SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) June 24, 1996
Transcisco Industries, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware 1-9051 94-2989345
(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification
Corporation) No.)
601 California Street, Suite 1301, San Francisco, CA 94108
(Address of Principal Executive Offices)
Registrant's telephone number, including area code 415/477-9700
(Former Name or Former Address, If Changed Since Last Report)
Item 5. Other Events.
The attached consent of the Company's independent auditors
is hereby incorporated by reference.
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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 hereunto duly authorized.
Dated: July 25, 1996
Transcisco Industries, Inc.
Registrant
By: s/ Gregory S. Saunders
Gregory S. Saunders
Vice President/Controller
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Exhibit List
Exhibit 99.1 Consent of KPMG dated June 24, 1996.
Exhibit 99.1
CONSENT OF INDEPENDENT AUDITORS
The Board of Directors and Shareholders
SFAT
We consent to the incorporation by reference in the
Registration Statements (Form S-3 No. 33-65173 and Form S-8 No.
33-58389) of Transcisco Industries, Inc. of our report dated May
24, 1996, with respect to the consolidated financial statements
of SFAT for the years ended December 31, 1995 and 1994 included
in this Annual Report (Form 10-K) of Transcisco Industries, Inc.
/s/ KPMG Peat Marwick
Moscow, Russia
June 24, 1996
