<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM VALHI, INC.'S
CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIODS NOTED BELOW AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH CONSOLIDATED FINANCIAL STATEMENTS.  SUCH
SUMMARY FINANCIAL INFORMATION HAS BEEN RECLASSIFIED TO PRESENT THE RESULTS OF
OPERATIONS OF (i) MEDITE CORPORATION AS DISCONTINUED OPERATIONS and (ii) THE
AMALGAMATED SUGAR COMPANY ON THE EQUITY METHOD.
</LEGEND>
<MULTIPLIER> 1,000
       
                                                    
<PERIOD-TYPE>                                          12-MOS
<FISCAL-YEAR-END>                                      DEC-31-1994
<PERIOD-START>                                         JAN-01-1994
<PERIOD-END>                                           DEC-31-1994
<CASH>                                                     170,747
<SECURITIES>                                                49,233
<RECEIVABLES>                                              204,828
<ALLOWANCES>                                                 4,434
<INVENTORY>                                                498,097
<CURRENT-ASSETS>                                           936,134
<PP&E>                                                   1,050,427
<DEPRECIATION>                                             242,696
<TOTAL-ASSETS>                                           2,480,703
<CURRENT-LIABILITIES>                                      656,222
<BONDS>                                                  1,086,654
<PREFERRED-MANDATORY>                                            0
<PREFERRED>                                                      0
<COMMON>                                                     1,245
<OTHER-SE>                                                 197,179
<TOTAL-LIABILITY-AND-EQUITY>                             2,480,703
<SALES>                                                    185,522
<TOTAL-REVENUES>                                           185,522
<CGS>                                                      142,807
<TOTAL-COSTS>                                              142,807
<OTHER-EXPENSES>                                                 0
<LOSS-PROVISION>                                                18
<INTEREST-EXPENSE>                                          21,468
<INCOME-PRETAX>                                             (8,542)
<INCOME-TAX>                                                (9,864)
<INCOME-CONTINUING>                                          1,322
<DISCONTINUED>                                              10,278
<EXTRAORDINARY>                                                  0
<CHANGES>                                                        0
<NET-INCOME>                                                11,600
<EPS-PRIMARY>                                                  .10
<EPS-DILUTED>                                                  .10