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



                          July 29, 1999

        (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)



                         Not applicable

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

Item 5: Other Events


        On July 29, 1999, 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 July 29, 1999
                            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/ Bobby D. O'Brien

                                      Bobby D. O'Brien
                                      Vice President



Date:  July 29, 1999