<ARTICLE> 5 <CIK> 0000099235 <NAME> TRANSCO REALTY TRUST <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <CASH> 5,516 <SECURITIES> 3,081,452 <RECEIVABLES> 177,086 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 17,676 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,490,267 <CURRENT-LIABILITIES> 1,333,853 <BONDS> 65,000 <COMMON> 4,147,196 <PREFERRED-MANDATORY> 1,000,000 <PREFERRED> 0 <OTHER-SE> (2,990,782) <TOTAL-LIABILITY-AND-EQUITY> 3,490,267 <SALES> 0 <TOTAL-REVENUES> 63,615 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 42,697 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 12,600 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,318 <EPS-PRIMARY> 0 <EPS-DILUTED> (.02)