<ARTICLE>                              5
<LEGEND>
This schedule contains summary financial information primarily extracted from
Capita Preferred Trust's unaudited consolidated income statement and balance
sheet as of and for the six months ended June 30, 1997 and is qualified in its
entirety by reference to such unaudited consolidated financial statements.
</LEGEND>
       
                                    
<PERIOD-TYPE>                          3-MOS
<FISCAL-YEAR-END>                      DEC-31-1997
<PERIOD-END>                           JUN-30-1997
<CASH>                                           0
<SECURITIES>                                     0
<RECEIVABLES>                                    0
<ALLOWANCES>                                     0
<INVENTORY>                                      0
<CURRENT-ASSETS>                                 0<F2>
<PP&E>                                           0
<DEPRECIATION>                                   0<F1>
<TOTAL-ASSETS>                             206,186
<CURRENT-LIABILITIES>                            0<F2>
<BONDS>                                          0
<COMMON>                                     6,186
<PREFERRED-MANDATORY>                            0
<PREFERRED>                                200,000
<OTHER-SE>                                       0
<TOTAL-LIABILITY-AND-EQUITY>               206,186
<SALES>                                          0
<TOTAL-REVENUES>                             9,340
<CGS>                                            0
<TOTAL-COSTS>                                    0
<OTHER-EXPENSES>                                 0
<LOSS-PROVISION>                                 0
<INTEREST-EXPENSE>                               0
<INCOME-PRETAX>                              9,340
<INCOME-TAX>                                     0
<INCOME-CONTINUING>                          9,340
<DISCONTINUED>                                   0
<EXTRAORDINARY>                                  0
<CHANGES>                                        0
<NET-INCOME>                                 9,340
<EPS-PRIMARY>                                    0
<EPS-DILUTED>                                    0
        


<FN>
*     In accordance with Regulation S-K item 601(c) 2, inapplicable or
      immaterial financial data is reflected as zero value.

<F1>  Accumulated depreciation relates to equipment under operating leases.

<F2>  This item is not applicable since the Company does not prepare a
      classified balance sheet.
</FN>