WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> 5
<MULTIPLIER> 1
          
                         
<PERIOD-TYPE>               3MOS
<FISCAL-YEAR-END>                  DEC-31-1997
<PERIOD-END>                       MAR-31-1997
<CASH>                              21,389
<SECURITIES>                             0
<RECEIVABLES>                      141,501
<ALLOWANCES>                             0
<INVENTORY>                              0
<CURRENT-ASSETS>                   162,890
<PP&E>                                   0
<DEPRECIATION>                           0
<TOTAL-ASSETS>                     162,890
<CURRENT-LIABILITIES>               21,107
<BONDS>                                  0
<COMMON>                             1,000
<PREFERRED-MANDATORY>                    0
<PREFERRED>                              0
<OTHER-SE>                         140,783
<TOTAL-LIABILITY-AND-EQUITY>       162,890
<SALES>                              3,038
<TOTAL-REVENUES>                     3,038
<CGS>                                    0
<TOTAL-COSTS>                            0
<OTHER-EXPENSES>                       570
<LOSS-PROVISION>                         0
<INTEREST-EXPENSE>                       0
<INCOME-PRETAX>                      2,468
<INCOME-TAX>                             0
<INCOME-CONTINUING>                  2,468
<DISCONTINUED>                           0
<EXTRAORDINARY>                          0
<CHANGES>                                0
<NET-INCOME>                         2,468
<EPS-PRIMARY>                            0
<EPS-DILUTED>                            0