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

  
 
  <ARTICLE>         5
  <LEGEND>
  This schedule contains summary financial information extracted from the
  consolidated statement of financial condition at March 31, 1999
  (unaudited) and the consolidated statement of income for the three
  months ended March 31 1999 (unaudited) and is qualified in its
  entirety by reference to such financial statements.
  </LEGEND>
  <MULTIPLIER>      1
                    
                                   
  <PERIOD-TYPE>               3-MOS
  <FISCAL-YEAR-END>                       Dec-31-1999
  <PERIOD-START>                          Jan-01-1999
  <PERIOD-END>                            Mar-31-1999
  <CASH>                                       32,843
  <SECURITIES>                                    -0-
  <RECEIVABLES>                                   -0-
  <ALLOWANCES>                                    -0-
  <INVENTORY>                                     -0-
  <CURRENT-ASSETS>                             32,843
  <PP&E>                                          -0-
  <DEPRECIATION>                                  -0-
  <TOTAL-ASSETS>                              141,800
  <CURRENT-LIABILITIES>                           -0-
  <BONDS>                                         -0-
  <PREFERRED-MANDATORY>                           -0-
  <PREFERRED>                                     -0-
  <COMMON>                                    314,080
  <OTHER-SE>                                 <172,280>
  <TOTAL-LIABILITY-AND-EQUITY>                141,800
  <SALES>                                         -0-
  <TOTAL-REVENUES>                                -0-
  <CGS>                                           -0-
  <TOTAL-COSTS>                                   -0-
  <OTHER-EXPENSES>                            <17,962>
  <LOSS-PROVISION>                                -0-
  <INTEREST-EXPENSE>                              -0-
  <INCOME-PRETAX>                                 -0-
  <INCOME-TAX>                                    -0-
  <INCOME-CONTINUING>                             -0-
  <DISCONTINUED>                              <17,962>
  <EXTRAORDINARY>                                 -0-
  <CHANGES>                                       -0-
  <NET-INCOME>                                <17,962>
  <EPS-PRIMARY>                                  0.00
  <EPS-DILUTED>                                  0.00