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)  April 27, 1994       


                   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     
<PAGE>
Item 5.   Other Events.

     On April 27, 1994, James River Corporation of Virginia ("James
River") announced the signing of a share acquisition agreement with
Montedison S.p.A. and Rayne Holdings Inc. ("Rayne"), whereby James River
will acquire the 50% ownership interest in Jamont Holdings, N.V.
("Jamont Holdings") currently owned by Rayne for $575 million in cash. 
James River currently owns the remaining 50% of Jamont Holdings.  Jamont
Holdings owns 86.4% of Jamont N.V. ("Jamont"), which has operations in
12 European countries and produces branded and private label tissue and
foodservice products for the retail and away-from-home markets.  Jamont
had sales of approximately $1.4 billion in 1993.  Upon the consummation
of the acquisition, Jamont will become a consolidated subsidiary of
James River.  James River intends to finance this transaction through
the issuance of a combination of debt and equity securities.  The final
transaction, which is subject to normal closing conditions, as well as
obtaining necessary financing and securing the approval of James River's
lenders, is expected to be completed during the third quarter of 1994.


Item 7.   Financial Statements and Exhibits.

     (a)  Managing Director's report and audited financial statements of
          Jamont Holdings N.V. for the year ended December 31, 1993:

            (i)     Managing Director's Report 1993
           (ii)     Report of independent accountants
          (iii)     Consolidated balance sheets at December 31, 1993
                    and 1992
           (iv)     Consolidated profit and loss account for the years
                    ended December 31, 1993 and 1992
            (v)     Notes to the consolidated accounts at December 31,
                    1993

     (c)  Exhibits

          23        Consent of Coopers & Lybrand
          99(a)     Press release dated April 27, 1994, published by
                    James River
          99(b)     Financial statements of Jamont Holdings N.V.
                    referenced in Item 7(a), above


<PAGE>
                                  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/Michael J. Allan               
                                 Michael J. Allan
                                 Vice President, Treasurer



Date:  April 27, 1994
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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)  April 27, 1994       

                   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 April 27, 1994, James River Corporation of Virginia ("James
River") announced the signing of a share acquisition agreement with
Montedison S.p.A. and Rayne Holdings Inc. ("Rayne"), whereby James River
will acquire the 50% ownership interest in Jamont Holdings, N.V.
("Jamont Holdings") currently owned by Rayne for $575 million in cash. 
James River currently owns the remaining 50% of Jamont Holdings.  Jamont
Holdings owns 86.4% of Jamont N.V. ("Jamont"), which has operations in
12 European countries and produces branded and private label tissue and
foodservice products for the retail and away-from-home markets.  Jamont
had sales of approximately $1.4 billion in 1993.  Upon the consummation
of the acquisition, Jamont will become a consolidated subsidiary of
James River.  James River intends to finance this transaction through
the issuance of a combination of debt and equity securities.  The final
transaction, which is subject to normal closing conditions, as well as
obtaining necessary financing and securing the approval of James River's
lenders, is expected to be completed during the third quarter of 1994.

Item 7.   Financial Statements and Exhibits.

     (a)  Managing Director's report and audited financial statements of
          Jamont Holdings N.V. for the year ended December 31, 1993:

            (i)     Managing Director's Report 1993
           (ii)     Report of independent accountants
          (iii)     Consolidated balance sheets at December 31, 1993
                    and 1992
           (iv)     Consolidated profit and loss account for the years
                    ended December 31, 1993 and 1992
            (v)     Notes to the consolidated accounts at December 31,
                    1993

     (c)  Exhibits

          23        Consent of Coopers & Lybrand
          99(a)     Press release dated April 27, 1994, published by
                    James River
          99(b)     Financial statements of Jamont Holdings N.V.
                    referenced in Item 7(a), above
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/Michael J. Allan               
                                 Michael J. Allan
                                 Vice President, Treasurer

Date:  April 27, 1994