<ARTICLE> 5 <CIK> 0000760382 <NAME> WELLESLEY III-C FDS 9/30/96 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 20,440 <SECURITIES> 40,675 <RECEIVABLES> 18,677 <ALLOWANCES> 8,977 <INVENTORY> 0 <CURRENT-ASSETS> 70,815 <PP&E> 592,514 <DEPRECIATION> 429,218 <TOTAL-ASSETS> 234,111 <CURRENT-LIABILITIES> 132,745 <BONDS> 0 <COMMON> 11,140,685 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (11,039,319) <TOTAL-LIABILITY-AND-EQUITY> 234,111 <SALES> 155,765 <TOTAL-REVENUES> 298,464 <CGS> 0 <TOTAL-COSTS> 12,327 <OTHER-EXPENSES> 156,149 <LOSS-PROVISION> 8,163 <INTEREST-EXPENSE> 1,165 <INCOME-PRETAX> 120,660 <INCOME-TAX> 0 <INCOME-CONTINUING> 120,660 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 120,660 <EPS-PRIMARY> 1.10 <EPS-DILUTED> 0