1
 Traditional Industries Inc. said 
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it expects to report a net loss for the fourth quarter 
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that ended June 30 
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and is seeking new financing.
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 The seller of photographic products and services said 
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it is considering a number of financing alternatives,
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 including seeking increases in its credit lines.
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 Traditional declined to estimate the amount of the loss 
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and wouldn't say 
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if it expects to show a profit for the year. 
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In the year 
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ended June 30, 1988, 
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Traditional reported net income of $4.9 million, or $1.21 a share.
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 The company didn't break out its fourth-quarter results.
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 In the latest nine months net income was $4.7 million, or $1.31 a share, on revenue of $44.3 million.
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 Separately, 
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the company said 
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it would file a delayed fiscal-year report with the Securities and Exchange Commission within approximately 45 days.
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 It said 
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the delay resulted from difficulties 
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in resolving its accounting of a settlement with the Federal Trade Commission.
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 Under an agreement 
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filed in federal court in August 
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to settle FTC objections to some Traditional sales practices, 
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Traditional said 
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it would establish a $250,000 trust fund 
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to provide refunds to certain customers. 
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