<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1996 <CASH> 10,896 <SECURITIES> 1,903,052 <RECEIVABLES> 1,946,913 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,969,802 <PP&E> 1,300,000 <DEPRECIATION> 223,196 <TOTAL-ASSETS> 4,058,109 <CURRENT-LIABILITIES> 275,428 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,782,681 <TOTAL-LIABILITY-AND-EQUITY> 4,058,109 <SALES> 0 <TOTAL-REVENUES> 219,309 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 134,202 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 85,107 <INCOME-TAX> 0 <INCOME-CONTINUING> 85,107 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 85,107 <EPS-PRIMARY> 0 <EPS-DILUTED> 0