<TABLE> <S> <C>


<ARTICLE>                     5
<CIK>                         0000748901
<NAME>                                                 PS PARTNERS IV, LTD.
<MULTIPLIER>                                                              1
<CURRENCY>                                                           U.S. $
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                         6-MOS
<FISCAL-YEAR-END>                                               DEC-31-1997
<PERIOD-START>                                                   JAN-1-1997
<PERIOD-END>                                                    JUN-30-1997
<EXCHANGE-RATE>                                                           1
<CASH>                                                              801,000
<SECURITIES>                                                              0
<RECEIVABLES>                                                        89,000
<ALLOWANCES>                                                              0
<INVENTORY>                                                               0
<CURRENT-ASSETS>                                                    890,000
<PP&E>                                                           59,982,000
<DEPRECIATION>                                                 (21,308,000)
<TOTAL-ASSETS>                                                   59,634,000
<CURRENT-LIABILITIES>                                               970,000
<BONDS>                                                                   0
<PREFERRED-MANDATORY>                                                     0
<PREFERRED>                                                               0
<COMMON>                                                                  0
<OTHER-SE>                                                       19,644,000
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<SALES>                                                                   0
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<CGS>                                                                     0
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<LOSS-PROVISION>                                                          0
<INTEREST-EXPENSE>                                                        0
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<INCOME-TAX>                                                              0
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<DISCONTINUED>                                                            0
<EXTRAORDINARY>                                                           0
<CHANGES>                                                                 0
<NET-INCOME>                                                        874,000
<EPS-PRIMARY>                                                          5.98
<EPS-DILUTED>                                                          5.98
        

</TABLE>