<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 118892 <SECURITIES> 0 <RECEIVABLES> 35403 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 154295 <PP&E> 1691283 <DEPRECIATION> 571774 <TOTAL-ASSETS> 3342822 <CURRENT-LIABILITIES> 33100 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3287825 <TOTAL-LIABILITY-AND-EQUITY> 3342822 <SALES> 0 <TOTAL-REVENUES> 169952 <CGS> 0 <TOTAL-COSTS> 91040 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 120053 <INCOME-TAX> 120053 <INCOME-CONTINUING> 120053 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 120053 <EPS-PRIMARY> 22.28 <EPS-DILUTED> 22.28