<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                          10,755
<SECURITIES>                                 2,667,283
<RECEIVABLES>                                1,562,975
<ALLOWANCES>                                    64,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                                45,100
<PP&E>                                          12,760
<DEPRECIATION>                                  12,760
<TOTAL-ASSETS>                               4,170,927
<CURRENT-LIABILITIES>                          244,648
<BONDS>                                              0
<COMMON>                                             0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   3,926,279
<TOTAL-LIABILITY-AND-EQUITY>                 4,170,927
<SALES>                                              0
<TOTAL-REVENUES>                               160,218
<CGS>                                                0
<TOTAL-COSTS>                                  274,957
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              (114,739)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (114,739)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (114,739)
<EPS-PRIMARY>                                   (2.77)
<EPS-DILUTED>                                   (2.77)