SECURITIES AND EXCHANGE COMMISSION

                        WASHINGTON, D.C. 20549

                               FORM 8-K


                            CURRENT REPORT
                Pursuant to Section 13 or 15(d) of the
                   Securities Exchange Act of 1934


          Date of Report (Date of earliest event reported):
                           January 10, 2000


                KANSAS CITY SOUTHERN INDUSTRIES, INC.
         (Exact name of company as specified in its charter)


            DELAWARE                    1-4717                  44-0663509
  (State or other jurisdiction     (Commission file           (IRS Employer
        of incorporation)               number)          Identification Number)


           114 West 11th Street, Kansas City, Missouri 64105
          (Address of principal executive offices) (Zip Code)


            Company's telephone number, including area code:
                            (816) 983 - 1303


                             Not Applicable
      (Former name or former address if changed since last report)








<PAGE>

Item 5.          Other Events

On January 10, 2000, Kansas City Southern Industries, Inc. ("KCSI" or "Company")
announced  the  consideration  to be paid with respect to the cash tender offers
and consent  solicitations  for the Company's  outstanding $400 million in notes
and debentures.

On January 13, 2000, KCSI announced the completion of its bank facilities, which
allowed the  Company to accept and pay the  consideration  for validly  tendered
notes and debentures pursuant to the Offers to Purchase and Consent Solicitation
Statement  dated  December  6, 1999.  Approximately  $398.4  million of the $400
million  outstanding  notes and  debentures  were  tendered  resulting  in total
consideration paid of approximately $401.2 million.



Item 7.          Financial Statements and Exhibits

(c)              Exhibits

                 Exhibit No.          Document
                 (99)                 Additional Exhibits

                 99.1                 Press Release issued by Kansas City
                                      Southern Industries, Inc. dated
                                      January 10,  2000 entitled, "Kansas
                                      City Southern Industries Sets
                                      Purchase Price and Total Consideration
                                      in Tender Offers and Consent
                                      Solicitations", is attached hereto as
                                      Exhibit 99.1


                 99.2                 Press Release issued by Kansas City
                                      Southern Industries, Inc. dated January
                                      13, 2000 entitled, "Kansas City Southern
                                      Industries, Inc. Announces Completion Of
                                      Bond Tenders and Solicitations", is
                                      attached hereto as Exhibit 99.2



<PAGE>




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly  caused  this  Report  to be signed  on its  behalf by the  undersigned
hereunto duly authorized.


                                 Kansas City Southern Industries, Inc.


Date: January 18, 2000         By:         /s/  Louis G. Van Horn
                                  -------------------------------------------
                                              Louis G. Van Horn
                                       Vice President and Comptroller
                                       (Principal Accounting Officer)


<PAGE>


EXHIBIT 99.1

Contact:                                   KCSI
    Landon H. Rowland (816-983-1393)       Kansas City Southern Industries, Inc.
    Chairman, President and
     Chief Executive Officer                                114 West 11th Street
                                                     Kansas City, Missouri 64105
    Joseph D. Monello (816-983-1213)
    Vice President & Chief Financial Officer
NYSE Symbol: KSU
                                   Release No. 2000-02:   Date: January 10, 2000

                                  NEWS RELEASE
         KANSAS CITY SOUTHERN INDUSTRIES SETS PURCHASE PRICE AND TOTAL
            CONSIDERATION IN TENDER OFFERS AND CONSENT SOLICITATIONS

Kansas City, Missouri

Kansas City Southern Industries,  Inc. ("KCSI" or the "Company",  NYSE: KSU), on
December 6, 1999,  commenced offers to purchase and consent  solicitations  with
respect to any and all of its  outstanding  7.875%  Notes due July 1, 2002,  its
6.625% Notes due March 1, 2005, its 8.8% Debentures due July 1, 2022, and its 7%
Debentures  due  December  15,  2025  (collectively,   the  "Debt  Securities").
Approximately  $398.4 million of the $400 million  outstanding  Debt  Securities
have been tendered pursuant to such tender offers and consent solicitations. The
Company  announced today the  consideration  to be paid for such Debt Securities
validly tendered. The tender offers and consent solicitations are subject to the
terms and conditions set forth in the Offer to Purchase and Consent Solicitation
Statement  dated  December 6, 1999,  and will expire at 9:00 a.m., New York City
time, January 11, 2000 (the "Expiration Time").

The consideration for each $1,000 principal amount of applicable Debt Securities
properly  tendered and accepted for payment is set forth in the table below. The
total  consideration  includes a consent payment of $25.00 per $1,000  principal
amount of Debt  Securities  for which a valid consent was received by 5:00 p.m.,
New York  City  time,  on  December  17,  1999.  Holders  tendering  their  Debt
Securities  after the  December  17,  1999  consent  deadline,  but prior to the
Expiration  Time will  receive  the  purchase  price,  as set forth in the table
below, but not the consent payment.  Holders  tendering the Debt Securities will
also  receive  accrued  and  unpaid  interest  up to,  but  not  including,  the
settlement  date of  January  11,  2000,  as set forth in the table  below.  The
consideration  to be paid in the tender  offers and  consent  solicitations  was
determined as of 12:00 noon,  New York City time,  on January 7, 2000,  based on
the yield on the  applicable  United States  Treasury  security (the  "Reference
Security"), plus the applicable fixed spread, as set forth in the table below.

<TABLE>
<CAPTION>
                                                  Tender                                                         Accrued &
       Security           Reference      Fixed      Offer             Total           Consent      Purchase        Unpaid
     Description          Security      Spread      Yield         Consideration       Payment       Price         Interest
     -----------          --------      ------      -----         -------------       -------       -----         --------
<S>                     <C>            <C>        <C>                <C>             <C>         <C>              <C>
                           ($ amounts per $1,000 principal amount of Debt Securities)
7.875% Notes due        6.25% due      0.35%      6.717%             $1,025.94       $25.00      $1,000.94          $2.19
7/1/02                  6/30/02
6.625% Notes due        5.875% due     0.50%      6.951%               $986.00       $25.00        $961.00         $23.92
3/1/05                  11/15/04
8.8% Debentures due     6.25% due      0.50%      6.867%             $1,077.42       $25.00      $1,052.42          $2.44
7/1/22                  6/30/02
7% Debentures due       5.25% due      0.875%     7.544%               $938.38       $25.00        $913.38          $5.06
12/15/25                2/15/29
</TABLE>

Merrill  Lynch & Co. is the exclusive  Dealer  Manager for the tender offers and
the exclusive  Solicitation  Agent for the consent  solicitations.  Questions or
requests  for   assistance   may  be  directed  to  Merrill  Lynch   (telephone:
888-654-8637).  Requests  for  documentation  may be  directed  to  Beacon  Hill
Partners,  Inc., the Information  Agent (telephone:  800-755-5001).

Kansas City  Southern  Industries,  Inc. is a diversified  holding  company with
operations in the railroad  transportation  and financial  services  industries.
KCSI's wholly owned railroad transportation  subsidiaries,  Kansas City Southern
Railway and Gateway Western Railway, are held within Kansas City Southern Lines,
Inc. In  addition,  KCSI has an equity  interest in  Transportacion  Ferroviaria
Mexicana,  S.A. de C.V. and Mexrail, Inc. KCSI's financial services subsidiaries
and investments are held within Stilwell Financial,  Inc.,  including primarily:
Janus  Capital  Corporation,  Berger  LLC,  Nelson  Money  Managers  plc and DST
Systems, Inc.


              *******************************************

This  news  release  includes  statements  concerning  potential  future  events
involving  the  Company,  which  could  materially  differ  from the events that
actually occur. The differences could be caused by a number of factors including
those factors  identified in KCSI's  December 31, 1998 Form 10-K and the Current
Report on Form  8-K/A  dated June 3, 1997,  each filed by the  Company  with the
Securities and Exchange  Commission  (Commission  file no. 1-4717).  The Company
will not update any  forward-looking  statements in this news release to reflect
future events or developments.















<PAGE>


EXHIBIT 99.2

Contact:                                   KCSI
    Landon H. Rowland  (816) 983-1393      Kansas City Southern Industries, Inc.
    Chairman, President and
      Chief Executive Officer                               114 West 11th Street
                                                     Kansas City, Missouri 64105
    Joseph D. Monello (816) 983-1213
    Vice President & Chief Financial Officer
NYSE Symbol: KSU
                                   Release No. 2000-03:   Date: January 13, 2000


                             NEWS RELEASE
                KANSAS CITY SOUTHERN INDUSTRIES, INC.
        ANNOUNCES COMPLETION OF BOND TENDERS AND SOLICITATIONS

Kansas City, Missouri

         Kansas City Southern Industries, Inc. ("KCSI", NYSE: KSU) announced the
completion  of its bank  facilities  on January 11, 2000 which  allowed  KCSI to
accept and pay the  consideration  for  validly  tendered  notes and  debentures
pursuant to the Offers to  Purchase  and Consent  Solicitation  Statement  dated
December 6, 1999.  Approximately  $398.4 million of the $400 million outstanding
notes and debentures were repurchased.

         The notes and debentures  repurchased consisted of approximately 99% of
the 7.875%  Notes due July 1, 2002;  approximately  98% of the 6.625%  Notes due
March 1, 2005;  100% of the 8.8%  Debentures due July 1, 2022 and  approximately
99% of the 7% Debentures due December 15, 2025.


       ****************************************************************

This  news  release  includes  statements  concerning  potential  future  events
involving  the  Company,  which  could  materially  differ  from the events that
actually occur. The differences could be caused by a number of factors including
those factors  identified in KCSI's  December 31, 1998 Form 10-K and the Current
Report on Form  8-K/A  dated June 3, 1997,  each filed by the  Company  with the
Securities and Exchange  Commission  (Commission  File No. 1-4717).  The Company
will not update any  forward-looking  statements in this news release to reflect
future events of developments.
[{"type": "8-K", "sequence": "1", "description": "8-K", "secsgml_size_bytes": 11671}]
{"company-data": {"conformed-name": "KANSAS CITY SOUTHERN INDUSTRIES INC", "cik": "0000054480", "assigned-sic": "4011", "irs-number": "440663509", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-04717", "film-number": "508994"}, "business-address": {"street1": "114 W 11TH ST", "city": "KANSAS CITY", "state": "MO", "zip": "64105", "phone": "8169831303"}, "mail-address": {"street1": "114 WEST 11TH STREET", "city": "KANSAS CITY", "state": "MO", "zip": "64105"}}
SECURITIES AND EXCHANGE COMMISSION

                        WASHINGTON, D.C. 20549

                               FORM 8-K

                            CURRENT REPORT
                Pursuant to Section 13 or 15(d) of the
                   Securities Exchange Act of 1934

          Date of Report (Date of earliest event reported):
                           January 10, 2000

                KANSAS CITY SOUTHERN INDUSTRIES, INC.
         (Exact name of company as specified in its charter)

            DELAWARE                    1-4717                  44-0663509
  (State or other jurisdiction     (Commission file           (IRS Employer
        of incorporation)               number)          Identification Number)

           114 West 11th Street, Kansas City, Missouri 64105
          (Address of principal executive offices) (Zip Code)

            Company's telephone number, including area code:
                            (816) 983 - 1303

                             Not Applicable
      (Former name or former address if changed since last report)
Item 5.          Other Events

On January 10, 2000, Kansas City Southern Industries, Inc. ("KCSI" or "Company")
announced  the  consideration  to be paid with respect to the cash tender offers
and consent  solicitations  for the Company's  outstanding $400 million in notes
and debentures.

On January 13, 2000, KCSI announced the completion of its bank facilities, which
allowed the  Company to accept and pay the  consideration  for validly  tendered
notes and debentures pursuant to the Offers to Purchase and Consent Solicitation
Statement  dated  December  6, 1999.  Approximately  $398.4  million of the $400
million  outstanding  notes and  debentures  were  tendered  resulting  in total
consideration paid of approximately $401.2 million.

Item 7.          Financial Statements and Exhibits

(c)              Exhibits

                 Exhibit No.          Document
                 (99)                 Additional Exhibits

                 99.1                 Press Release issued by Kansas City
                                      Southern Industries, Inc. dated
                                      January 10,  2000 entitled, "Kansas
                                      City Southern Industries Sets
                                      Purchase Price and Total Consideration
                                      in Tender Offers and Consent
                                      Solicitations", is attached hereto as
                                      Exhibit 99.1

                 99.2                 Press Release issued by Kansas City
                                      Southern Industries, Inc. dated January
                                      13, 2000 entitled, "Kansas City Southern
                                      Industries, Inc. Announces Completion Of
                                      Bond Tenders and Solicitations", is
                                      attached hereto as Exhibit 99.2
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly  caused  this  Report  to be signed  on its  behalf by the  undersigned
hereunto duly authorized.

                                 Kansas City Southern Industries, Inc.

Date: January 18, 2000         By:         /s/  Louis G. Van Horn
                                  -------------------------------------------
                                              Louis G. Van Horn
                                       Vice President and Comptroller
                                       (Principal Accounting Officer)
EXHIBIT 99.1

Contact:                                   KCSI
    Landon H. Rowland (816-983-1393)       Kansas City Southern Industries, Inc.
    Chairman, President and
     Chief Executive Officer                                114 West 11th Street
                                                     Kansas City, Missouri 64105
    Joseph D. Monello (816-983-1213)
    Vice President & Chief Financial Officer
NYSE Symbol: KSU
                                   Release No. 2000-02:   Date: January 10, 2000

                                  NEWS RELEASE
         KANSAS CITY SOUTHERN INDUSTRIES SETS PURCHASE PRICE AND TOTAL
            CONSIDERATION IN TENDER OFFERS AND CONSENT SOLICITATIONS

Kansas City, Missouri

Kansas City Southern Industries,  Inc. ("KCSI" or the "Company",  NYSE: KSU), on
December 6, 1999,  commenced offers to purchase and consent  solicitations  with
respect to any and all of its  outstanding  7.875%  Notes due July 1, 2002,  its
6.625% Notes due March 1, 2005, its 8.8% Debentures due July 1, 2022, and its 7%
Debentures  due  December  15,  2025  (collectively,   the  "Debt  Securities").
Approximately  $398.4 million of the $400 million  outstanding  Debt  Securities
have been tendered pursuant to such tender offers and consent solicitations. The
Company  announced today the  consideration  to be paid for such Debt Securities
validly tendered. The tender offers and consent solicitations are subject to the
terms and conditions set forth in the Offer to Purchase and Consent Solicitation
Statement  dated  December 6, 1999,  and will expire at 9:00 a.m., New York City
time, January 11, 2000 (the "Expiration Time").

The consideration for each $1,000 principal amount of applicable Debt Securities
properly  tendered and accepted for payment is set forth in the table below. The
total  consideration  includes a consent payment of $25.00 per $1,000  principal
amount of Debt  Securities  for which a valid consent was received by 5:00 p.m.,
New York  City  time,  on  December  17,  1999.  Holders  tendering  their  Debt
Securities  after the  December  17,  1999  consent  deadline,  but prior to the
Expiration  Time will  receive  the  purchase  price,  as set forth in the table
below, but not the consent payment.  Holders  tendering the Debt Securities will
also  receive  accrued  and  unpaid  interest  up to,  but  not  including,  the
settlement  date of  January  11,  2000,  as set forth in the table  below.  The
consideration  to be paid in the tender  offers and  consent  solicitations  was
determined as of 12:00 noon,  New York City time,  on January 7, 2000,  based on
the yield on the  applicable  United States  Treasury  security (the  "Reference
Security"), plus the applicable fixed spread, as set forth in the table below.
Tender                                                         Accrued &
       Security           Reference      Fixed      Offer             Total           Consent      Purchase        Unpaid
     Description          Security      Spread      Yield         Consideration       Payment       Price         Interest
     -----------          --------      ------      -----         -------------       -------       -----         --------
($ amounts per $1,000 principal amount of Debt Securities)
7.875% Notes due        6.25% due      0.35%      6.717%             $1,025.94       $25.00      $1,000.94          $2.19
7/1/02                  6/30/02
6.625% Notes due        5.875% due     0.50%      6.951%               $986.00       $25.00        $961.00         $23.92
3/1/05                  11/15/04
8.8% Debentures due     6.25% due      0.50%      6.867%             $1,077.42       $25.00      $1,052.42          $2.44
7/1/22                  6/30/02
7% Debentures due       5.25% due      0.875%     7.544%               $938.38       $25.00        $913.38          $5.06
12/15/25                2/15/29
Merrill  Lynch & Co. is the exclusive  Dealer  Manager for the tender offers and
the exclusive  Solicitation  Agent for the consent  solicitations.  Questions or
requests  for   assistance   may  be  directed  to  Merrill  Lynch   (telephone:
888-654-8637).  Requests  for  documentation  may be  directed  to  Beacon  Hill
Partners,  Inc., the Information  Agent (telephone:  800-755-5001).

Kansas City  Southern  Industries,  Inc. is a diversified  holding  company with
operations in the railroad  transportation  and financial  services  industries.
KCSI's wholly owned railroad transportation  subsidiaries,  Kansas City Southern
Railway and Gateway Western Railway, are held within Kansas City Southern Lines,
Inc. In  addition,  KCSI has an equity  interest in  Transportacion  Ferroviaria
Mexicana,  S.A. de C.V. and Mexrail, Inc. KCSI's financial services subsidiaries
and investments are held within Stilwell Financial,  Inc.,  including primarily:
Janus  Capital  Corporation,  Berger  LLC,  Nelson  Money  Managers  plc and DST
Systems, Inc.

              *******************************************

This  news  release  includes  statements  concerning  potential  future  events
involving  the  Company,  which  could  materially  differ  from the events that
actually occur. The differences could be caused by a number of factors including
those factors  identified in KCSI's  December 31, 1998 Form 10-K and the Current
Report on Form  8-K/A  dated June 3, 1997,  each filed by the  Company  with the
Securities and Exchange  Commission  (Commission  file no. 1-4717).  The Company
will not update any  forward-looking  statements in this news release to reflect
future events or developments.
EXHIBIT 99.2

Contact:                                   KCSI
    Landon H. Rowland  (816) 983-1393      Kansas City Southern Industries, Inc.
    Chairman, President and
      Chief Executive Officer                               114 West 11th Street
                                                     Kansas City, Missouri 64105
    Joseph D. Monello (816) 983-1213
    Vice President & Chief Financial Officer
NYSE Symbol: KSU
                                   Release No. 2000-03:   Date: January 13, 2000

                             NEWS RELEASE
                KANSAS CITY SOUTHERN INDUSTRIES, INC.
        ANNOUNCES COMPLETION OF BOND TENDERS AND SOLICITATIONS

Kansas City, Missouri

         Kansas City Southern Industries, Inc. ("KCSI", NYSE: KSU) announced the
completion  of its bank  facilities  on January 11, 2000 which  allowed  KCSI to
accept and pay the  consideration  for  validly  tendered  notes and  debentures
pursuant to the Offers to  Purchase  and Consent  Solicitation  Statement  dated
December 6, 1999.  Approximately  $398.4 million of the $400 million outstanding
notes and debentures were repurchased.

         The notes and debentures  repurchased consisted of approximately 99% of
the 7.875%  Notes due July 1, 2002;  approximately  98% of the 6.625%  Notes due
March 1, 2005;  100% of the 8.8%  Debentures due July 1, 2022 and  approximately
99% of the 7% Debentures due December 15, 2025.

       ****************************************************************

This  news  release  includes  statements  concerning  potential  future  events
involving  the  Company,  which  could  materially  differ  from the events that
actually occur. The differences could be caused by a number of factors including
those factors  identified in KCSI's  December 31, 1998 Form 10-K and the Current
Report on Form  8-K/A  dated June 3, 1997,  each filed by the  Company  with the
Securities and Exchange  Commission  (Commission  File No. 1-4717).  The Company
will not update any  forward-looking  statements in this news release to reflect
future events of developments.