RTI INC
10QSB/A, 1995-10-02
BUSINESS SERVICES, NEC
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                  FORM 10-QSB/A

                                AMMENDMENT NO. 1
__
X   QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
- --
1934 FOR THE QUARTERLY PERIOD ENDED June 30, 1995
                                    -------------
__
__  TRANSITION REPORT  UNDER SECTION 13 OR 15(d) OF  THE SECURITIES EXCHANGE ACT
1934 FOR THE TRANSITION PERIOD FROM ____________
TO ____________


                         Commission file number  0-5887 
                                                --------


                                   RTI INC.                  
                   ------------------------------------------
        (Exact name of small business issuer as specified in its charter)


                       NEW YORK                         11-2163152 
               ------------------------                ------------
         (State or other jurisdiction of            (I.R.S. Employer 
          incorporation or organization)            Identification No.)


                108 Lake Denmark Road, Rockaway, New Jersey 07866
                -------------------------------------------------
               (Address of principal executive offices) (Zip Code)


                                 (201) 625-8400 
                                 --------------
                (Issuer's telephone number, including area code)




             Check whether the issuer (1) filed all reports required to be
        filed by Section l3 or l5(d) of the Exchange Act during the past 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     
                                                     ----      ----

             State the number of shares outstanding of each of the issuer's
        classes of common equity, as of the latest practicable date.
              July 21, 1995   -   1,072,688   shares of common stock
             ---------------     -----------

            Transitional Small Business Disclosure Form    Yes     No  x 
                                                               ---    ---

                    Exhibit Index on sequentially numbered page  2 
                                                                ---

                    Total number of pages  3 
                                          ---


<PAGE>







Part II.  Other Information

Item 6.   Exhibits and Reports on Form 8-K

          (a)  Exhibits
               --------

               27  Financial Data Schedule
















































                                       -2-




<PAGE>






                                   Signatures



In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.




                                       RTI INC.




Date:   September 29, 1995             /s/ Theo W. Muller       
                                       -------------------------
                                       Theo W. Muller
                                       President
    



                                                              
                                                       
Date:   September 29, 1995             /s/ R. Stephen Maico    
                                       ------------------------
                                       R. Stephen Maico   
                                       Treasurer
                                       Principal Accounting and
                                       Financial Officer

























                                       -3-




<TABLE> <S> <C>

<ARTICLE>      5
<LEGEND>       THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
               FROM THE REGISTRANT'S UNAUDITED CONSOLIDATED BALANCE SHEET AS OF
               JUNE 30, 1995 AND UNAUDITED CONSOLIDATED STATEMENT OF OPERATIONS
               FOR THE SIX MONTHS THEN ENDED AND IS QUALIFIED IN ITS ENTIRETY BY
               REFERENCE TO SUCH FINANCIAL STATEMENTS
<MULTIPLIER>   1
       
<S>                      <C>
<PERIOD-TYPE>            6-MOS
<FISCAL-YEAR-END>                       DEC-31-1995
<PERIOD-START>                          JAN-01-1995
<PERIOD-END>                            JUN-30-1995
<CASH>                                       65,217
<SECURITIES>                                      0
<RECEIVABLES>                               494,288
<ALLOWANCES>                                (24,000)
<INVENTORY>                                       0
<CURRENT-ASSETS>                            646,940
<PP&E>                                   14,873,396
<DEPRECIATION>                            7,802,151
<TOTAL-ASSETS>                            7,911,509
<CURRENT-LIABILITIES>                     1,422,472
<BONDS>                                   2,272,506
<COMMON>                                     85,815
                             0
                                       0
<OTHER-SE>                               16,014,622
<TOTAL-LIABILITY-AND-EQUITY>              7,911,509
<SALES>                                   2,156,790
<TOTAL-REVENUES>                          2,156,790
<CGS>                                     1,427,265
<TOTAL-COSTS>                             2,253,613
<OTHER-EXPENSES>                            (56,877)
<LOSS-PROVISION>                             14,500
<INTEREST-EXPENSE>                         (129,687)
<INCOME-PRETAX>                            (276,793)
<INCOME-TAX>                                      0
<INCOME-CONTINUING>                        (276,793)
<DISCONTINUED>                                    0
<EXTRAORDINARY>                                   0
<CHANGES>                                         0
<NET-INCOME>                               (276,793)
<EPS-PRIMARY>                                  (.26)
<EPS-DILUTED>                                  (.26)
        

</TABLE>


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