WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> 6
       
                                
<PERIOD TYPE>                      6-MOS
<FISCAL-YEAR-END>                  DEC-31-1996
<PERIOD-END>                       JUN-30-1997
<INVESTMENTS-AT-COST>               28,984,962
<INVESTMENTS-AT-VALUE>              29,058,316
<RECEIVABLES>                        2,235,182
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<OTHER-ITEMS-LIABILITIES>              456,746
<TOTAL-LIABILITIES>                    456,746
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<SHARES-COMMON-STOCK>               10,442,682
<SHARES-COMMON-PRIOR>               10,442,682
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<OVERDISTRIBUTION-GAINS>                     0
<ACCUM-APPREC-OR-DEPREC>                73,354
<NET-ASSETS>                        31,244,009
<DIVIDEND-INCOME>                            0
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<OTHER-INCOME>                           7,500
<EXPENSES-NET>                         594,834
<NET-INVESTMENT-INCOME>               (499,501)
<REALIZED-GAINS-CURRENT>               168,030
<APPREC-INCREASE-CURRENT>           (3,990,010)
<NET-CHANGE-FROM-OPS>               (3,026,306)
<EQUALIZATION>                               0
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<DISTRIBUTIONS-OF-GAINS>                     0
<DISTRIBUTIONS-OTHER>                        0
<NUMBER-OF-SHARES-SOLD>                      0
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<SHARES-REINVESTED>                          0
<NET-CHANGE-IN-ASSETS>              (3,026,306)
<ACCUMULATED-NII-PRIOR>                      0
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