Year Ended      Year Ended
                                                 June 30, 1995   June 30, 1994
                                                 _____________   _____________
                                                                     
                                                                               
EQUIVALENT SHARES:                                                             
                                                                               
Average Shares Outstanding                            547,425         545,158 
                                                                               
Total Equivalent Shares                               547,425         545,158  
Total Primary Shares                                  613,666         602,625 
Total Fully Diluted Shares                            730,548         675,867  
                                                                               
                                                                               
Net Operating Income before Change in                                          
  Accounting Principle                           $  1,489,381    $  1,200,559  
Cumulative Effect of Change in Accounting                                      
  Principle                                                 0         260,000 
                                                 _____________   _____________ 
Net Income                                          1,489,381       1,460,559  
Less Preferred Stock Dividend                         139,999         104,999  
                                                 _____________   _____________ 
Net Income after Preferred Dividend              $  1,349,382    $  1,355,560  
                                                 =============   ============= 
                                                                               
                                                                               
Primary Earnings Per Share on Net Operating                                    
  Income                                         $      2.20     $      1.82   
Fully Diluted Earnings Per Share on Net 
  Operating Income                               $      2.04     $      1.78   
Primary Earnings Per Share on the Change in 
  Accounting Principle                           $      0.00     $      0.43   
Fully Diluted Earnings Per Share on the Change 
  in Accounting Principle                        $      0.00     $      0.38   
Primary Earnings Per Share on Net Income         $      2.20     $      2.25   
Fully Diluted Earnings Per Share on Net Income   $      2.04     $      2.16