<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1999 <CASH> 209,863 <SECURITIES> 2,329,823 <RECEIVABLES> 11,301 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 228,811 <PP&E> 31,692,163 <DEPRECIATION> 10,296,750 <TOTAL-ASSETS> 23,974,961 <CURRENT-LIABILITIES> 2,360,157 <BONDS> 0 <COMMON> 417,936 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 15,236,818 <TOTAL-LIABILITY-AND-EQUITY> 23,974,961 <SALES> 0 <TOTAL-REVENUES> 2,214,465 <CGS> 0 <TOTAL-COSTS> 962,012 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 278,960 <INCOME-PRETAX> 1,252,453 <INCOME-TAX> 464,660 <INCOME-CONTINUING> 787,793 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 787,793 <EPS-BASIC> 1.88 <EPS-DILUTED> 1.88