<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM BALANCE
SHEET AS OF MARCH 31, 1996 AND STATEMENT OF OPERATIONS FOR THE NINE-MONTHS ENDED
MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL 
STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-START>                             JUL-01-1995
<PERIOD-END>                               MAR-31-1996
<CASH>                                         183,730
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 203,499
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           100
<OTHER-SE>                                     203,399
<TOTAL-LIABILITY-AND-EQUITY>                   203,499
<SALES>                                              0
<TOTAL-REVENUES>                               391,982
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               123,228
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             376,684
<INCOME-PRETAX>                              (107,930)
<INCOME-TAX>                                    40,500
<INCOME-CONTINUING>                           (67,430)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  5,476
<CHANGES>                                            0
<NET-INCOME>                                  (61,954)
<EPS-PRIMARY>                                    61.95
<EPS-DILUTED>                                        0