<ARTICLE> 5
<LEGEND> This schedule contains summary financial information extracted from 
combined statements of Financial Condition, Operations, Changes in Partners' 
Capital and Cash Flows and is qualified in its entirety by reference to such
financial statements. 
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                         DEC-31-1997
<PERIOD-START>                            JAN-01-1997
<PERIOD-END>                              DEC-31-1997
<CASH>                                        435,891
<SECURITIES>                                2,282,981         
<RECEIVABLES>                                       0
<ALLOWANCES>                                        0
<INVENTORY>                                         0
<CURRENT-ASSETS>                            2,724,165 
<PP&E>                                              0
<DEPRECIATION>                                      0
<TOTAL-ASSETS>                              2,724,165
<CURRENT-LIABILITIES>                          58,564
<BONDS>                                             0
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                         0
<COMMON>                                            0
<OTHER-SE>                                  2,665,601
<TOTAL-LIABILITY-AND-EQUITY>                2,724,165
<SALES>                                             0 
<TOTAL-REVENUES>                              546,779
<CGS>                                               0         
<TOTAL-COSTS>                                 163,791 
<OTHER-EXPENSES>                                    0
<LOSS-PROVISION>                                    0
<INTEREST-EXPENSE>                                  0
<INCOME-PRETAX>                               375,597
<INCOME-TAX>                                        0
<INCOME-CONTINUING>                                 0
<DISCONTINUED>                                      0 
<EXTRAORDINARY>                                     0
<CHANGES>                                           0 
<NET-INCOME>                                  375,597
<EPS-PRIMARY>                                  124.68
<EPS-DILUTED>                                  124.68