<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM FORM 10-QSB FOR THE QUARTERLY PERIOD ENDED APRIL 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-QSB. </LEGEND> <CIK> 0001042187 <NAME> CTI Industries Corporation <MULTIPLIER> 1,000 <CURRENCY> dollars <PERIOD-TYPE> 6-mos <FISCAL-YEAR-END> OCT-31-1998 <PERIOD-START> NOV-01-1997 <PERIOD-END> APR-30-1998 <EXCHANGE-RATE> 1.000 <CASH> 1,291 <SECURITIES> 0 <RECEIVABLES> 4,438 <ALLOWANCES> 148 <INVENTORY> 6,892 <CURRENT-ASSETS> 13,607 <PP&E> 11,944 <DEPRECIATION> 7,279 <TOTAL-ASSETS> 20,261 <CURRENT-LIABILITIES> 8,592 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,187 <OTHER-SE> 6,502 <TOTAL-LIABILITY-AND-EQUITY> 20,261 <SALES> 11,332 <TOTAL-REVENUES> 11,332 <CGS> 6,695 <TOTAL-COSTS> 6,695 <OTHER-EXPENSES> 3,402 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 368 <INCOME-PRETAX> 867 <INCOME-TAX> 304 <INCOME-CONTINUING> 563 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 563 <EPS-PRIMARY> .15 <EPS-DILUTED> .14