The sequential changes in activity of adrenal subcellular fractions for supporting incorporation of 14 C-amino acid into protein in a cell-free system have been followed during the first 24 hr of in vivo ACTH administration. During the first 2-4 hr of ACTH stimulation the incorporating activity of the 15,000 Xg supernatant is decreased, and this appears to be due to a decrease in microsomal activity. The decrease in microsomal activity is accompanied by a parallel decrease in microsomal (ribosomal) RNA, suggesting that ACTH, in the doses employed, results in an early enhancement of microsomal RNA turnover. In contrast to the early decrease in microsomal activity, there is concomitantly a moderate, transient increase in soluble cell fraction activity which appears to be due to an increase in soluble transfer enzymes. Subsequent to these changes at 2-4 hr, microsomal activity and microsomal RNA increase progressively, while soluble cell fraction activity decreases transiently and then increases. The reciprocal nature of the changes in soluble cell fraction activity relative to the changes in microsomal activity and microsomal RNA may possibly reflect the existence of distribution equilibrium of the transfer enzymes between soluble cell fraction and operative ribosomal sites. Thus, some of the early changes in soluble cell fraction activity may be secondary to the ribosomal changes. Additionally, in view of the early gross inhibitory effects of ACTH on adrenal protein synthesis, it seems likely that, if the steroidogenic action of ACTH is mediated via protein synthesis, it would be via the synthesis of selected protein rather than total adrenal protein. (Endocrinology 78: 125, 1966) ADMINISTRATION of ACTH for one ±\. or more days enhances the activity of cell-free extracts of the rat adrenal for incorporating amino acid into protein (1, 2). This effect of ACTH has been found to be due to increases in the activities of both soluble cell fraction (1) and microsomes (2). While the sequential changes in the amino acid-incorporating activities of these subcellular fractions have been well studied during relatively prolonged ACTH administration (1 through 12 days) (3), considerably less information is available on the early effects of ACTH on these