SECURITIES AND EXCHANGE COMMISSION


                      WASHINGTON, DC 20549


                            FORM 8-K

                         CURRENT REPORT


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



                        January 29, 1996
      -----------------------------------------------------

        (Date of Report, date of earliest event reported)




                            VALHI, INC.
   -----------------------------------------------------------

     (Exact name of Registrant as specified in its charter)
      Delaware              1-5467             87-0110150
  ------------------------------------------------------------

    (State or other        (Commission         (IRS Employer
     jurisdiction of        File Number)        Identification
     incorporation)                             No.)


     5430 LBJ Freeway, Suite 1700, Dallas, TX     75240-2697
  ------------------------------------------------------------

     (Address of principal executive offices)     (Zip Code)



                        (214) 233-1700
  ------------------------------------------------------------

      (Registrant's telephone number, including area code)



                        Not applicable
  ------------------------------------------------------------

     (Former name or address, if changed since last report)


Item 5:  Other Events
         ------------


            On January 29, 1996, the Registrant issued the press release
               ----------------

attached hereto as Exhibit 99.1 which is incorporated herein by reference.

Item 7:  Financial Statements,  Pro Forma  Financial Information
         -------------------------------------------------------

            and Exhibits
            ------------
    (c)  Exhibit
         -------


            Item No.             Exhibit Index
            --------      -----------------------------------


              99.1        Press release dated January 29, 1996
                                              ----------------

                           issued by the Registrant


                           SIGNATURES
                           ----------



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



                                 VALHI, INC.
                                 (Registrant)



                                 By: /s/ Steven L. Watson
                                     -------------------------------

                                     Steven L. Watson
                                     Vice President & Secretary



Date:  January 29, 1996
       ----------------
[{"type": "8-K", "sequence": "1", "description": "VALHI, INC. 01/29/96 8-K FILING", "secsgml_size_bytes": 2815}]
{"company-data": {"conformed-name": "VALHI INC /DE/", "cik": "0000059255", "assigned-sic": "2060", "irs-number": "870110150", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-05467", "film-number": "96508065"}, "business-address": {"street1": "THREE LINCOLN CENTRE", "street2": "5430 LBJ FRWY STE 1700", "city": "DALLAS", "state": "TX", "zip": "75240", "phone": "2142331700"}, "mail-address": {"street1": "THREE LINCOLN CENTER", "street2": "5430 LBJ FREEWAY SUITE 1700", "city": "DALLAS", "state": "TX", "zip": "75240"}, "former-company": [{"former-conformed-name": "LLC CORP", "date-changed": "19870329"}, {"former-conformed-name": "LIBERTY LOAN CORP", "date-changed": "19800414"}]}
SECURITIES AND EXCHANGE COMMISSION

                      WASHINGTON, DC 20549

                            FORM 8-K

                         CURRENT REPORT

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

                        January 29, 1996
      -----------------------------------------------------

        (Date of Report, date of earliest event reported)

                            VALHI, INC.
   -----------------------------------------------------------

     (Exact name of Registrant as specified in its charter)
      Delaware              1-5467             87-0110150
  ------------------------------------------------------------

    (State or other        (Commission         (IRS Employer
     jurisdiction of        File Number)        Identification
     incorporation)                             No.)

     5430 LBJ Freeway, Suite 1700, Dallas, TX     75240-2697
  ------------------------------------------------------------

     (Address of principal executive offices)     (Zip Code)

                        (214) 233-1700
  ------------------------------------------------------------

      (Registrant's telephone number, including area code)

                        Not applicable
  ------------------------------------------------------------

     (Former name or address, if changed since last report)

Item 5:  Other Events
         ------------

            On January 29, 1996, the Registrant issued the press release
               ----------------

attached hereto as Exhibit 99.1 which is incorporated herein by reference.

Item 7:  Financial Statements,  Pro Forma  Financial Information
         -------------------------------------------------------

            and Exhibits
            ------------
    (c)  Exhibit
         -------

            Item No.             Exhibit Index
            --------      -----------------------------------

              99.1        Press release dated January 29, 1996
                                              ----------------

                           issued by the Registrant

                           SIGNATURES
                           ----------

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

                                 VALHI, INC.
                                 (Registrant)

                                 By: /s/ Steven L. Watson
                                     -------------------------------

                                     Steven L. Watson
                                     Vice President & Secretary

Date:  January 29, 1996
       ----------------