<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 934,720 <SECURITIES> 0 <RECEIVABLES> 3,669,006 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,603,726 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 4,603,726 <CURRENT-LIABILITIES> 4,059,021 <BONDS> 61,520 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 483,185 <TOTAL-LIABILITY-AND-EQUITY> 4,603,726 <SALES> 1,040,415 <TOTAL-REVENUES> 1,375,026 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 362,584 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,413 <INCOME-PRETAX> 1,009,029 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,009,029 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,009,029 <EPS-PRIMARY> 0 <EPS-DILUTED> 0