VALHI INC /DE/
8-K, 1997-05-23
SUGAR & CONFECTIONERY PRODUCTS
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                       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


                                  May 8, 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)


                                 Not applicable

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



Item 5: Other Events


        On May 8, 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 May 8, 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:  May 8, 1997



[LOGO]


                          PRESS RELEASE



FOR IMMEDIATE RELEASE:                            CONTACT:

VALHI, INC.                                       STEVEN L. WATSON
THREE LINCOLN CENTRE                                   VICE PRESIDENT
5430 LBJ FREEWAY                                  (972) 233-1700
DALLAS, TEXAS 75240-2697                          (972) 239-0142 (FAX)



                     VALHI DECLARES QUARTERLY DIVIDEND AND
                       HOLDS ANNUAL STOCKHOLDERS MEETING


     DALLAS, TEXAS . . . May 8, 1997 . . . Valhi, Inc. (NYSE: VHI) announced
today that its board of directors has declared a regular quarterly dividend of
five cents ($0.05) per share on its common stock, payable on June 30, 1997 to
stockholders of record at the close of business on June 20, 1997.

     Valhi also announced that five directors of the Company were elected for
terms of one year at its annual stockholders meeting held today.  The directors
of the Company are:  Norman S. Edelcup, Kenneth R. Ferris, Glenn R. Simmons,
Harold C. Simmons and J. Walter Tucker, Jr.

     Valhi is engaged in the chemicals, component products and waste management
industries.
                                  *****



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