<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED
SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY 
REFERENCE TO SUCH QUARTERLY REPORT ON FORM 10-Q.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                           9,921
<SECURITIES>                                   169,291
<RECEIVABLES>                                   29,037
<ALLOWANCES>                                         0
<INVENTORY>                                          0
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<PP&E>                                               0
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<TOTAL-ASSETS>                                 208,249
<CURRENT-LIABILITIES>                           10,819
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     197,430
<TOTAL-LIABILITY-AND-EQUITY>                   208,249
<SALES>                                              0
<TOTAL-REVENUES>                                12,921
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                 1,918
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 11,003
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             11,003
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<EXTRAORDINARY>                                      0
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<EPS-PRIMARY>                                      .88
<EPS-DILUTED>                                        0