<ARTICLE>                                   5
<LEGEND>
     This schedule  contains summary  financial  information  extracted from the
Partnership's  unaudited financial  statements for the quarter ended October 31,
1998 and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                            1,000
       
                                       
<PERIOD-TYPE>                           3-MOS
<FISCAL-YEAR-END>                 Jul-31-1999
<PERIOD-END>                      Oct-31-1998
<CASH>                                  1,960
<SECURITIES>                           22,009
<RECEIVABLES>                             153
<ALLOWANCES>                                0
<INVENTORY>                                 0
<CURRENT-ASSETS>                        2,113
<PP&E>                                      0
<DEPRECIATION>                              0
<TOTAL-ASSETS>                         24,432
<CURRENT-LIABILITIES>                      67
<BONDS>                                     0
<PREFERRED-MANDATORY>                       0
<PREFERRED>                                 0
<COMMON>                                    0
<OTHER-SE>                             24,365
<TOTAL-LIABILITY-AND-EQUITY>           24,432
<SALES>                                     0
<TOTAL-REVENUES>                          468
<CGS>                                       0
<TOTAL-COSTS>                             136
<OTHER-EXPENSES>                            0
<LOSS-PROVISION>                            0
<INTEREST-EXPENSE>                          0
<INCOME-PRETAX>                           332
<INCOME-TAX>                                0
<INCOME-CONTINUING>                       332
<DISCONTINUED>                              0
<EXTRAORDINARY>                             0
<CHANGES>                                   0
<NET-INCOME>                              332
<EPS-PRIMARY>                            0.60
<EPS-DILUTED>                            0.60