VALHI INC /DE/
8-K, 1999-10-29
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



                                October 28, 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)



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


Item 5:        Other Events

     On October 28, 1999, the registrant,  Valhi, Inc., 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 October 28, 1999 issued by Valhi, Inc.


                                   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/ A. Andrew R. Louis
                                                ----------------------------
                                                A. Andrew R. Louis
                                                Secretary




Date:  October 29, 1999

[LOGO GOES HERE]

                                  PRESS RELEASE

- -------------------------------------------------------------------------------

FOR IMMEDIATE RELEASE:                     CONTACT:

VALHI, INC.                                Steven L. Watson
Three Lincoln Centre                       President
5430 LBJ Freeway, Suite 1700               (972) 233-1700
Dallas, Texas 75240-2697



                        VALHI DECLARES QUARTERLY DIVIDEND



     DALLAS,  TEXAS  . . .  October  28,  1999 . . .  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
December 31, 1999 to stockholders of record at the close of business on December
10, 1999.  Valhi,  Inc. is engaged in the titanium dioxide  pigments,  component
products (ergonomic computer support systems,  precision ball bearing slides and
locking systems), titanium metals products and waste management
industries.

                                    * * * * *




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