<ARTICLE> 5
<LEGEND>
THIS RESTATED SCHEDULE, SUBMITTED AS EXHIBIT 27.1 TO FORM 10-K/A AMENDMENT
NO. 1, CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED
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>                   3-MOS            6-MOS            9-MOS
<FISCAL-YEAR-END>                 DEC-31-1996      DEC-31-1996      DEC-31-1996
<PERIOD-END>                      MAR-31-1996      JUN-30-1996      SEP-30-1996
<CASH>                              9,800,000       10,700,000       22,500,000
<SECURITIES>                                0                0                0
<RECEIVABLES>                     144,600,000      137,500,000      135,800,000
<ALLOWANCES>                                0                0                0
<INVENTORY>                        37,700,000       38,800,000       35,900,000
<CURRENT-ASSETS>                  243,200,000      282,000,000      297,900,000
<PP&E>                          1,862,900,000    1,890,700,000    1,920,500,000
<DEPRECIATION>                    553,700,000      570,700,000      581,200,000
<TOTAL-ASSETS>                  2,026,800,000    2,095,400,000    2,196,600,000
<CURRENT-LIABILITIES>             238,700,000      238,900,000      245,300,000
<BONDS>                           728,100,000      804,000,000      831,300,000
<PREFERRED-MANDATORY>                       0                0                0
<PREFERRED>                         7,100,000        7,100,000        7,100,000
<COMMON>                              400,000          400,000          400,000
<OTHER-SE>                        675,200,000      655,600,000      701,600,000
<TOTAL-LIABILITY-AND-EQUITY>    2,026,800,000    2,095,400,000    2,196,600,000
<SALES>                                     0                0                0
<TOTAL-REVENUES>                  201,300,000      408,200,000      626,400,000
<CGS>                                       0                0                0
<TOTAL-COSTS>                     160,800,000      322,000,000      480,000,000
<OTHER-EXPENSES>                            0                0                0
<LOSS-PROVISION>                            0                0                0
<INTEREST-EXPENSE>                 12,900,000       27,100,000       43,200,000
<INCOME-PRETAX>                    35,400,000       77,400,000      180,400,000
<INCOME-TAX>                       12,500,000       28,200,000       50,700,000
<INCOME-CONTINUING>                19,900,000       42,300,000      118,400,000
<DISCONTINUED>                              0                0                0
<EXTRAORDINARY>                             0                0                0
<CHANGES>                                   0                0                0
<NET-INCOME>                       19,900,000       42,300,000      118,400,000
<EPS-PRIMARY>                             .17              .37             1.03
<EPS-DILUTED>                             .17              .35             1.02