<ARTICLE> 5

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                         1800174
<SECURITIES>                                   2671900
<RECEIVABLES>                                   278978
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                          916811
<DEPRECIATION>                                  529230
<TOTAL-ASSETS>                                20505740
<CURRENT-LIABILITIES>                                0
<BONDS>                                        6198170
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         94600
<OTHER-SE>                                     7862573
<TOTAL-LIABILITY-AND-EQUITY>                  20505740
<SALES>                                        5813280
<TOTAL-REVENUES>                               6458228
<CGS>                                          1200183
<TOTAL-COSTS>                                  1408990
<OTHER-EXPENSES>                               1603457
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              467295
<INCOME-PRETAX>                                3445781
<INCOME-TAX>                                   1378000
<INCOME-CONTINUING>                            2067781
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   2067781
<EPS-BASIC>                                       2.58
<EPS-DILUTED>                                     2.58