"Exhibit 99.1"
                                
                                
NEWS RELEASE - SEPTEMBER 1, 1995
KANSAS CITY SOUTHERN INDUSTRIES, INC. ANNOUNCES DST FILES REGISTRATION
STATEMENT

Kansas City Southern Industries, Inc. ("KCSI") (New York Stock Exchange/KSU)
today announced that its wholly-owned subsidiary DST Systems, Inc. ("DST") has
filed a registration statement with the Securities and Exchange Commission for
the public offering of 22,000,000 shares of DST's common stock.  KCSI
indicated that 21,500,000 shares will be offered by DST and 500,000 shares by
KCSI.  DST plans to complete the offering in the last quarter of this year
subject to market conditions.  The proceeds of the shares offered by DST will
be used both to reduce existing debt, including debt to KCSI, and for working
capital.  The managing underwriters are Merrill Lynch & Co., CS First Boston,
Salomon Brothers Inc and Schroder Wertheim & Co.  DST provides sophisticated
information processing and computer software services and products, primarily
to mutual funds, insurance providers, banks and other financial services
organizations.

A REGISTRATION STATEMENT RELATING TO THESE SECURITIES HAS BEEN FILED WITH THE
SECURITIES AND EXCHANGE COMMISSION BUT HAS NOT YET BECOME EFFECTIVE.  THESE
SECURITIES MAY NOT BE SOLD NOR MAY OFFERS TO BUY BE ACCEPTED PRIOR TO THE TIME
THE REGISTRATION STATEMENT BECOMES EFFECTIVE.  THIS COMMUNICATION SHALL NOT
CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION TO BUY NOR SHALL THERE BE ANY
SALE OF THESE SECURITIES IN ANY STATE IN WHICH SUCH OFFER, SOLICITATION OR
SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATIONS UNDER THE
SECURITIES LAWS OF ANY SUCH STATE.