<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1997 <CASH> 27040 <SECURITIES> 0 <RECEIVABLES> 2133601 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 2169600 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2169600 <TOTAL-LIABILITY-AND-EQUITY> 2169600 <SALES> 0 <TOTAL-REVENUES> 5269 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 27488 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (22219) <INCOME-TAX> 0 <INCOME-CONTINUING> (22219) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (22219) <EPS-PRIMARY> (5.29) <EPS-DILUTED> (5.29)