<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 8,769,598 <SECURITIES> 0 <RECEIVABLES> 5,316 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 8,774,914 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 8,774,914 <CURRENT-LIABILITIES> 19,528 <BONDS> 964,480 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 7,790,906 <TOTAL-LIABILITY-AND-EQUITY> 8,774,914 <SALES> 153,809 <TOTAL-REVENUES> 988,221 <CGS> 68,653 <TOTAL-COSTS> 68,653 <OTHER-EXPENSES> 43,287 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 876,281 <INCOME-TAX> 0 <INCOME-CONTINUING> 876,281 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 876,281 <EPS-PRIMARY> 28.92 <EPS-DILUTED> 28.92