WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE, SUBMITTED AS EXHIBIT 27.1 TO FORM 10-Q, CONTAINS SUMMARY
FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED CONDENSED BALANCE SHEET
AND STATEMENT OF INCOME OF KANSAS CITY SOUTHERN INDUSTRIES, INC., COMMISSION
FILE NUMBER 1-4717, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   QTR-1
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1996
<CASH>                                       9,800,000
<SECURITIES>                                         0
<RECEIVABLES>                              144,600,000
<ALLOWANCES>                                         0
<INVENTORY>                                 37,700,000
<CURRENT-ASSETS>                           243,200,000
<PP&E>                                   1,862,900,000
<DEPRECIATION>                             553,700,000
<TOTAL-ASSETS>                           2,026,800,000
<CURRENT-LIABILITIES>                      238,700,000
<BONDS>                                    728,100,000
<COMMON>                                       400,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  7,100,000
<OTHER-SE>                                 675,200,000
<TOTAL-LIABILITY-AND-EQUITY>             2,026,800,000
<SALES>                                              0
<TOTAL-REVENUES>                           201,300,000
<CGS>                                                0
<TOTAL-COSTS>                              160,800,000
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                          12,900,000
<INCOME-PRETAX>                             35,400,000
<INCOME-TAX>                                12,500,000
<INCOME-CONTINUING>                         19,900,000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                19,900,000
<EPS-PRIMARY>                                      .50
<EPS-DILUTED>                                        0