<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Statement of Financial Condition at December 31, 1998 and the Statement
of Income for the fiscal year ended December 31, 1998 and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                          24,097
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                24,097
<PP&E>                                      28,028,087
<DEPRECIATION>                               3,421,976
<TOTAL-ASSETS>                              25,658,480
<CURRENT-LIABILITIES>                           67,742
<BONDS>                                              0
<COMMON>                                       128,056
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                25,658,480
<SALES>                                      3,289,753
<TOTAL-REVENUES>                             3,289,753
<CGS>                                                0
<TOTAL-COSTS>                                1,975,446
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             530,067
<INCOME-PRETAX>                              1,314,307
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          1,314,307
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,314,307
<EPS-PRIMARY>                                   10.070
<EPS-DILUTED>                                   10.070