<TABLE> <S> <C>


<ARTICLE>                     5
<CIK>                         0000748901
<NAME>                                                    PS PARTNERS IV, LTD.
<MULTIPLIER>                                                                 1
<CURRENCY>                                                               U.S.$
       
<S>                                                                        <C>
<PERIOD-TYPE>                                                            9-MOS
<FISCAL-YEAR-END>                                                  DEC-31-1998
<PERIOD-START>                                                      JAN-1-1998
<PERIOD-END>                                                       SEP-30-1998
<EXCHANGE-RATE>                                                              1
<CASH>                                                               3,035,000
<SECURITIES>                                                                 0
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<ALLOWANCES>                                                                 0
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<PP&E>                                                               1,631,000
<DEPRECIATION>                                                       (630,000)
<TOTAL-ASSETS>                                                      20,252,000
<CURRENT-LIABILITIES>                                                  155,000
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<OTHER-SE>                                                          20,097,000
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<CGS>                                                                        0
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<EPS-PRIMARY>                                                            13.55
<EPS-DILUTED>                                                            13.55
        

</TABLE>