<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, 1998 and is qualified in its
entirety by reference to such unaudited consolidated financial statements.
</LEGEND>
<MULTIPLIER>                1,000
       
                         
<PERIOD-TYPE>               6-MOS
<FISCAL-YEAR-END>           DEC-31-1998
<PERIOD-END>                JUN-30-1998
<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 Trust does not prepare
     a classified balance sheet.
</FN>