<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>                       49,301,167
<INVESTMENTS-AT-VALUE>                      31,834,306
<RECEIVABLES>                                1,992,264
<ASSETS-OTHER>                                   6,017
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              86,501,325
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      302,896
<TOTAL-LIABILITIES>                            302,896
<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>                   (17,466,866)
<NET-ASSETS>                                86,198,429
<DIVIDEND-INCOME>                              122,907
<INTEREST-INCOME>                            1,239,358
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 540,379
<NET-INVESTMENT-INCOME>                        821,886
<REALIZED-GAINS-CURRENT>                    20,466,783
<APPREC-INCREASE-CURRENT>                  (24,011,536)
<NET-CHANGE-FROM-OPS>                       (2,722,867)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   15,068,340
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                        6,651,359
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (24,509,745)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          369,616
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                540,379
<AVERAGE-NET-ASSETS>                        98,453,302
<PER-SHARE-NAV-BEGIN>                           383.53
<PER-SHARE-NII>                                   2.86
<PER-SHARE-GAIN-APPREC>                         (83.52)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        76.28
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             297.78
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>