<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Statement of Financial Condition at June 30, 1998 (Unaudited)
and the Consolidated Statement of Income for the three and nine months ended
June 30, 1998 (Unaudited) and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          SEP-30-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                          45,851
<SECURITIES>                                         0
<RECEIVABLES>                                  472,507
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               526,375
<PP&E>                                         196,651
<DEPRECIATION>                                  39,808
<TOTAL-ASSETS>                               7,112,162
<CURRENT-LIABILITIES>                           61,651
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       185,851
<OTHER-SE>                                   6,864,660
<TOTAL-LIABILITY-AND-EQUITY>                 7,112,162
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                  765,460
<OTHER-EXPENSES>                               519,933
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                745,415
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   745,415
<EPS-PRIMARY>                                     0.05
<EPS-DILUTED>                                     0.05