<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Statement of Financial Condition at December 31, 1998 Audited
and the Consolidated Statement of Income for the year ended December 31, 1998
Audited and is qualified in its entirety by referenceee to such financial
statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                              12
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                    12
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                      12
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     1,274,464
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                        12
<SALES>                                              0
<TOTAL-REVENUES>                                    90
<CGS>                                                0
<TOTAL-COSTS>                                   14,262
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (14,172)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (14,172)
<EPS-PRIMARY>                                   (0.07)
<EPS-DILUTED>                                   (0.07)