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           December 31, 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 December 31, 1997, Registrant had 127,808,864 shares of common stock, 
no par value, outstanding.
<PAGE>
	                                   INDEX
  
    	                                                          Page
                                                               Number

Part I.  	Financial Information

Item I.	Financial Statements

Balance Sheet as of December 31, 1997                             2

Statements of Operations, Three Months
  Ended December 31, 1997 and 1996                                3

Statements of Operations, Nine Months
  Ended December 31, 1997 and 1996	                               4

Statements of Cash Flows, Three Months
  Ended December 31, 1997 and 1996                                5

Statements of Cash Flows, Nine Months
  Ended December 31, 1997 and 1996                                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
<PAGE>
<TABLE>
<CAPTION>

                       TRAVIS INDUSTRIES, INC.

                           BALANCE SHEET
                         December 31, 1997
                             (Unaudited)
<S>                                                        <C>
Current Assets		 
Accounts receivable, net of allowance for
  doubtful accounts of $110,000                            $     25,991 
                                                           ____________
  Total Current Assets                                           25,991

Furniture and equipment, net of accumulated
  depreciation of $272,063                                       14,262 
Other assets                                                     11,528 
                                                           ____________
  Total Assets                                              $    51,781 


Current Liabilities
Outstanding checks in excess of amounts
 reported by banks                                          $       369 
Advances from related party                                     179,894 
Accounts payable and accrued expenses                           316,659 
                                                           ____________
  Total Current Liabilities                                     496,922 
                                                           ____________
  Total Liabilities                                             496,922 

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                                          (6,558,107)
                                                           ______________
  Total Stockholders' (Deficit)                                (445,141)
                                                            _____________
Total Liabilities and Stockholders' (Deficit)              $     51,781 

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

	                    TRAVIS INDUSTRIES, INC.

                         STATEMENTS OF OPERATIONS

                    For the Three Months Ended December 31
                               (Unaudited)
 		
                                               1997             1996    
<S>                                      <C>               <C>
Sales                                    $     595,010     $   421,036 

Cost of goods sold (exclusive of
depreciation shown separately
below)                                         514,025         295,649 
                                         _____________     ___________
  Gross Profit                                  80,985         125,387 
                                         _____________     ___________
Operating Expenses
Depreciation                                     7,222           7,222 
Rent                                            21,500          29,215 
Salaries                                        65,801          50,747 
Other operating expenses                        53,124          58,709 
                                         _____________      __________
 Total Operating Expenses         		           147,647         145,893 
                        						           _____________      __________
Net Operating (Loss)                           (66,662)        (20,506)
                              						     _____________	      __________

Other Income (Expenses) 
Interest and miscellaneous
 income                                               -           (655)
Interest (expense)                               (3,814)          (172)
                                   						 ______________   	___________
 Total Other                                     (3,814)          (827)
                               						     _____________      ___________
Net (Loss)                               $      (70,476)  $    (21,333)
                              						     ______________	     ___________
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 OPERATIONS

               			For the Nine Months Ended December 31
                         					(Unaudited)
 		
                          						    		   1997    		      1996    
<S>                              <C>                 <C>
Sales						                      $     1,702,781 	$   1,289,888 

Cost of goods sold (exclusive of
     depreciation shown separately
     below)                            1,386,872 		     889,743
                          							_______________	   ___________ 
  Gross Profit	                          315,909 	     	400,145 
                          							_______________	   ___________
Operating Expenses
     Depreciation						                   21,666  		      21,666 
     Rent								                         64,500 		       87,648 
     Salaries							                     162,584     	  	174,333 
     Other operating expenses				        177,822 		      170,706 
					               		           _______________	     __________
      Total Operating Expenses		     		  426,572 	      	454,353 
                          							_______________	     __________
Net Operating (Loss)				              	 (110,663)	      	(54,208)
							                          _______________	     __________
Other Income (Expenses) 
     Interest and miscellaneous
       income		 					                      3,019           26,730 
     Interest (expense)					             (13,308)		        (3,079)
                          							_______________	      __________
      Total Other			                 			 (10,289)	       	 23,651 
                          							_______________	      __________
Net (Loss)	                      $						(120,952)	    $	  (30,557)
                          							_______________	      __________
Net (Loss) per Share 					       $           	nil 	   $       nil 
                           							_______________	     __________
Weighted Average Shares Outstanding   127,808,864 	   121,308,864 
</TABLE>


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

                         				TRAVIS INDUSTRIES, INC.

                        				STATEMENTS OF CASH FLOWS

                   			For the Three Months Ended December 31
                              					(Unaudited)


                                   			  					  1997              		 1996    
<S>                                     <C>                 <C>
Cash Flows from Operating Activities:
	Net (loss)				                         $		   (70,476)     	$     	(21,333)
	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	          	 (3,645)	            	(11,064)
    		Decrease in accounts 
	       receivable					                         14,969 	            	 25,175 
                                  							_____________	           __________
	Net Cash (Used by) Operating
 	 Activities					                            	(51,930)	                 		- 
                                  							_____________	           __________
Cash Flows from Investing Activities		              	-                  			- 
                                  			 			_____________	           __________
Cash Flows from Financing Activities:
	Advances from related party			                  51,930 		                 	- 
                                   							_____________	          __________
Net Cash Provided by Financing
 Activities							                               51,930 		                	- 
                                   							_____________	           __________
Increase in cash						                               	- 		                 	- 
                                   							_____________	           __________
Cash, beginning of period				                        	-                  			- 
                                   							_____________	           __________
Cash, end of period			                   	$	         	- 	          $      		- 
                                   							_____________	           __________
Interest paid				                        	$       	  	- 	          $      172 
 						                                  	_____________	            __________
Income taxes paid				                     $         		-            $	      	- 
                                   							_____________	            __________



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

</TABLE>
<TABLE>
<CAPTION>

                       				TRAVIS INDUSTRIES, INC.

                   			     STATEMENTS OF CASH FLOWS

                   			For the Nine Months Ended December 31
                                					(Unaudited)


                                       								1997              		1996    
<S>
Cash Flows from Operating Activities:     <C>               <C> 
	     Net (loss)				    	                 $     (120,952)  	$    (30,557)
     	Adjustments to reconcile net
 	     income (loss) to net cash used
 	     in operating activities
    		    Depreciation			                         21,666        		21,666 
    		    Increase (decrease) in accounts
     		    payable, accrued expenses and
    		     other				                              18,305 	       	(9,578)
    		    Decrease in accounts 
     		    receivable				                          6,051        		18,469 
							                                      ___________		   ____________
	      Net Cash (Used by) Operating
 	       Activities				                          (74,930)		             - 
                                      							___________		   ____________
Cash Flows from Investing Activities             		    - 	        	     - 
                                     							_ __________    		____________
Cash Flows from Financing Activities:
    	Repayment of Notes Payable		                (72,114)		              - 
    	Advances from related party		               147,044 		              - 
                                      							___________	    	 ____________
	    Net Cash Provided by Financing
 	    Activities				                              74,930           		     - 		
                                         				___________	     	____________
Increase in cash			                      			           -		 	              - 
                                      							___________		     ____________
Cash, beginning of period				                          -			               - 
                                      							___________		     ____________
Cash, end of period				                     $          -      	$          - 
					                                      		___________	     	____________
Interest paid					                          $     	    -      	$	     3,079 
                                      							___________		     ____________
Income taxes paid				                      	$	         -      	$	         - 
                                      							___________		     ____________



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

                			   NOTES TO FINANCIAL STATEMENTS
                   				December 31, 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 December 31, 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.

                                					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 $595,010 
and $421,036 with cost of goods sold of approximately $514,025 and 
$295,649 during the quarter ended December 31, 1997 and 1996 
respectively, and incurred operating expenses of approximately 
$147,647 and $145,893, respectively.  The Company had a net loss of 
$70,476 during the quarter ended December 31, 1997 as compared to 
a net loss of $21,333 during the quarter ended December 31, 1996.

The Company generated operating revenues of approximately 
$1,702,781 and $1,289,881 with cost of goods sold of approximately 
$1,386,872 and $889,743 during the nine months ended December 31, 
1997 and 1996 respectively, and incurred operating expenses of 
approximately $426,572 and $454,353, respectively.  The Company had 
a net loss of $120,952 during the nine month period ended December 
31, 1997 as compared to a net loss of $30,557 during the nine month 
period ended December 31, 1997.

The Company had liabilities in excess of assets at December 31, 
1997 of $445,141.

At December 31, 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, Director