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  December 31,  1995                             
                               ------------------------   
                                    
[  ] 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)

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:

Indicate 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 December 31, 1995 Registrant had 120,208,864 shares of common stock,
$0.0001 par value, outstanding.

Transitional Small Business Disclosure Format (check one):

                     [   ] Yes      [ X ] No

                              INDEX


                                                                 Page
                                                                Number
                                                               --------
     
Part I.        Financial Information

     Item I.      Financial Statements
                        
                       Balance Sheet as of December 31, 1995      2
     
                  Statements of Operations, Three and Nine
                         Months Ended December 31, 1995           3
     
                  Statements of Cash Flows, Three and Nine 
                         Months Ended December 31, 1995           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                                  

Current Assets            
      Cash                                                 $      11,589 
      Accounts receivable, net of allowance for
        doubtful accounts of $53,779                              85,026 
      Other                                                        2,494 
                                                           --------------
        Total Current Assets                                      99,109 

Furniture and equipment, net of accumulated
  depreciation of $207,641                                        81,236 
Other assets                                                      11,527 
                                                           --------------
  Total Assets                                             $     191,872 
                                                           ==============

Current Liabilities
      Note payable, current portion                        $      16,824 
      Accounts payable and accrued expenses                      191,753 
                                                           --------------
        Total Current Liabilities                                208,577 

Note payable, net of current portion                              81,456 
                                                           --------------

  Total Liabilities                                              290,033 
                                                           --------------

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; 
       120,208,864 shares issued and outstanding                  12,021 
      Additional paid-in capital                               5,200,945 
      Accumulated deficit                                     (6,021,127)
                                                             ------------
        Total Stockholders' (Deficit)                            (98,161)
                                                             ------------

Total Liabilities and Stockholders' (Deficit)                $   191,872 
                                                             ============




















The accompanying notes are an integral part of the financial statements.



























                     TRAVIS INDUSTRIES, INC.
                     ------------------------
                     STATEMENT OF OPERATIONS
                           (Unaudited)

                                            Three Months       Nine Months 
                                                Ended            Ended    
                                             December 31       December 31 
                                               1995               1995 
                                          -----------------   ---------------
Sales                                     $         591,392    $  1,438,929 
     
Cost of goods sold (exclusive of
    depreciation shown separately below)            477,503       1,161,823 
                                          -----------------   ---------------
  Gross Profit                                      113,889         277,106 
                                          -----------------   --------------
Operating Expenses
      Depreciation                                   13,869          41,607 
      Bad debts                                      17,926          53,781 
      Rent                                           34,603         103,809 
      Salaries                                       63,695         191,085 
      Consulting fees, related party                  8,025          24,075 
      Other operating expenses                       56,771         170,310 
                                          ------------------  ----------------
       Total Operating Expenses                     194,889         584,667 
                                          ------------------  --------------
Net Operating (Loss)                                (81,000)       (307,561)
                                          ------------------  --------------
Other Income (Expenses) 
      Interest and miscellaneous
       income                                         1,186           3,558 
      Interest (expense)                             (3,542)        (10,626)
                                          ------------------  ---------------
       Total Other                                   (2,356)         (7,068)
                                          ------------------  ---------------
Net (Loss)                                $         (83,356)  $    (314,629)
                                          ================== ================
Net (Loss) per Share                      $            nil    $       nil 
                                          ================== ================

Weighted Average Shares Outstanding             115,973,364     115,743,364 
                                          ================== ================

     
     












The accompanying notes are an integral part of the financial statements.

                     TRAVIS INDUSTRIES, INC.
                   ----------------------------
                     STATEMENT OF CASH FLOWS
                           (Unaudited)

                                     Three Months       Nine Months 
                                         Ended             Ended
                                      December 31       December 31 
                                         1995               1995 
                                   ---------------   ----------------
Cash Flows from Operating Activities:
      Net income (loss)            $      (83,356)   $      (314,629)
      Adjustments to reconcile net
       income (loss) to net cash used
       in operating activities
          Depreciation                     13,869             41,607 
          Increase in accounts payable,
           accrued expenses and other    (119,285)           101,968 
          (Increase) in accounts
           receivable                     (19,045)           (57,136)
                                  -----------------   ----------------

      Net Cash Provided by Operating
       Activities                        (207,817)          (228,190)
                                  -----------------   ----------------

Cash Flows from Investing Activities            -             - 
      
Cash Flows from Financing Activities:
      Proceeds from the issuance of
       common stock                       211,775            223,275 
                                  -----------------   ----------------

      Net Cash Provided by Financing
       Activities                         211,775            223,275 
                                  -----------------   ----------------

Increase (decrease) in cash                 3,958             (4,915)

Cash, beginning of period                   7,631             16,504 
                                  -----------------   ----------------
Cash, end of period               $        11,589     $       11,589 
                                  =================   ================

Interest paid                     $         3,542     $       10,626 
                                  =================   ================

Income taxes paid                 $             -     $          - 
                                  =================   ================
     
     


     The accompanying notes are an integral part of the financial statements.
<PAGE>
                     TRAVIS INDUSTRIES, INC.
                    -------------------------
                  NOTES TO FINANCIAL STATEMENTS
                  December 31, 1995 (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.
     
<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 $591,392 and
$1,438,929 during the three and nine month periods ended December 31, 1995,
respectively, and incurred operating expense and cost of goods sold of
approximately $672,392 and $1,746,490 during the three and nine month periods
ended December 31, 1995, respectively. 

The Company had liabilities in excess of assets at December 31, 1995 of
$98,161. 

At December 31, 1995, 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  JANUARY 14, 1997        By   STEPHEN E. CAYOU 
          --------------------       --------------------
                                       Stephen E. Cayou, President, 
                                      Chief Executive Officer, and Director


     Date  JANUARY 14, 1997        By:  JEFFREY R. SKINNER   
          --------------------        ----------------------
                                        Jeffrey R. Skinner, Chief Financial    
                                        Officer Secretary, Treasurer and       
                                        Director