<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM PITNEY BOWES INC.
CONSOLIDATED BALANCE SHEET, CONSOLIDATED STATEMENT OF INCOME, CORRESPONDING
FOOTNOTE #3 FIXED ASSETS AND STATEMENT RE COMPUTATION OF PER SHARE EARNINGS AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                         136,805
<SECURITIES>                                     1,385
<RECEIVABLES>                                  402,867
<ALLOWANCES>                                    16,395
<INVENTORY>                                    418,320
<CURRENT-ASSETS>                             2,128,024
<PP&E>                                       1,166,080
<DEPRECIATION>                                 611,690
<TOTAL-ASSETS>                               7,651,921
<CURRENT-LIABILITIES>                        3,601,848
<BONDS>                                      1,051,528
<COMMON>                                       323,338
<PREFERRED-MANDATORY>                          200,000
<PREFERRED>                                      2,687
<OTHER-SE>                                   1,554,628
<TOTAL-LIABILITY-AND-EQUITY>                 7,651,921
<SALES>                                        734,801
<TOTAL-REVENUES>                             1,701,515
<CGS>                                          446,277
<TOTAL-COSTS>                                  659,079
<OTHER-EXPENSES>                               619,874
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             118,961
<INCOME-PRETAX>                                303,601
<INCOME-TAX>                                   109,263
<INCOME-CONTINUING>                            194,338
<DISCONTINUED>                                  20,997
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   215,335
<EPS-PRIMARY>                                     1.42
<EPS-DILUTED>                                     1.42