<ARTICLE> 5 <CIK> 0000760382 <NAME> WELLESLEY LSE INCOME LTD PARTNERSHIP III-C FDS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 84,478 <SECURITIES> 39,353 <RECEIVABLES> 18,981 <ALLOWANCES> 17,670 <INVENTORY> 0 <CURRENT-ASSETS> 125,142 <PP&E> 592,514 <DEPRECIATION> 398,464 <TOTAL-ASSETS> 319,192 <CURRENT-LIABILITIES> 152,694 <BONDS> 9,706 <COMMON> 11,140,685 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (10,983,893) <TOTAL-LIABILITY-AND-EQUITY> 319,192 <SALES> 101,216 <TOTAL-REVENUES> 243,274 <CGS> 0 <TOTAL-COSTS> 8,458 <OTHER-EXPENSES> 105,328 <LOSS-PROVISION> 16,856 <INTEREST-EXPENSE> 1,066 <INCOME-PRETAX> 111,566 <INCOME-TAX> 0 <INCOME-CONTINUING> 111,566 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 111,566 <EPS-PRIMARY> 1.54 <EPS-DILUTED> 0