<TABLE> <S> <C>
<ARTICLE> BD
<LEGEND>
The schedule contains summary financial information extracted from the condensed
consolidated financial statements and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<CASH> 1,794,238
<RECEIVABLES> 20,970,504
<SECURITIES-RESALE> 28,281,810
<SECURITIES-BORROWED> 34,891,468
<INSTRUMENTS-OWNED> 28,891,458
<PP&E> 662,897
<TOTAL-ASSETS> 118,012,571
<SHORT-TERM> 1,048,229
<PAYABLES> 17,094,104
<REPOS-SOLD> 52,086,225
<SECURITIES-LOANED> 14,151,409
<INSTRUMENTS-SOLD> 17,934,843
<LONG-TERM> 7,358,535
200,000
375,000
<COMMON> 12,781
<OTHER-SE> 3,929,384
<TOTAL-LIABILITY-AND-EQUITY> 118,012,571
<TRADING-REVENUE> 599,008
<INTEREST-DIVIDENDS> 1,899,781
<COMMISSIONS> 840,176
<INVESTMENT-BANKING-REVENUES> 963,067
<FEE-REVENUE> 70,452
<INTEREST-EXPENSE> 1,426,817
<COMPENSATION> 1,914,323
<INCOME-PRETAX> 646,700
<INCOME-PRE-EXTRAORDINARY> 407,400
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 407,400
<EPS-BASIC> 3.10
<EPS-DILUTED> 2.87
</TABLE>