<ARTICLE> 5 <CIK> 0000796529 <NAME> HANOVER LEASE INCOME LIMITED PARTNERSHIP FDS 9/30/97 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 12,275 <SECURITIES> 0 <RECEIVABLES> 17,484 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 29,759 <PP&E> 5,032,434 <DEPRECIATION> 5,032,434 <TOTAL-ASSETS> 29,759 <CURRENT-LIABILITIES> 125,070 <BONDS> 0 <PREFERRED-MANDATORY> 25,570,053 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (25,665,364) <TOTAL-LIABILITY-AND-EQUITY> 29,759 <SALES> 58,267 <TOTAL-REVENUES> 255,621 <CGS> 0 <TOTAL-COSTS> 2,913 <OTHER-EXPENSES> 120,289 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 132,419 <INCOME-TAX> 0 <INCOME-CONTINUING> 132,419 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 132,419 <EPS-PRIMARY> 2.23 <EPS-DILUTED> 0