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):  May 22, 1995
                                
                                
                                
               JAMES RIVER CORPORATION OF VIRGINIA
     (Exact name of registrant as specified in its charter)
                                
                                
                            Virginia
         (State or other jurisdiction of incorporation)
                                
                                
            1-7911                           54-0848173
   (Commission File Number)     (IRS Employer Identification Number)


         120 Tredegar Street, Richmond, Virginia  23219
  (Address of principal executive offices, including zip code)
                                
                                
 Registrant's telephone number, including area code:  (804) 644-5411


                                
Item 5.   Other Events.

     On May 22, 1995, James River Corporation of Virginia ("James
     River"   or   the  "Company")  published  a  press   release
     announcing that the Company had completed the sale of 50% of
     the  chemical  recovery  and cogeneration  facility  at  its
     Naheola  pulp  and  paper  mill in Pennington,  Alabama,  to
     UtilCo Group Inc. ("UtilCo") for $59 million in cash.  James
     River  retains  ownership  of  the  remaining  50%  of  this
     facility.  The cogeneration facility was previously  jointly
     owned  by James River and CRSS, Inc. of Houston, Texas.   In
     November  1994,  James River initiated the exercise  of  its
     option  to  purchase  CRSS' 50% interest  in  the  facility.
     James  River and CRSS recently reached a settlement allowing
     James  River to assign the right to purchase CRSS'  interest
     to UtilCo.  UtilCo paid $24.3 million to James River for the
     assignment of the purchase option and $34.7 million to  CRSS
     for   its  interest  in  the  facility.   James  River  will
     recognize  a  deferred  gain  of  $24.3  million   on   this
     transaction,  resulting  in reduced  operating  expenses  of
     approximately $1.4 million per year.

Item 7.  Financial Statements and Exhibits.

(c)  Exhibits:

       99   Press release dated May 22, 1995, published by the
            registrant -- filed herewith



                           SIGNATURES


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

                              JAMES RIVER CORPORATION OF VIRGINIA
                              
                              
                              
                              By:/s/James R. Hudson, Jr.
                                      James R. Hudson, Jr.
                                      Vice President, Corporate Controller


Date:    May 25, 1995
[{"type": "8-K", "sequence": "1", "description": "05/22/95 FORM 8-K", "secsgml_size_bytes": 3548}]
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):  May 22, 1995
                                
                                
                                
               JAMES RIVER CORPORATION OF VIRGINIA
     (Exact name of registrant as specified in its charter)
                                
                                
                            Virginia
         (State or other jurisdiction of incorporation)
                                
                                
            1-7911                           54-0848173
   (Commission File Number)     (IRS Employer Identification Number)

         120 Tredegar Street, Richmond, Virginia  23219
  (Address of principal executive offices, including zip code)
                                
                                
 Registrant's telephone number, including area code:  (804) 644-5411

                                
Item 5.   Other Events.

     On May 22, 1995, James River Corporation of Virginia ("James
     River"   or   the  "Company")  published  a  press   release
     announcing that the Company had completed the sale of 50% of
     the  chemical  recovery  and cogeneration  facility  at  its
     Naheola  pulp  and  paper  mill in Pennington,  Alabama,  to
     UtilCo Group Inc. ("UtilCo") for $59 million in cash.  James
     River  retains  ownership  of  the  remaining  50%  of  this
     facility.  The cogeneration facility was previously  jointly
     owned  by James River and CRSS, Inc. of Houston, Texas.   In
     November  1994,  James River initiated the exercise  of  its
     option  to  purchase  CRSS' 50% interest  in  the  facility.
     James  River and CRSS recently reached a settlement allowing
     James  River to assign the right to purchase CRSS'  interest
     to UtilCo.  UtilCo paid $24.3 million to James River for the
     assignment of the purchase option and $34.7 million to  CRSS
     for   its  interest  in  the  facility.   James  River  will
     recognize  a  deferred  gain  of  $24.3  million   on   this
     transaction,  resulting  in reduced  operating  expenses  of
     approximately $1.4 million per year.

Item 7.  Financial Statements and Exhibits.

(c)  Exhibits:

       99   Press release dated May 22, 1995, published by the
            registrant -- filed herewith

                           SIGNATURES

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

                              JAMES RIVER CORPORATION OF VIRGINIA
                              
                              
                              
                              By:/s/James R. Hudson, Jr.
                                      James R. Hudson, Jr.
                                      Vice President, Corporate Controller

Date:    May 25, 1995