<TABLE> <S> <C>


<ARTICLE>                     5
<LEGEND>
     This schedule contains summary financial information extracted from
     Quipp, Inc., Quarterly Report on Form 10-Q for the quarter ended
     June 30, 1998 and is qualified in its entirety by reference to such
     Form 10-Q.
</LEGEND>
       
<S>                             <C>                              <C>
<PERIOD-TYPE>                   3-MOS                            6-MOS
<FISCAL-YEAR-END>                              DEC-31-1998                      DEC-31-1998
<PERIOD-END>                                   JUN-30-1998                      JUN-30-1998
<CASH>                                         941,427                          941,427
<SECURITIES>                                   14,960,756                       14,960,756
<RECEIVABLES>                                  3,002,129                        3,002,129
<ALLOWANCES>                                   691,975                          691,975
<INVENTORY>                                    3,209,701                        3,209,701
<CURRENT-ASSETS>                               24,058,952                       24,058,952
<PP&E>                                         3,879,992                        3,879,992
<DEPRECIATION>                                 2,070,410                        2,070,410
<TOTAL-ASSETS>                                 26,422,854                       26,422,854
<CURRENT-LIABILITIES>                          5,064,113                        5,064,113
<BONDS>                                        1,050,000                        1,050,000
<PREFERRED-MANDATORY>                          0                                0
<PREFERRED>                                    0                                0
<COMMON>                                       16,370                           16,370
<OTHER-SE>                                     20,292,371                       20,292,371
<TOTAL-LIABILITY-AND-EQUITY>                   26,422,854                       26,422,854
<SALES>                                        7,043,107                        12,834,722
<TOTAL-REVENUES>                               7,043,107                        12,834,722
<CGS>                                          4,272,763                        7,931,167
<TOTAL-COSTS>                                  6,017,844                        10,969,408
<OTHER-EXPENSES>                               0                                0
<LOSS-PROVISION>                               0                                0
<INTEREST-EXPENSE>                             11,364                           22,145
<INCOME-PRETAX>                                1,179,164                        2,136,133
<INCOME-TAX>                                   403,036                          736,113
<INCOME-CONTINUING>                            776,128                          1,400,020
<DISCONTINUED>                                 0                                0
<EXTRAORDINARY>                                0                                0
<CHANGES>                                      0                                0
<NET-INCOME>                                   776,128                          1,400,020
<EPS-PRIMARY>                                  0.48                             0.87
<EPS-DILUTED>                                  0.46                             0.82
        


</TABLE>