acids and possibly a sterol ester. Similar classes of neutral lipids were found in the sporophore of A. bi8porua (Hughes, 1962). The acetone eluate from the column contains the acylated form of the carbohydrates found in the aqueous fraction. The composition of this fraction will be described elsewhere.Phospholipids were found only in the chloroformmethanol eluate. T.l.c. in chloroform-methanolwater (65:25:4, by vol.) and spraying with specific reagents showed principally phosphatidylinositol and phosphatidylethanolamine. Phosphatidylcholine was absent. These identifications were confirmed by acid hydrolysis and paper chromatography, which demonstrated glycerol, inositol, ethanolamine and traces of serine, but no choline. Mild alkaline hydrolysis and paper chromatography in propan-2-ol-aq. ammonia (sp.gr. 0.88)-water (7:1: 2, by vol.) showed glycerylphosphorylinositol, glycerylphosphorylethanolamine and glycerylphosphorylserine.This work is the early part of a study of the composition of A. bi8poruw, in the fruiting and vegetative stages, which may provide some insight into the metabolic differences underlying the initiation of sporophore development. It may also help to elucidate the role of lipids in stimulating spore germination (L6sel, 1967).