<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM FORM 10-QSB FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 1999 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> 3-mos <FISCAL-YEAR-END> OCT-31-1999 <PERIOD-START> NOV-01-1998 <PERIOD-END> JAN-31-1999 <EXCHANGE-RATE> 1.000 <CASH> 317 <SECURITIES> 0 <RECEIVABLES> 4,205 <ALLOWANCES> 142 <INVENTORY> 7,223 <CURRENT-ASSETS> 12,935 <PP&E> 17,340 <DEPRECIATION> 7,988 <TOTAL-ASSETS> 24,403 <CURRENT-LIABILITIES> 9,958 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 188 <OTHER-SE> 7,057 <TOTAL-LIABILITY-AND-EQUITY> 24,403 <SALES> 4,988 <TOTAL-REVENUES> 4,988 <CGS> 3,077 <TOTAL-COSTS> 3,077 <OTHER-EXPENSES> 1,617 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 221 <INCOME-PRETAX> 73 <INCOME-TAX> 13 <INCOME-CONTINUING> 60 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 60 <EPS-PRIMARY> .02 <EPS-DILUTED> .02