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


                               September 4, 1997
               --------------------------------------------------

               (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)


                                (972) 233-1700
          ------------------------------------------------------------

              (Registrant's telephone number, including area code)


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


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


        On September 4, 1997, 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 September 4, 1997
                       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:  September 4, 1997
       -----------------
[{"type": "8-K", "sequence": "1", "description": "8-K CVR. VALHI DATED 09/04/97", "secsgml_size_bytes": 2772}]
{"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", "file-number": "001-05467", "film-number": "97676168"}, "business-address": {"street1": "THREE LINCOLN CENTRE", "street2": "5430 LBJ FRWY STE 1700", "city": "DALLAS", "state": "TX", "zip": "75240", "phone": "9722331700"}, "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

                               September 4, 1997
               --------------------------------------------------

               (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)

                                (972) 233-1700
          ------------------------------------------------------------

              (Registrant's telephone number, including area code)

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

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

        On September 4, 1997, 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 September 4, 1997
                       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:  September 4, 1997
       -----------------