<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 467,871 <SECURITIES> 0 <RECEIVABLES> 2,978,978 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,446,849 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,446,849 <CURRENT-LIABILITIES> 3,095,718 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 351,131 <TOTAL-LIABILITY-AND-EQUITY> 3,446,849 <SALES> 752,199 <TOTAL-REVENUES> 1,611,568 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 814,773 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 731 <INCOME-PRETAX> 796,064 <INCOME-TAX> 0 <INCOME-CONTINUING> 796,064 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 796,064 <EPS-PRIMARY> 0 <EPS-DILUTED> 0