<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 15,808 <SECURITIES> 684,005 <RECEIVABLES> 1,447,019 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 748,866 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,146,832 <CURRENT-LIABILITIES> 260,295 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,886,537 <TOTAL-LIABILITY-AND-EQUITY> 2,146,832 <SALES> 0 <TOTAL-REVENUES> 193,721 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 58,040 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 135,681 <INCOME-TAX> 0 <INCOME-CONTINUING> 135,681 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 135,681 <EPS-PRIMARY> 0 <EPS-DILUTED> 0