<TABLE> <S> <C>


<ARTICLE>                     5
<CIK>                         0000727069
<NAME>                                                    PS PARTNERS II, LTD.
<MULTIPLIER>                                                                 1
<CURRENCY>                                                              U.S. $
       
<S>                                                                        <C>
<PERIOD-TYPE>                                                            3-MOS
<FISCAL-YEAR-END>                                                  DEC-31-1998
<PERIOD-START>                                                      JAN-1-1998
<PERIOD-END>                                                       MAR-31-1998
<EXCHANGE-RATE>                                                              1
<CASH>                                                               1,550,000
<SECURITIES>                                                                 0
<RECEIVABLES>                                                           26,000
<ALLOWANCES>                                                                 0
<INVENTORY>                                                                  0
<CURRENT-ASSETS>                                                     1,576,000
<PP&E>                                                              14,930,000
<DEPRECIATION>                                                     (6,887,000)
<TOTAL-ASSETS>                                                      37,725,000
<CURRENT-LIABILITIES>                                                  112,000
<BONDS>                                                                      0
<PREFERRED-MANDATORY>                                                        0
<PREFERRED>                                                                  0
<COMMON>                                                                     0
<OTHER-SE>                                                          37,613,000
<TOTAL-LIABILITY-AND-EQUITY>                                        37,725,000
<SALES>                                                                      0
<TOTAL-REVENUES>                                                     1,564,000
<CGS>                                                                        0
<TOTAL-COSTS>                                                          243,000
<OTHER-EXPENSES>                                                       178,000
<LOSS-PROVISION>                                                             0
<INTEREST-EXPENSE>                                                           0
<INCOME-PRETAX>                                                      1,143,000
<INCOME-TAX>                                                                 0
<INCOME-CONTINUING>                                                  1,143,000
<DISCONTINUED>                                                               0
<EXTRAORDINARY>                                                              0
<CHANGES>                                                                    0
<NET-INCOME>                                                         1,143,000
<EPS-PRIMARY>                                                             7.92
<EPS-DILUTED>                                                             7.92
        

</TABLE>