<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> JUN-30-1995 <CASH> 1,482,941 <SECURITIES> 0 <RECEIVABLES> 75,881 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,558,822 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 5,126,486 <CURRENT-LIABILITIES> 17,863 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 5,108,623 <TOTAL-LIABILITY-AND-EQUITY> 5,126,486 <SALES> 0 <TOTAL-REVENUES> 412,594 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 224,241 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 188,353 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 188,353 <EPS-PRIMARY> .10 <EPS-DILUTED> 0