<TABLE> <S> <C>


<ARTICLE>                     5
<LEGEND>
     (Replace this text with the legend)
</LEGEND>
<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-01-1998
<PERIOD-END>                                                  MAR-31-1998
<EXCHANGE-RATE>                                                         1
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<SECURITIES>                                                            0
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<ALLOWANCES>                                                            0
<INVENTORY>                                                             0
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<PP&E>                                                         70,180,000
<DEPRECIATION>                                               (32,903,000)
<TOTAL-ASSETS>                                                 53,277,000
<CURRENT-LIABILITIES>                                             797,000
<BONDS>                                                                 0
<PREFERRED-MANDATORY>                                                   0
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<CGS>                                                                   0
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<INTEREST-EXPENSE>                                                      0
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<INCOME-TAX>                                                            0
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<EPS-PRIMARY>                                                        7.92
<EPS-DILUTED>                                                        7.92
        

</TABLE>