<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the Statement
of Financial Condition at December 31, 1997 (Audited) and March 31, 1998
(Unaudited) and the Statement of Income for the year ended December 31, 1997
(Audited) and the three months ended March 31, 1998 (Unaudited) and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
       
                                                  
<PERIOD-TYPE>                   3-MOS                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1997
<PERIOD-END>                               MAR-31-1998             DEC-31-1997
<CASH>                                             777                     387
<SECURITIES>                                         0                       0
<RECEIVABLES>                                        0                       0
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                                   777                     387
<PP&E>                                          79,761                  79,761
<DEPRECIATION>                                     274                     274
<TOTAL-ASSETS>                                  80,264                  79,874
<CURRENT-LIABILITIES>                          119,027                  87,098
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                        10,330                  10,330
<OTHER-SE>                                    (76,693)                (45,154)
<TOTAL-LIABILITY-AND-EQUITY>                    80,264                  79,874
<SALES>                                              0                       0
<TOTAL-REVENUES>                                     0                       0
<CGS>                                                0                       0
<TOTAL-COSTS>                                        0                       0
<OTHER-EXPENSES>                                31,539                 116,984
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                   0                       0
<INCOME-PRETAX>                               (31,539)               (116,984)
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                           (31,539)               (116,984)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                  (31,539)               (116,984)
<EPS-PRIMARY>                                        0                       0
<EPS-DILUTED>                                        0                       0