<ARTICLE>  5
<MULTIPLIER>  1
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                               DEC-31-1996
<PERIOD-END>                                    MAR-31-1996
<CASH>                                                  18,874
<SECURITIES>                                               0
<RECEIVABLES>                                          141,501                                        
<ALLOWANCES>                                               0
<INVENTORY>                                                0
<CURRENT-ASSETS>                                       157,375
<PP&E>                                                     0
<DEPRECIATION>                                             0
<TOTAL-ASSETS>                                         157,375
<CURRENT-LIABILITIES>                                   21,467
<BONDS>                                                    0
<COMMON>                                                 1,000
<PREFERRED-MANDATORY>                                      0
<PREFERRED>                                                0
<OTHER-SE>                                             134,908
<TOTAL-LIABILITY-AND-EQUITY>                           157,375
<SALES>                                                  3,038
<TOTAL-REVENUES>                                         3,038
<CGS>                                                      0
<TOTAL-COSTS>                                              0
<OTHER-EXPENSES>                                        2,234
<LOSS-PROVISION>                                           0
<INTEREST-EXPENSE>                                         0
<INCOME-PRETAX>                                           804
<INCOME-TAX>                                               0
<INCOME-CONTINUING>                                       804
<DISCONTINUED>                                             0
<EXTRAORDINARY>                                            0
<CHANGES>                                                  0

<NET-INCOME>                                              804
<EPS-PRIMARY>                                              0
<EPS-DILUTED>                                              0