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
                    
                    
                    

                       March 12, 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 March 12,  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 March 12, 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:  March 12, 1996
       --------------
[{"type": "8-K", "sequence": "1", "description": "VALHI,INC.03/12/96 8-K FILING", "secsgml_size_bytes": 3451}]
{"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": "96537940"}, "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
                    
                    
                    

                       March 12, 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 March 12,  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 March 12, 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:  March 12, 1996
       --------------