<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM FORM 10-QSB FOR THE QUARTERLY PERIOD ENDED JULY 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> 9-mos <FISCAL-YEAR-END> OCT-31-1999 <PERIOD-START> NOV-01-1998 <PERIOD-END> JUL-31-1999 <EXCHANGE-RATE> 1.000 <CASH> 404 <SECURITIES> 0 <RECEIVABLES> 3,040 <ALLOWANCES> 101 <INVENTORY> 6,077 <CURRENT-ASSETS> 11,165 <PP&E> 17,985 <DEPRECIATION> 8,700 <TOTAL-ASSETS> 22,613 <CURRENT-LIABILITIES> 9,165 <BONDS> 6,694 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 188 <OTHER-SE> 6,152 <TOTAL-LIABILITY-AND-EQUITY> 22,613 <SALES> 13,750 <TOTAL-REVENUES> 13,750 <CGS> 9,836 <TOTAL-COSTS> 9,836 <OTHER-EXPENSES> 4,529 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 684 <INCOME-PRETAX> (1,299) <INCOME-TAX> (507) <INCOME-CONTINUING> (792) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (792) <EPS-BASIC> (.21) <EPS-DILUTED> (.21)