<ARTICLE>                     5
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              SEP-30-1997
<PERIOD-START>                                 OCT-01-1996
<PERIOD-END>                                   SEP-30-1997
<CASH>                                         613,175
<SECURITIES>                                   0
<RECEIVABLES>                                  0
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               613,175
<PP&E>                                         0
<DEPRECIATION>                                 0
<TOTAL-ASSETS>                                 613,175
<CURRENT-LIABILITIES>                          50,767
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       45,500
<OTHER-SE>                                     516,908
<TOTAL-LIABILITY-AND-EQUITY>                   613,175
<SALES>                                        0
<TOTAL-REVENUES>                               186,525
<CGS>                                          0
<TOTAL-COSTS>                                  0
<OTHER-EXPENSES>                               27,567
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             0
<INCOME-PRETAX>                                158,958
<INCOME-TAX>                                   45,526
<INCOME-CONTINUING>                            113,432
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   113,432
<EPS-PRIMARY>                                  .12
<EPS-DILUTED>                                  .12