<ARTICLE> 5
<CIK> 0000720308
<NAME> WELLESLEY I-D 03/31/96
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                          88,369
<SECURITIES>                                         0
<RECEIVABLES>                                   19,279
<ALLOWANCES>                                    19,279
<INVENTORY>                                          0
<CURRENT-ASSETS>                                88,369
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                  88,369
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<COMMON>                                    16,260,064
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                (16,171,695)
<TOTAL-LIABILITY-AND-EQUITY>                    88,369
<SALES>                                              0
<TOTAL-REVENUES>                                13,031
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                   350
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 12,681
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             12,681     
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    12,681
<EPS-PRIMARY>                                     0.33
<EPS-DILUTED>                                        0