<ARTICLE> BD <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1997 <PERIOD-START> JAN-01-1998 JAN-01-1997 <PERIOD-END> DEC-31-1998 DEC-31-1997 <CASH> 0 0 <RECEIVABLES> 259,704 514,158 <SECURITIES-RESALE> 0 0 <SECURITIES-BORROWED> 0 0 <INSTRUMENTS-OWNED> 56,163,313 63,024,164 <PP&E> 0 0 <TOTAL-ASSETS> 56,423,017 63,538,322 <SHORT-TERM> 0 0 <PAYABLES> 259,704 514,158 <REPOS-SOLD> 0 0 <SECURITIES-LOANED> 0 0 <INSTRUMENTS-SOLD> 0 0 <LONG-TERM> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 0 0 <OTHER-SE> 56,163,313 63,024,164 <TOTAL-LIABILITY-AND-EQUITY> 56,423,017 63,538,322 <TRADING-REVENUE> 0 0 <INTEREST-DIVIDENDS> 0 0 <COMMISSIONS> 0 0 <INVESTMENT-BANKING-REVENUES> 0 0 <FEE-REVENUE> 0 0 <INTEREST-EXPENSE> 0 0 <COMPENSATION> 0 0 <INCOME-PRETAX> 1,867,451 7,357,688 <INCOME-PRE-EXTRAORDINARY> 1,867,451 7,357,688 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 1,867,451 7,357,688 <EPS-PRIMARY> 7.05 24.97 <EPS-DILUTED> 7.05 24.97