<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS RECLASSIFIED SUMMARY FINANCIAL INFORMATION EXTRACTED FROM VALHI, INC.'S CONSOLIDATED FINANCIAL STATEMENTS INCLUDED IN VALHI'S QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 1995, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH CONSOLIDATED FINANCIAL STATEMENTS. SUCH SUMMARY FINANCIAL INFORMATION HAS BEEN RECLASSIFIED TO PRESENT THE COMPANY'S FORMER INTEREST IN TREMONT CORPORATION'S TITANIUM METALS OPERATIONS AS DISCONTINUED OPERATIONS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> SEP-30-1994 <CASH> 21,385 <SECURITIES> 23,706 <RECEIVABLES> 97,447 <ALLOWANCES> 774 <INVENTORY> 94,466 <CURRENT-ASSETS> 252,494 <PP&E> 476,400 <DEPRECIATION> 234,026 <TOTAL-ASSETS> 785,625 <CURRENT-LIABILITIES> 230,789 <BONDS> 308,521 <COMMON> 1,245 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 214,705 <TOTAL-LIABILITY-AND-EQUITY> 785,625 <SALES> 632,295 <TOTAL-REVENUES> 632,295 <CGS> 481,353 <TOTAL-COSTS> 481,353 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 222 <INTEREST-EXPENSE> 25,988 <INCOME-PRETAX> 17,113 <INCOME-TAX> 5,643 <INCOME-CONTINUING> 11,470 <DISCONTINUED> (4,531) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,939 <EPS-PRIMARY> .06 <EPS-DILUTED> .0