<ARTICLE>           5
<LEGEND>
This schedule contains summary financial information extracted from the
Combined Financial Statements at September 30, 1997 for the period ended
September 30, 1997 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<CIK>               0000909124
<NAME>              ALTON REAL ESTATE
<MULTIPLIER>        1000
       
                                 
<PERIOD-TYPE>                       3-MOS
<FISCAL-YEAR-END>                   JUN-30-1998
<PERIOD-START>                      JUL-01-1997
<PERIOD-END>                        SEP-30-1997
<CASH>                              3,304
<SECURITIES>                        0
<RECEIVABLES>                       4,103
<ALLOWANCES>                        224
<INVENTORY>                         0
<CURRENT-ASSETS>                    7,697
<PP&E>                              24,964
<DEPRECIATION>                      7,604
<TOTAL-ASSETS>                      32,682
<CURRENT-LIABILITIES>               5,467
<BONDS>                             0
<COMMON>                            65
<PREFERRED-MANDATORY>               0
<PREFERRED>                         0
<OTHER-SE>                          1,911
<TOTAL-LIABILITY-AND-EQUITY>        32,682
<SALES>                             7,455
<TOTAL-REVENUES>                    7,690
<CGS>                               0
<TOTAL-COSTS>                       6,280
<OTHER-EXPENSES>                    0
<LOSS-PROVISION>                    0
<INTEREST-EXPENSE>                  496
<INCOME-PRETAX>                     914
<INCOME-TAX>                        83
<INCOME-CONTINUING>                 0
<DISCONTINUED>                      0
<EXTRAORDINARY>                     0
<CHANGES>                           0
<NET-INCOME>                        831
<EPS-PRIMARY>                       13
<EPS-DILUTED>                       0