<ARTICLE> BD
<CURRENCY> U.S. DOLLARS
       
                                                  
<PERIOD-TYPE>                   9-MOS                   9-MOS
<FISCAL-YEAR-END>                          OCT-31-1994             OCT-31-1993
<PERIOD-START>                             OCT-31-1994             OCT-31-1993
<PERIOD-END>                               JUL-31-1995             JUL-31-1994
<EXCHANGE-RATE>                                      1                       1
<CASH>                                          82,202                 275,596
<RECEIVABLES>                                   82,030                 187,261
<SECURITIES-RESALE>                                  0                       0
<SECURITIES-BORROWED>                                0                       0
<INSTRUMENTS-OWNED>                          3,191,032               4,339,361
<PP&E>                                               0                       0
<TOTAL-ASSETS>                               3,355,264               4,802,218
<SHORT-TERM>                                         0                       0
<PAYABLES>                                      63,827                  83,643
<REPOS-SOLD>                                         0                       0
<SECURITIES-LOANED>                                  0                       0
<INSTRUMENTS-SOLD>                                   0                       0
<LONG-TERM>                                          0                       0
<COMMON>                                     3,291,437               4,718,575
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<OTHER-SE>                                           0                       0
<TOTAL-LIABILITY-AND-EQUITY>                 3,355,264               4,802,218
<TRADING-REVENUE>                            (481,109)               (734,958)
<INTEREST-DIVIDENDS>                           163,197                 122,535
<COMMISSIONS>                                (203,030)               (369,878)
<INVESTMENT-BANKING-REVENUES>                        0                       0
<FEE-REVENUE>                                        0                       0
<INTEREST-EXPENSE>                                   0                       0
<COMPENSATION>                                (66,947)                (17,036)
<INCOME-PRETAX>                              (587,889)               (999,337)
<INCOME-PRE-EXTRAORDINARY>                           0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 (587,889)               (999,337)
<EPS-PRIMARY>                                        0                       0
<EPS-DILUTED>                                        0                       0