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, 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 June 30, 1996, Registrant had 121,308,864 shares of common stock, no par
value, outstanding.<PAGE>
                              INDEX
                                    ------
                                                                               
Page
                                                                               
Number
------

Part I.     Financial Information

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

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

                  Statement of Cash Flows, Three Months
                    Ended June 30, 1996 and 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                                         7

































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

                          BALANCE SHEET
                          June 30, 1996
                           (Unaudited)

Current Assets        
        Accounts receivable, net of allowance for
          doubtful accounts of $71,706                          $     80,856 
        Other                                                              -
                                                                ------------   
           Total Current Assets                                       80,856 

Furniture and equipment, net of accumulated
  depreciation of $228,732                                            184,293 
Allowance for idle equipment                                         (124,149)
Other assets                                                           13,915 
                                                                -------------  
                Total Assets                                    $     154,915 
                                                                =============

Current Liabilities
     Outstanding checks in excess of amounts
      reported by banks                                         $      30,189 
        Note payable, current portion                                  10,000 
        Accounts payable and accrued expenses                         121,127 

          Total Current Liabilities                                   161,316 

Note payable, net of current portion                                   77,385 
Other long-term debt                                                  117,844
                                                                ------------- 

  Total Liabilities                                                   356,545
                                                                ------------- 

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                                     5,228,335 
     Accumulated deficit                                           (6,152,096)
                                                                -------------
          Total Stockholders' (Deficit)                              (201,630)
                                                                -------------

Total Liabilities and Stockholders' (Deficit)                   $     154,915 
                                                                =============

The accompanying notes are an integral part of the financial statements.<PAGE>
  
           
                     TRAVIS INDUSTRIES, INC.
                    ------------------------

                     STATEMENT OF OPERATIONS

                For the Three Months Ended June 30
                           (Unaudited)

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

Sales                                 $     442,884           $     446,369 

Cost of goods sold (exclusive
     of depreciation shown
     separately below)                      322,890                 360,408 
                                      --------------          --------------
  Gross Profit                              119,994                  85,961 
                                      --------------          --------------

Operating Expenses
        Depreciation                          7,222                  13,869 
        Bad debts                               -                    17,926 
        Rent                                 29,216                  34,603 
        Salaries                             65,255                  63,695 
        Consulting fees, related
          party                               1,000                   8,025 
        Other operating expenses             45,787                  56,770 
          Total Operating Expenses          148,480                 194,888 

Net Operating (Loss)                        (28,486)               (108,927)

Other Income (Expenses) 
        Interest and miscellaneous
         income                               9,158                  1,186 
        Interest (expense)                      -                   (3,542)
         Total Other                          9,158                 (2,356)

Net (Loss)                            $     (19,328)              (111,283)

Net (Loss) per Share                  $         nil           $        nil 

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



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

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

                     STATEMENT OF CASH FLOWS

                For the Three Months Ended June 30
                           (Unaudited)

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

Cash Flows from Operating
 Activities:

        Net (loss)                    $     (19,328)          $    (111,283)
        Adjustments to reconcile net
         income (loss) to net cash 
         used in operating activities
          Depreciation                        7,222                  13,869 
          Increase (decrease) in 
          accounts payable, accrued
          expenses and other                (11,110)                137,368 
         (Increase) decrease in
          accounts receivable                23,216                 (10,954)
                                      --------------          --------------

        Net Cash Provided by Operating
         Activities                             -                    29,000 
                                      --------------          --------------

Cash Flows from Investing
 Activities                                     -                      - 
                                      --------------         ---------------

Cash Flows from Financing
 Activities                                     -                      - 
                                      --------------         ---------------

Increase in cash                                -                    29,000 

Cash, beginning of year                         -                    16,504 
                                      --------------        ----------------

Cash, end of year                     $         -           $        45,504 
                                      ==============        ================

Interest paid                         $         -           $         3,542 

Income taxes paid                     $         -           $           - 


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

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

                  NOTES TO FINANCIAL STATEMENTS
                    June 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.
<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 $442,884 and
$446,369 with cost of goods sold of approximately $322,890 and $360,408 during
the quarter ended June 30, 1996 and 1995 respectively, and incurred operating
expenses of approximately $148,480 and $194,888, respectively. 

The Company had liabilities in excess of assets at June 30, 1996 and 1995 of
$201,630 and $118,090, respectively.

At June 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