<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