<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Statement of Assets, Liabilities and Trust Corpus at January 31, 1997 and the
Statements of Income and Expenses on a Cash Basis for the Three Months Ended
January 31, 1997 and is qualified in its entirety by reference to such financial
statements and the accompanying notes.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               JAN-31-1997
<CASH>                                       3,707,492
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             3,707,492
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               3,707,492
<CURRENT-LIABILITIES>                        3,652,493
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                      54,999
<TOTAL-LIABILITY-AND-EQUITY>                 3,707,492
<SALES>                                              0
<TOTAL-REVENUES>                             3,848,307
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               270,300
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 3,578,007
<EPS-PRIMARY>                                      .41
<EPS-DILUTED>                                      .41