<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 754,000 <SECURITIES> 2,667,000 <RECEIVABLES> 2,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,423,000 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,423,000 <CURRENT-LIABILITIES> 48,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 3,423,000 <SALES> 0 <TOTAL-REVENUES> 380,000 <CGS> 0 <TOTAL-COSTS> 145,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 235,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 235,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 235,000 <EPS-PRIMARY> 117.74 <EPS-DILUTED> 0