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     September 30, 1996                                
                         ------------------                         
                              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.

                      [   ] Yes     [ X ] 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.

                      [   ] Yes     [ X ] No

              APPLICABLE ONLY TO CORPORATE ISSUERS:
        
As of September 30, 1996, Registrant had 121,308,864 shares of common stock,
no par value, outstanding.






















































                              INDEX

                                                                               
Page
                                                                               
Number
------

Part I.          Financial Information

        Item I.        Financial Statements
                                
                       Balance Sheet as of September 30, 1996              2

                       Statement of Operations, Three Months
                        Ended September 30, 1996 and 1995                  3

                       Statement of Operations, Six Months
                        Ended September 30, 1996 and 1995                  4

                       Statement of Cash Flows, Three Months
                        Ended September 30, 1996 and 1995                  5

                       Statement of Cash Flows, Six Months
                        Ended September 30, 1996 and 1995                  6
                        
                       Notes to Financial Statements                       7

        Item 2.        Management's Discussion and Analysis of 
                          Financial Conditions and Results of     
                          Operations                                       8

Part II.  Other Information                                                9





























                     TRAVIS INDUSTRIES, INC.
                           ------------------------

                          BALANCE SHEET
                        September 30, 1996
                           (Unaudited)

Current Assets        
        Accounts receivable, net of allowance for
          doubtful accounts of $71,706                     $     110,778
                                                           ------------- 
          Total Current Assets                                   110,778 

Furniture and equipment, net of accumulated
  depreciation of $235,953                                       177,521 
Allowance for idle equipment                                    (124,149)
Other assets                                                      15,406
                                                           ------------- 
  Total Assets                                             $     179,556 
                                                           =============

Current Liabilities
     Outstanding checks in excess of amounts
      reported by banks                                    $     32,627 
        Note payable, current portion                            10,000 
        Accounts payable and accrued expenses                   132,067 

          Total Current Liabilities                             174,694 

Note payable, net of current portion                             75,341 
Other long-term debt                                            111,047 

  Total Liabilities                                             361,082 

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; 
      121,308,864 shares issued and
      outstanding                                                12,131 
        Additional paid-in capital                            5,238,335 
        Accumulated deficit                                  (6,141,992)
          Total Stockholders' (Deficit)                        (181,526)

Total Liabilities and Stockholders' (Deficit)             $     179,556 


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





                     TRAVIS INDUSTRIES, INC.
                           ------------------------                           

                     STATEMENT OF OPERATIONS

             For the Three Months Ended September 30
                           (Unaudited)

                                           1996                    1995   
                                      --------------          --------------

Sales                                 $     425,968           $     401,167 

Cost of goods sold (exclusive
     of depreciation shown
     separately below)                      271,204                 323,911 
                                      --------------          --------------
  Gross Profit                              154,764                  77,256 
                                      --------------          --------------

Operating Expenses
        Depreciation                          7,222                  13,869 
        Bad debts                               -                    17,926 
        Rent                                 29,217                  34,603 
        Salaries                             58,331                  63,695 
        Consulting fees, related
         party                                3,691                   8,025 
        Other operating expenses             61,519                  56,771 
                                      --------------          --------------
         Total Operating Expenses           159,980                 194,889 
                                      --------------          --------------

Net Operating (Loss)                         (5,216)               (117,633)
                                      --------------          --------------
  
Other Income (Expenses) 
        Interest and miscellaneous
         income                              18,227                   1,186 
        Interest (expense)                   (2,907)                 (3,542)
         Total Other                         15,320                  (2,356)
                                      --------------          ---------------

Net Income                            $      10,104                (119,989)
                                      ==============          ===============

Net Income per Share                  $         nil           $         nil 
                                      ==============          ===============

Weighted Average Shares
 Outstanding                            121,308,864             111,507,864 
                                      ==============          ==============


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







                     TRAVIS INDUSTRIES, INC.
                           -----------------------

                     STATEMENT OF OPERATIONS

              For the Six Months Ended September 30
                           (Unaudited)

                                          1996                    1995   
                                     --------------          --------------
Sales                                $     868,852           $     847,537 

Cost of goods sold (exclusive
     of depreciation shown
     separately below)                     594,094                 684,320 
                                     --------------         ---------------
  Gross Profit                             274,758                 163,217 

Operating Expenses
        Depreciation                        14,444                 27,738 
        Bad debts                              -                   35,854 
        Rent                                58,433                 69,206 
        Salaries                           123,586                127,390 
        Consulting fees, related
         party                               4,691                 16,050 
        Other operating expenses           107,306                113,540 
                                      -------------           ------------
         Total Operating Expenses          308,460                389,778 
                                      -------------           ------------

Net Operating (Loss)                       (33,702)              (226,561)
                                      -------------           ------------
Other Income (Expenses) 
        Interest and miscellaneous
          income                            27,385                 2,372 
        Interest (expense)                  (2,907)               (7,084)
                                      -------------           ------------
         Total Other                        24,478                (4,712)
                                      -------------           ------------

Net (Loss)                            $     (9,224)             (231,273)
                                      =============           ============

Net (Loss) per Share                  $        nil            $      nil 
                                      =============           ============

Weighted Average Shares
 Outstanding                            121,308,864            111,507,864 

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











                     TRAVIS INDUSTRIES, INC.
                           ------------------------                        

                     STATEMENT OF CASH FLOWS

             For the Three Months Ended September 30
                           (Unaudited)

                                           1996                    1995   
                                      --------------          --------------

Cash Flows from Operating
 Activities:

        Net income (loss)             $     10,104            $    (119,989)
        Adjustments to reconcile net
         income (loss) to net cash 
         used in operating activities
          Depreciation                       7,222                   13,869 
          Increase in accounts payable,
           accrued expenses and other       12,596                   67,701 
          (Increase) in accounts
           receivable                      (29,922)                 (10,954)
                                      --------------          --------------

        Net Cash (Used in) Operating
         Activities                            -                    (49,373)
                                      --------------          --------------

Cash Flows from Investing
 Activities                                    -                        - 
                                      --------------          --------------
Cash Flows from Financing
 Activities:
     Proceeds from the issuance of
      common stock                             -                     11,500 
                                      --------------          --------------

        Net Cash Provided by Financing
         Activities                            -                     11,500 
                                      --------------          --------------

(Decrease) in cash                             -                    (37,873)

Cash, beginning of year                        -                     45,504 
                                      --------------          --------------   
                            
Cash, end of year                     $        -              $       7,631
                                      ==============          ============== 

Interest paid                         $        -              $       3,542 
                                      ==============          ==============
Income taxes paid                     $        -              $         - 
                                      ==============          ==============

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

                    TRAVIS INDUSTRIES, INC.

                     STATEMENT OF CASH FLOWS

              For the Six Months Ended September 30
                           (Unaudited)

                                           1996                    1995   
                                      --------------          --------------

Cash Flows from Operating
 Activities:
        Net (loss)                    $     (9,224)          $     (231,273)
        Adjustments to reconcile net
          income (loss) to net cash 
          used in operating activities
           Depreciation                     14,444                  27,738 
           Increase in accounts payable,
            accrued expenses and other       1,486                 205,070 
           (Increase) in accounts
            receivable                      (6,706)                (21,908)
                                      --------------          -------------    
                          
       Net Cash (Used in) Operating
         Activities                            -                   (20,373)
                                      --------------          -------------

Cash Flows from Investing
 Activities                                    -                       - 
                                      --------------          -------------
     
Cash Flows from Financing
 Activities:
     Proceeds from the issuance
      of common stock                          -                    11,500 
                                      --------------          -------------

     Net Cash Provided by Financing
      Activities                               -                    11,500 
                                      --------------          -------------

(Decrease) in cash                             -                   (8,873)

Cash, beginning of year                        -                   16,504 
                                      --------------          -------------    
                    
Cash, end of year                     $        -              $     7,631 
                                      ==============          =============

Interest paid                         $        -              $     7,084 
                                      ==============          =============

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


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

                   TRAVIS INDUSTRIES, INC.

                  NOTES TO FINANCIAL STATEMENTS
                  September 30, 1996 (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. 

                     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 $425,968 and
$401,167 with cost of goods sold of approximately $271,204 and $323,911 during
the quarter ended September 30, 1996 and 1995 respectively, and incurred
operating expenses of approximately $159,980 and $194,889, respectively. 

The Company had liabilities in excess of assets at September 30, 1996 and 1995
of $181,526 and $226,580, respectively.

At September 30, 1996, the Company had no material commitments for capital
expenditures.<PAGE>
                    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