<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary  information  extracted from the first quarter of
1997 Form 10-Q Balance  Sheets and  Statements of Operations and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
       
<S>                                       <C>
<PERIOD-TYPE>                              3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               MAR-31-1997
<INVESTMENTS-AT-COST>                      106,351,259
<INVESTMENTS-AT-VALUE>                      95,826,723
<RECEIVABLES>                                  293,415
<ASSETS-OTHER>                                 868,196
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              96,988,334
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      157,664
<TOTAL-LIABILITIES>                            157,664
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                          487,489
<SHARES-COMMON-PRIOR>                          487,489
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (10,530,439) 
<NET-ASSETS>                                96,830,669
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              348,206
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 900,873
<NET-INVESTMENT-INCOME>                       (552,667)
<REALIZED-GAINS-CURRENT>                       361,480
<APPREC-INCREASE-CURRENT>                      284,027
<NET-CHANGE-FROM-OPS>                           92,840
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (870,646)
<DISTRIBUTIONS-OF-GAINS>                   121,277,058
<DISTRIBUTIONS-OTHER>                       57,955,482
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        (557,169)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          296,691
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                900,873
<AVERAGE-NET-ASSETS>                        97,109,254
<PER-SHARE-NAV-BEGIN>                           197.07
<PER-SHARE-NII>                                  (1.12)
<PER-SHARE-GAIN-APPREC>                            .58
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                         1.32
<RETURNS-OF-CAPITAL>                            117.76
<PER-SHARE-NAV-END>                             195.94
<EXPENSE-RATIO>                                  0.001
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>