<ARTICLE> 5
<CIK> 0000760375
<NAME> WELLESLEY LSE INCOME LTD PARTNERSHIP III-B FDS
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                          14,772
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<OTHER-SE>                                (11,093,816)
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