<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Statement of Financial Condition at March 31, 1999 (Unaudited) and the
Statement of Income for the Three Months Ended March 31, 1999 (Unaudited)
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                          14,675
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               191,715
<PP&E>                                      24,383,774
<DEPRECIATION>                               3,063,279
<TOTAL-ASSETS>                              22,588,210
<CURRENT-LIABILITIES>                           56,460
<BONDS>                                              0
<COMMON>                                       126,549
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                22,588,210
<SALES>                                        818,514
<TOTAL-REVENUES>                               818,514
<CGS>                                                0
<TOTAL-COSTS>                                  516,425
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             126,925
<INCOME-PRETAX>                                209,531
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            209,531
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   209,531
<EPS-PRIMARY>                                     1.65
<EPS-DILUTED>                                     1.65