<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JUL-31-1996
<PERIOD-START>                              AUG-1-1995
<PERIOD-END>                               APR-30-1996
<CASH>                                         743,670
<SECURITIES>                                         0
<RECEIVABLES>                               11,434,986
<ALLOWANCES>                                 1,107,654
<INVENTORY>                                  2,436,834
<CURRENT-ASSETS>                                     0<F1>
<PP&E>                                      18,680,234
<DEPRECIATION>                               9,523,567
<TOTAL-ASSETS>                              26,884,499
<CURRENT-LIABILITIES>                                0<F1>
<BONDS>                                     15,873,014
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       257,602
<OTHER-SE>                                 (3,464,355)
<TOTAL-LIABILITY-AND-EQUITY>                26,884,499
<SALES>                                              0
<TOTAL-REVENUES>                            20,824,726
<CGS>                                                0
<TOTAL-COSTS>                               11,458,064
<OTHER-EXPENSES>                             6,623,130
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                           1,113,186
<INCOME-PRETAX>                              1,630,346
<INCOME-TAX>                                    50,000
<INCOME-CONTINUING>                          1,580,346
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                348,000
<CHANGES>                                            0
<NET-INCOME>                                 1,978,208
<EPS-PRIMARY>                                     0.63
<EPS-DILUTED>                                     0.63
<FN>
<F1>Registrant employs an unclassified balance sheet.
</FN>