<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 2466744 <SECURITIES> 1009451 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3476195 <PP&E> 19154233 <DEPRECIATION> 87689 <TOTAL-ASSETS> 22630428 <CURRENT-LIABILITIES> 101071 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 22529357 <TOTAL-LIABILITY-AND-EQUITY> 22630428 <SALES> 910160 <TOTAL-REVENUES> 997663 <CGS> 66114 <TOTAL-COSTS> 66114 <OTHER-EXPENSES> 248703 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 682846 <INCOME-TAX> 0 <INCOME-CONTINUING> 682846 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 682846 <EPS-PRIMARY> 9.88 <EPS-DILUTED> 9.88