The 2 S seed storage protein, sunflower albumin 8 (SFA-8), contains an unusually high proportion of hydrophobic residues including 16 methionines (some of which may form a surface hydrophobic patch) in a disulfide cross-linked, ␣-helical structure. Circular dichroism and fluorescence spectroscopy show that SFA-8 is highly stable to denaturation by heating or chaotropic agents, the latter resulting in a reversible two-state unfolding transition. The physical properties that direct a protein to its native fold are the subject of extensive experimental and theoretical investigation. It is generally accepted that the main driving forces in protein folding are formation of a distinct hydrophobic core by clustering of nonpolar groups (1) and local ordering of the backbone into elements of secondary structure according to the intrinsic properties of the amino acid residues and the need for pairing of backbone amide groups (2). The temporal development of these types of interaction, however, is more open to question. Hierarchic models of protein folding propose an initial formation of marginally stable local microdomains in which the secondary structure is well ordered, followed by their consolidation through the formation of longer sequence-range interactions and tertiary packing (3, 4). An alternative model suggests that global hydrophobic collapse drives an overall condensation of the polypeptide chain in the early stages of protein folding, which reduces the conformational possibilities and leads to the formation of secondary structure (5, 6).Experimental studies of the nature of states arising in the folding reaction have led to starkly divergent conclusions. It is undeniable that collapsed intermediate states accumulate transiently during the refolding of most globular proteins, particularly those with polypeptide chains of less than 100 residues (7). These compact intermediates are formed rapidly (microsecond time scale) (8, 9) and contain extensive secondary structure, but they lack the fixed and near crystalline tertiary side-chain contacts characteristic of the native conformation. These intermediates may be viewed as productive "on-pathway" states that guide the protein to its native fold through organizing the backbone topology (7, 10) or as nonproductive "off-pathway" states, which are kinetically trapped because the rate-limiting energy barrier that divides them from the native state is raised (11,12). In support of this latter view, lattice model simulations of heteropolymer organization suggest that partially folded intermediates contain stable, nonnative contacts that must be broken before the native structure is reached (13,14).Quantitative kinetic analyses of several proteins have been used to estimate the stability of such intermediates but do not determine whether these intermediates are productive or not (15)(16)(17)(18). Late folding intermediates with nonnative interactions have been observed experimentally and can be explained by incorrect proline isomers in the case of ribonuclease A (19) and r...