<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