<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-END> JUN-30-1998 <CASH> 1,022,588 <SECURITIES> 0 <RECEIVABLES> 156,814 <ALLOWANCES> 0 <INVENTORY> 257,759 <CURRENT-ASSETS> 3,733,805 <PP&E> 49,082,754 <DEPRECIATION> 31,466,661 <TOTAL-ASSETS> 23,254,433 <CURRENT-LIABILITIES> 2,049,577 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,991,892 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 23,254,433 <SALES> 1,463,539 <TOTAL-REVENUES> 1,463,539 <CGS> 0 <TOTAL-COSTS> 1,585,505 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (176,382) <INCOME-PRETAX> (254,105) <INCOME-TAX> (101,641) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (152,464) <EPS-PRIMARY> (.08) <EPS-DILUTED> (.08)