<TABLE> <S> <C>


<ARTICLE>                     5
<CIK>                         0000748901
<NAME>                                                   PS PARTNERS IV, LTD.
<MULTIPLIER>                                                                1
<CURRENCY>                                                             U.S. $
       
<S>                                                                       <C>
<PERIOD-TYPE>                                                           3-MOS
<FISCAL-YEAR-END>                                                 DEC-31-1999
<PERIOD-START>                                                     JAN-1-1999
<PERIOD-END>                                                      MAR-31-1999
<EXCHANGE-RATE>                                                             1
<CASH>                                                                770,000
<SECURITIES>                                                                0
<RECEIVABLES>                                                               0
<ALLOWANCES>                                                                0
<INVENTORY>                                                                 0
<CURRENT-ASSETS>                                                      770,000
<PP&E>                                                              1,636,000
<DEPRECIATION>                                                      (664,000)
<TOTAL-ASSETS>                                                     17,578,000
<CURRENT-LIABILITIES>                                                 144,000
<BONDS>                                                                     0
<PREFERRED-MANDATORY>                                                       0
<PREFERRED>                                                                 0
<COMMON>                                                                    0
<OTHER-SE>                                                         17,434,000
<TOTAL-LIABILITY-AND-EQUITY>                                       17,578,000
<SALES>                                                                     0
<TOTAL-REVENUES>                                                      770,000
<CGS>                                                                       0
<TOTAL-COSTS>                                                          35,000
<OTHER-EXPENSES>                                                       40,000
<LOSS-PROVISION>                                                            0
<INTEREST-EXPENSE>                                                          0
<INCOME-PRETAX>                                                       695,000
<INCOME-TAX>                                                                0
<INCOME-CONTINUING>                                                   695,000
<DISCONTINUED>                                                              0
<EXTRAORDINARY>                                                             0
<CHANGES>                                                                   0
<NET-INCOME>                                                          695,000
<EPS-PRIMARY>                                                            2.55
<EPS-DILUTED>                                                            2.55
        

</TABLE>