<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1997 <CASH> 8,958 <SECURITIES> 917,415 <RECEIVABLES> 9,202 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 975,708 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,348,119 <CURRENT-LIABILITIES> 267,116 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,081,003 <TOTAL-LIABILITY-AND-EQUITY> 2,348,119 <SALES> 0 <TOTAL-REVENUES> 116,391 <CGS> 0 <TOTAL-COSTS> 19,781 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 74,474 <EPS-PRIMARY> 0 <EPS-DILUTED> 0