Three experiments were conducted with pigeons to identify the stimulus functions of tokens in second-order token-reinforcement schedules. All experiments employed two-component multiple schedules with a token-reinforcement schedule in one component and a schedule with equivalent response requirements and/or reinforcer density in the other. In Experiment 1, response rates were lower under a token-reinforcement schedule than under a tandem schedule with the same response requirements, suggesting a discriminative role for the tokens. In Experiment 2, response rates varied systematically with signaling functions of the tokens in a series of conditions designed to explore other aspects of the temporal-correlative relations between tokens and food. In Experiment 3, response rates were reduced but not eliminated by presenting tokens independent of responding, yoked to their temporal occurrence in a preceding token component, suggesting both a reinforcing function and eliciting/evocative functions based on stimulus-food relations. Only when tokens were removed entirely was responding eliminated. On the whole, the results suggest that tokens, as stimuli temporally correlated with food, may serve multiple stimulus functions in token-reinforcement procedures--reinforcing, discriminative, or eliciting--depending on the precise arrangement of the contingencies in which they are embedded.