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, 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 September 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 September 30, 1997            2

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

               Statements of Operations, Six Months
                 Ended September 30, 1997 and 1996               4

               Statements of Cash Flows, Three Months
                 Ended September 30, 1997 and 1996               5

               Statements of Cash Flows, Six Months
                 Ended September 30, 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
                        September 30, 1997
                           (Unaudited)
<S>								                                                 <C>
Current Assets                                                             
    Accounts receivable, net of allowance for
      doubtful accounts of $125,999                       		$       40,959 
                                                  										______________
      Total Current Assets                                          40,959 

Furniture and equipment, net of accumulated
  depreciation of $264,841                                          21,484 
Other assets                                                        11,528 
                                                  										______________
  Total Assets                                             	$       73,971 


Current Liabilities
    Outstanding checks in excess of amounts
     reported by banks                                    		$       12,810 
    Advances from related party                                    127,964 
    Accounts payable and accrued expenses                          307,862 
                                                  										______________
      Total Current Liabilities                                    448,636 
 									                                                 	______________
  Total Liabilities                                                448,636 
                                                  										______________
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                                         (6,487,631)										______________
                                                  										______________
      Total Stockholders' (Deficit)                               (374,665)
                                                  										______________
Total Liabilities and Stockholders' (Deficit)           $            73,971 

The accompanying notes are an integral part of the financials statements.                     TRAVIS INDUSTRIES, INC.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                     STATEMENTS OF OPERATIONS

            For the Three Months Ended September 30
                           (Unaudited)
                                         
                                                 1997              1996    
<S>                                          <C>               <C>
Sales                                         $   	  506,186    $     425,968 

Cost of goods sold (exclusive of
    depreciation shown separately
    below)                                           417,625          271,204 
                                					         		_____________     ____________
  Gross Profit                                        88,561          154,764 
                                         							_____________    	____________

Operating Expenses
    Depreciation                                       7,222            7,222 
    Bad debts                                          8,000                - 
    Rent                                              21,500           29,217 
    Salaries                                          45,779           58,331 
    Other operating expenses                          47,341           65,210 
                                        							_____________	    ____________
     Total Operating Expenses                        129,842          159,980 
                                        							_____________	    ____________
Net Operating (Loss)                                (41,281)          (5,216)

Other Income (Expenses) 
    Interest and miscellaneous
     income                                            741           18,227 
    Interest (expense)                              (4,704)          (2,907)
                                       							_____________	   ____________
     Total Other                                    (3,963)          15,320 
						                                       	_____________	   ____________
Net (Loss)                                   $      (45,244)   $      10,104 
						                                      	 _____________	   ____________
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 Six Months Ended September 30
                           (Unaudited)
                                         
                                                  1997               1996    
<S>					   	                                  <C>             <C>
Sales                                         $	1,107,771     $ 	  868,852 

Cost of goods sold (exclusive of
    depreciation shown separately
    below)                                        872,847           594,094 
                              						          ___________	     ____________
  Gross Profit                                    234,924           274,758 

Operating Expenses
    Depreciation                                   14,444            14,444 
    Bad debts                                      20,440                 - 
    Rent                                           43,000            58,433 
    Salaries                                       96,783           123,586 
    Other operating expenses                      104,258           111,997
                              						        _____________	     ____________
     Total Operating Expenses                     278,925           308,460 
                              						        _____________	     ____________
Net Operating (Loss)                              (44,001)          (33,702)

Other Income (Expenses) 
    Interest and miscellaneous
     income                                         3,532            27,385 
    Interest (expense)                            (10,007)           (2,907)
                              						      _______________	     ____________
     Total Other                                   (6,475)           24,478 
                              						      _______________	     ____________
Net (Loss)                               $        (50,476)	$        (9,224)
                              						      _______________	     ____________
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 September 30
                       	    (Unaudited)

                                         
                                                    1997            1996    
<S>                                         <C>                 <C>
Cash Flows from Operating Activities:
    Net (loss)                            	 $     (45,244)      $	  10,104 

    Adjustments to reconcile net
     income (loss) to net cash used
     in operating activities
        Depreciation                                7,222            7,222 
        Increase in accounts payable,
         accrued expenses and other                25,841           12,596 
        (Increase) in accounts 
         receivable                               (20,653)         (29,922)
                              						          ____________	    ____________
    Net Cash Provided by Operating
     Activities                                   (32,834)               - 
						                                     _______________	    ____________
Cash Flows from Investing Activities                    -                - 
						                                     _______________	    ____________
 Cash Flows from Financing Activities:
    Repayment of Notes Payable                    (62,280)               - 
    Advances from related party                    95,114                - 
						                                     _______________	    ____________
    Net Cash (Used by) Financing
     Activities                                    32,834                - 

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.                    TRAVIS INDUSTRIES, INC.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                     STATEMENTS OF CASH FLOWS

             For the Six Months Ended September 30
                           (Unaudited)

                                         
                                                  1997              1996    
<S>                           						     <C>                 <C>
Cash Flows from Operating Activities:
    Net (loss)                           $       (50,476)	   $	  (9,224)
    Adjustments to reconcile net
     income (loss) to net cash used
     in operating activities
        Depreciation                              14,444            14,444 
        Increase in accounts payable,
         accrued expenses and other               21,950             1,486 
        (Increase) in accounts 
         receivable                               (8,918)           (6,706)
                              						      _______________	     ____________
    Net Cash Provided by Operating
     Activities                                  (23,000)                 - 
                               						     _______________	     ____________
Cash Flows from Investing Activities                    -                 - 
                              						      _______________	     ____________
Cash Flows from Financing Activities:
    Repayment of Notes Payable                    (72,114)                - 
    Advances from related party                    95,114                 - 
                              						      _______________	     ____________
    Net Cash (Used by) Financing
     Activities                                    23,000                 - 
                              						      _______________	     ____________
Increase in cash                                        -                 - 

Cash, beginning of period                               -                 - 
                              						      _______________	     ____________
Cash, end of period                      $              -    $            - 
						                                    _______________	     ____________
Interest paid                                       2,700    $            - 
                              						      _______________	     ____________
Income taxes paid                        $              -    $            - 
                             						      _______________	      ____________
</TABLE>




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

                     TRAVIS INDUSTRIES, INC.

                  NOTES TO FINANCIAL STATEMENTS
                  September 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 these 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 September 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.

                             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 $506,186
and $425,968 with cost of goods sold of approximately $417,625 and
$271,204 during the quarter ended September 30, 1997 and 1996
respectively, and incurred operating expenses of approximately
$129,842 and $159,980, respectively.  The Company had a net loss of
$45,244 during the quarter ended September 30, 1997 as compared to
a net income of $10,104 during the quarter ended September 30,
1996.

The Company generated operating revenues of approximately
$1,107,771 and $868,852 with cost of goods sold of approximately
$872,847 and $594,094 during the nine months ended September 30,
1997 and 1996 respectively, and incurred operating expenses of
approximately $278,925 and $308,460, respectively.  The Company had
a net loss of $50,476 during the six month period ended September
30, 1997 as compared to a net loss of $9,224 during the six month
period ended September 30, 1996.

The Company had liabilities in excess of assets at September 30,
1997 of $374,665.

At September 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