

                                 [ X ] Yes   [   ] No

                   APPLICABLE ONLY TO CORPORATE ISSUERS:
     
As of June 30, 1997, Registrant had 127,808,864 shares of common stock, no
par value, outstanding.                     

                      				          INDEX

                                                               Page
                                                              Number

Part I.   Financial Information

     Item I.   Financial Statements
                    
               Balance Sheet as of June 30, 1997                2

               Statements of Operations, Three Months
                 Ended June 30, 1997 and 1996                   3

               Statements of Cash Flows, Three Months
                 Ended June 30, 1997 and 1996                   4

               Notes to Financial Statements                    5

     Item 2.   Management's Discussion and Analysis of 
                 Financial Conditions and Results of 
                 Operations                                     6

Part II.  Other Information                                     7
<PAGE>
<TABLE>
<CAPTION>
                      TRAVIS INDUSTRIES, INC.

                          BALANCE SHEET
                          June 30, 1997
                           (Unaudited)
<S>                                                <C>
Current Assets                                                             
    Accounts receivable, net of allowance for
      doubtful accounts of $117,999                $           43,777 
                                        								   __________________
      Total Current Assets                                     43,777 

Furniture and equipment, net of accumulated
  depreciation of $257,619                                     28,705 
Other assets                                                   11,528 
                                       								    __________________
  Total Assets                                     $           84,010 
                                       								    __________________

Current Liabilities
    Outstanding checks in excess of amounts
     reported by banks                             $             6,913 
    Note payable                                                72,114 
    Advances from related party                                 32,850 
    Accounts payable and accrued expenses                      301,553 
                                        								    __________________
      Total Current Liabilities                                413,430 
                                        								    __________________
  Total Liabilities                                            413,430 
                                                    __________________
Commitments and contingencies (Notes 2)                              - 

Stockholders' Equity:
    Redeemable preferred stock - $.0001 par
     value 100,000,000 shares authorized:
     Series A, none issued and outstanding                           - 
     Series B, 28,400,000 shares issued and
     outstanding, (liquidation amount of
     $710,000)                                                 710,000 
    Common stock - $.0001 par value,
     500,000,000 shares authorized;  
     127,808,864 shares issued and
     outstanding                                                 12,781 
    Additional paid-in capital                                5,390,185 
    Accumulated deficit                                      (6,442,386)
                                                   ____________________
      Total Stockholders' (Deficit)                            (329,420)
                                                    ___________________
Total Liabilities and Stockholders' (Deficit)      $             84,010 
                                                   ____________________
</TABLE>
The accompanying notes are an integral part of the financial statements.
<PAGE>
<TABLE>
<CAPTION>

                     TRAVIS INDUSTRIES, INC.

                     STATEMENTS OF OPERATIONS

               For the Three Months Ended June 30
                           (Unaudited)
                                         
                                                 1997             1996    
<S>                           						    <C>		             <C>
Sales                                   $      601,585    $     442,884 

Cost of goods sold (exclusive of
    depreciation shown separately
    below)                                     455,222          322,890
                              						     _____________     ____________
  Gross Profit                                 146,363          119,994 
                              						     _____________     ____________
Operating Expenses
    Depreciation                                 7,222            7,222 
    Bad debts                                   12,440                - 
    Rent                                        21,500           29,216 
    Salaries                                    51,004           65,255 
    Other operating expenses                    56,917            6,787 
                              						     _____________     ____________
     Total Operating Expenses                  149,083           48,480 
                              						     _____________     ____________
Net Operating (Loss)                            (2,720)         (28,486)

Other Income (Expenses) 
    Interest and miscellaneous
     income                                      2,791            9,158 
    Interest (expense)                          (5,303)               - 
                               						     _____________     ____________
     Total Other                                (2,512)           9,158 
                              						     _____________     _____________
Net (Loss)                               $      (5,232)   $     (19,328)
                              						     _____________     ____________
Net (Loss) per Share                     $         nil    $         nil 
                              						     _____________     ____________
Weighted Average Shares Outstanding        127,808,864       121,308,864 
                              						     _____________     ____________



The accompanying notes are an integral part of the financial statements.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                     TRAVIS INDUSTRIES, INC.
                                
                    STATEMENTS OF CASH FLOWS
                                
               For the Three Months Ended June 30
                           (Unaudited)

                                         
                                                  1997           1996    
<S>                                      <C>              <C>
Cash Flows from Operating Activities:
    Net (loss)                           $	     (5,232)   $	   (19,328)
    Adjustments to reconcile net
     income (loss) to net cash used
     in operating activities
        Depreciation                             7,222           7,222 
        (Decrease) in accounts payable,
         accrued expenses and other             (3,891)        (11,110)
        Decrease in accounts 
         receivable                             11,735          23,216 
                             						      _____________    ____________
    Net Cash Provided by Operating
     Activities                                   9,834              - 
                              						      _____________    ____________
Cash Flows from Investing Activities                  -              - 
                              						      _____________    ____________
Cash Flows from Financing Activities:
    Repayment of Note Payable and
     Advances                                    (9,834)              - 
                              						      _____________    ____________
    Net Cash (Used by) Financing
     Activities                                  (9,834)              - 
                              						      _____________    ____________
Increase in cash                                      -               - 

Cash, beginning of period                             -               - 
                              						      _____________    ____________
Cash, end of period                      $            -    $          - 
                              						      _____________    ____________
Interest paid                            $            -    $          - 
                              						      _____________    ____________
Income taxes paid                        $            -    $          - 
                                          _____________    ____________



   The accompanying notes are an integral part of the financial statements.
</TABLE>
<PAGE>

                     TRAVIS INDUSTRIES, INC.

                  NOTES TO FINANCIAL STATEMENTS
                    June 30, 1997 (Unaudited)


(1) Condensed Financial Statements

    The financial statements included herein have been prepared
    by Travis Industries, Inc. without audit, pursuant to the
    rules and regulations of the Securities and Exchange
    Commission.  Certain information and footnote disclosures
    normally included in the financial statements prepared in
    accordance with generally accepted accounting principles
    have been condensed or omitted as allowed by such rules and
    regulations, and management believes that the disclosures
    are adequate to make the information presented not
    misleading.

    The management of Travis Industries, Inc. believes that the
    accompanying unaudited condensed financial statements
    contain all adjustments (including normal recurring
    adjustments) necessary to present fairly the operations and
    cash flows for the periods presented.

(2) Basis of Presentation - Going Concern

    The accompanying financial statements have been prepared in
    conformity with generally accepted accounting principles,
    which contemplates continuation of the Company as a going
    concern.  However, the Company has sustained recurring
    operating losses, has a net capital deficiency, and is
    delinquent on payment of payroll taxes and creditor
    liabilities pursuant to the plan of reorganization. 
    Management is attempting to raise additional capital and
    looking for a business combination.

    In view of theses matters, realization of certain of the
    assets in the accompanying balance sheet is dependent upon 
    continued operations of the Company, which in turn is
    dependent upon the Company's ability to meet its financing
    requirements, raise additional capital, and the success of
    its future operations.  Management believes that actions
    planned and presently being taken to revise the Company's
    operating and financial requirements provide the opportunity
    for the Company to continue as a going concern.

(3) Subsequent Events

    Subsequent to June 30, 1997 the Company issued approximately
    20,346,380 shares of the Company's common stock to related
    parties for debt forgiveness and certain printing equipment.
<PAGE>
                              ITEM 2

        MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
               CONDITION AND RESULTS OF OPERATIONS


Travis Industries, Inc. (the "Company") was organized as a
Colorado corporation on June 21, 1987.  The Company is in the
business of printing advertising materials and coupons and
mailing them to its customers.  During 1995, the Company filed a
plan of reorganization which was approved by the United States
Bankruptcy Court.

The Company generated operating revenues of approximately
$601,585 and $442,884 with cost of goods sold of approximately
$455,222 and $322,890 during the quarter ended June 30, 1997 and
1996 respectively, and incurred operating expenses of
approximately $149,083 and $148,480, respectively.  The Company
had a net loss of $5,232 during the quarter ended June 30, 1997
as compared to a net loss of $19,328 during the quarter ended
June 30, 1996.

The Company had liabilities in excess of assets at June 30, 1997
of $329,420.

At June 30, 1997, the Company had no material commitments for
capital expenditures.                    

                    			PART II. OTHER INFORMATION



Item 1.  Legal Proceedings

         None.

Item 2.  Changes in Securities

         None.

Item 3.  Defaults upon Senior Securities

         None.

Item 4.  Submission of Matters to a Vote of Security Holders

         None.

Item 5.  Other Information

         None.

Item 6.  Exhibits and Reports on Form 8-K

         None.
	                            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.



                             Travis Industries, Inc.



Date:  MARCH 31, 1998       By: JEFFREY R. SKINNER, CFO