<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the unaudited financial statements and notes thereto which are included in this quarterly report on Form 10-Q, and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 464,388 <SECURITIES> 2,676,791 <RECEIVABLES> 486 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,318,745 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,318,745 <CURRENT-LIABILITIES> 29,607 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,289,138 <TOTAL-LIABILITY-AND-EQUITY> 3,318,745 <SALES> 0 <TOTAL-REVENUES> 379,717 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> (39,244) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 340,473 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 340,473 <EPS-PRIMARY> 92.48 <EPS-DILUTED> 0