<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> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               SEP-30-1995
<CASH>                                         135,157
<SECURITIES>                                     1,661
<RECEIVABLES>                                  386,660
<ALLOWANCES>                                    14,640
<INVENTORY>                                    331,021
<CURRENT-ASSETS>                             2,065,951
<PP&E>                                       1,077,656
<DEPRECIATION>                                 569,463
<TOTAL-ASSETS>                               7,689,475
<CURRENT-LIABILITIES>                        3,411,156
<BONDS>                                      1,051,016
<COMMON>                                       323,338
<PREFERRED-MANDATORY>                          200,000
<PREFERRED>                                      2,649
<OTHER-SE>                                   1,757,144
<TOTAL-LIABILITY-AND-EQUITY>                 7,689,475
<SALES>                                      1,107,690
<TOTAL-REVENUES>                             2,577,646
<CGS>                                          676,784
<TOTAL-COSTS>                                1,006,791
<OTHER-EXPENSES>                               945,980
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             170,484
<INCOME-PRETAX>                                454,391
<INCOME-TAX>                                   159,313
<INCOME-CONTINUING>                            295,078
<DISCONTINUED>                                 175,431
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   470,509
<EPS-PRIMARY>                                     3.09
<EPS-DILUTED>                                     3.09