<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 25,526 <SECURITIES> 2,417,512 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,443,038 <PP&E> 812,778 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,255,816 <CURRENT-LIABILITIES> 281,208 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,974,608 <TOTAL-LIABILITY-AND-EQUITY> 3,255,816 <SALES> 0 <TOTAL-REVENUES> 564,193 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 201,749 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 362,444 <INCOME-TAX> 0 <INCOME-CONTINUING> 362,444 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 362,444 <EPS-PRIMARY> 27.04 <EPS-DILUTED> 27.04