<TABLE> <S> <C>

<ARTICLE>                     5
<CIK>                         0000763541
<NAME>                        PS PARTNERS V, LTD
<MULTIPLIER>                                                                1
<CURRENCY>                                                                 US
       
<S>                                                 <C>
<PERIOD-TYPE>                                                           9-MOS
<FISCAL-YEAR-END>                                                 DEC-31-1996
<PERIOD-START>                                                    JAN-01-1996
<PERIOD-END>                                                      SEP-30-1996
<EXCHANGE-RATE>                                                             1
<CASH>                                                                484,000
<SECURITIES>                                                                0
<RECEIVABLES>                                                         128,000
<ALLOWANCES>                                                                0
<INVENTORY>                                                                 0
<CURRENT-ASSETS>                                                      612,000
<PP&E>                                                            105,259,000
<DEPRECIATION>                                                    (35,306,000)
<TOTAL-ASSETS>                                                     70,795,000
<CURRENT-LIABILITIES>                                               1,336,000
<BONDS>                                                                     0
<PREFERRED-MANDATORY>                                                       0
<PREFERRED>                                                                 0
<COMMON>                                                                    0
<OTHER-SE>                                                         38,429,000
<TOTAL-LIABILITY-AND-EQUITY>                                       70,795,000
<SALES>                                                                     0
<TOTAL-REVENUES>                                                   11,912,000
<CGS>                                                                       0
<TOTAL-COSTS>                                                       4,605,000
<OTHER-EXPENSES>                                                    2,966,000
<LOSS-PROVISION>                                                            0
<INTEREST-EXPENSE>                                                    214,000
<INCOME-PRETAX>                                                     1,540,000
<INCOME-TAX>                                                                0
<INCOME-CONTINUING>                                                 1,540,000
<DISCONTINUED>                                                              0
<EXTRAORDINARY>                                                             0
<CHANGES>                                                                   0
<NET-INCOME>                                                        1,540,000
<EPS-PRIMARY>                                                            8.30
<EPS-DILUTED>                                                            8.30
        

</TABLE>