<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
     This schedule contains summary information extracted from the first quarter
of 1998 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-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       29,555,708
<INVESTMENTS-AT-VALUE>                       5,061,329
<RECEIVABLES>                                1,936,667
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              16,220,416
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       98,363
<TOTAL-LIABILITIES>                             98,363
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                          284,611
<SHARES-COMMON-PRIOR>                          284,611
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (24,494,381)
<NET-ASSETS>                                16,122,053
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               67,271
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 422,161
<NET-INVESTMENT-INCOME>                       (354,890)
<REALIZED-GAINS-CURRENT>                     3,107,256
<APPREC-INCREASE-CURRENT>                   (8,941,364)
<NET-CHANGE-FROM-OPS>                       (6,188,998)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,423,160
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                          987,600
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      (8,609,733)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          281,413
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                422,161
<AVERAGE-NET-ASSETS>                        20,426,920
<PER-SHARE-NAV-BEGIN>                            82.91
<PER-SHARE-NII>                                  (1.23)
<PER-SHARE-GAIN-APPREC>                          10.81 
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                         8.47
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              52.91
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>