<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 12,484 <SECURITIES> 392,695 <RECEIVABLES> 1,413,607 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 450,068 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,818,786 <CURRENT-LIABILITIES> 280,120 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,538,666 <TOTAL-LIABILITY-AND-EQUITY> 1,818,786 <SALES> 0 <TOTAL-REVENUES> 151,251 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 64,409 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 86,842 <INCOME-TAX> 0 <INCOME-CONTINUING> 86,842 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 86,842 <EPS-PRIMARY> 0 <EPS-DILUTED> 0