Form 10-Q

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

Quarterly Report Under Section 13 or 15(d)                                     
       of the Securities Exchange Act of 1934

For Quarter Ended:            June 30, 1998

Commission file number:       33-20720-LA                                  

ZENITH VENTURES CORPORATION                      
 

Delaware                                            77-0181849               
(State or other jurisdiction of                   (I.R.S. Employer
incorporation or organization)                 Identification Number)

20862 Sarahills Drive,   Saratoga,   California   95129         
(Address of principal executive offices)          (Zip Code)

(408) 867-4407                                           
(Registrant's telephone number, including area code)
____________________________________________________________________
(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 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

	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.    Yes__X__.  No_____.

APPLICABLE ONLY TO CORPORATE ISSUERS:

	Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

5,010,000 shares of common stock, $.001 par value.

                          PART II -  FINANCIAL INFORMATION				
				
                             ZENITH VENTURES CORPORATION				
				
                             CONSOLIDATED BALANCE SHEET				
				
	                                As of			
		                             	June 30, 1998		       June 30, 1997	
								
Total Cash	                     8,637 		              8,662 	
				
Securities at market	           18,000 	             	18,000 	
                               	-----------------	   	----------------	
Total current assets	           26,637 	             	26,662 	
				
  Other assets	                 513                   513 	
      Total fixed assets	       7,571 	              	7,571 	
				
Total assets	                   34,721 		             34,746 	
				
LIABILITIES AND SHAREHOLDERS' EQUITY				
				
  Accounts Payable and				
  accrued expenses	             666,447 	            	557,980 	
				
Shareholders' equity				
				
  Common Stock, 
     at $0.001 par value	       5,000 	              	5,000 	
  Additional paid in capital	   503,600 	            	503,600 	
  Class A & B Warrants	         1,000 	              	1,000 	
  Accumulated deficit	          (1,141,326)	         	(1,032,833)	
				
  Total shareholders' equity	   (631,726)	           	(523,233)	
				
  Liabilities and shareholders' 
   equity	                      34,722 	              	34,747 	
				

Prepared without audit				

See accompanying notes to financial statements				



                                 ZENITH VENTURES CORPORATION			
                             CONSOLIDATED STATEMENT OF OPERATIONS			
			
                     	              For the Period ended		
			
                                      	June 30, 1998	         	June 30, 1997
			
General & administrative expense	      15,040 	               	28,333 
			
Total operating expense	               15,040 		               28,333 
			
Net operating income (loss)	           (15,040)	              	(28,333)
			
Interest income	                                               	150 
			
Net income (loss) before taxes	        (15,040)              		(28,183)
			
Net income (loss) per common share    	(0.003)               		(0.006)
			
Average number of common			
  shares outstanding	                  5,010,000              		5,010,000 
			
			
Prepared without audit			
See accompanying notes to financial statements			


                                   ZENITH VENTURES CORPORATION			
			
                                CONSOLIDATED STATEMENT OF CASH FLOW			
			
			
                               	           For the Period ended		
			
			                                     	June 30, 1998	         June 30, 1997
			
Increase (decrease) in cash 			
			
Net income (loss) for the period	        (15,040)	              (28,183)
			
Changes in assets and liabilities			
			
Accounts receivable	                                           	654,922 
Accounts payable                         15,032 	              	(635,849)
			
Net cash used for operations            	(8)	                   1,373 
			
Net increase (decrease) in cash         	(8)		                  (9,110)
			
Cash at beginning of period	             8,653                 	22,661 
			
Cash at end of period	                   8,645 	               	13,551 
			
			
Prepared without audit			
			
See accompanying notes to financial statements			
			


ZENITH VENTURES CORPORATION

NOTES TO FINANCIAL STATEMENTS


Note 1.  -     The Company and its significant accounting policies:

	Zenith Ventures Corporation ("Zenith" or the "Company") is a Delaware 
corporation formed on February 16, 1988.  On February 14, 1989 the Company 
acquired all shares of the outstanding common stock (all of the issued and 
outstanding shares) of Epic Industries Inc. ("Epic"), a Delaware corporation.
In exchanges, shareholders of Epic received 3,200,000 shares of the Company's
common stock.

Epic, incorporated in February 1989, is a corporation which currently has 
rights to operate two businesses or to receive payments therefrom.  (See 
management's discussion of the business.)


Cash equivalent -

	The Company considers all liquid securities, or debt instruments with a 
maturity of three months or less, to be cash equivalents.


Income Taxes -

	Provision for income taxes is based on results of operations as reported in 
the financial statements.  The Company had net operating loss carry forwards 
at June 30, 1998 which may be utilized to reduce future taxable income.  No 
asset was recorded for the potential future tax benefit of this loss due to 
its realization not being assured.


Earnings per share -

	Earnings (loss) per share are based on the weighted average number of shares
outstanding during each period.


Note 2. -  Related party transactions

	During the period from inception through June 30, 1998, the Company occupied
office space and received management, secretarial, and administrative services
 from various officer/shareholders at no cost to the Company. 


Note 3.  -  Notes receivable:

	
	The Company had an Agreement for sale of rights to market software products 
outside the U.S. and the U.K. These were shown on previous balance sheets as 
receivables in current assets with a corresponding reserve in current 
liabilities.  The Company has elected to remove  related entries from the 
current balance sheet.
   

Note 4. -  Capital Stock

	The Company has one class of common stock with $.001 par value.  There are 
50,000,000 shares authorized with 5,010,000 shares outstanding.  


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

	The Company has developed certain computer software products intended for 
secure data management and is currently engaged in efforts to market these.  
These products were embedded into software of the largest commercial intranet 
currently being deployed in Asia.

Management also spends a portion of its time seeking additional business 
opportunities for the Company. 


PART II - OTHER INFORMATION 

Item 1.   Legal Proceedings.  The Company has brought suit against certain 
foreign citizens for return of equity in a subsidiary.  It has also filed suit 
against a former marketing representative of that company for breach of contract
and attempted theft of intellectual property.  It has also prepared a suit 
against a former vice president and director for breach of fiduciary duty and
 attempted usurpation of a corporate opportunity.

Item 2.   Changes in Securities.   There have been no changes in securities 
of the Company 	 during the period.


SIGNATURES

	Pursuant to the requirements of the Securities and Exchange Act of 1934, the
 registrant has duly caused this report to be signed on its behalf by the 
undersigned thereunto duly authorized.


/s/ George H. Didinger        
GEORGE H. DIDINGER, President      


Date	: August 10 1998 	/s/ George H. Didinger               
              		GEORGE H. DIDINGER, President and Director/