<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Partnership's audited financial statements for the three months ended November 30, 1996 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> AUG-31-1997 <PERIOD-END> NOV-30-1996 <CASH> 1,534 <SECURITIES> 0 <RECEIVABLES> 9 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,637 <PP&E> 199 <DEPRECIATION> 21 <TOTAL-ASSETS> 1,845 <CURRENT-LIABILITIES> 736 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 500 <OTHER-SE> 486 <TOTAL-LIABILITY-AND-EQUITY> 1,845 <SALES> 0 <TOTAL-REVENUES> 3,586 <CGS> 0 <TOTAL-COSTS> 3,207 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 379 <INCOME-TAX> 152 <INCOME-CONTINUING> 227 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 227 <EPS-PRIMARY> 0.04 <EPS-DILUTED> 0.04