5 ml. of N H2SO4. After 3-4 days, the white needles which had formed were collected and dried in vacuo. Yield, 0-13 g., M.P. 830, giving a yellow colour with concentrated HCI and in the Liebermann-Burchard test, and a red colour with concentrated H2SO4. There was difficulty in removing solvent from this substance for analysis. (Found: C, 70-8; H, 9.5 %. M (titration), 395. C24H8,O5 requires C, 70.9; H, 94%; M, 406.) The acid could be recrystallized by acidification of a hot alkaline solution as described, but did not form crystals from organic solvents. It dissolved easily in alcohol, acetone, and acetic acid, and to some extent in ether, but appeared to be insoluble in benzene and light petroleum. SUMMARY 1. By a simple three-stage process (oxidation, purification, reduction), cholic acid has been converted into deoxycholic acid, with an overall yield of 40-50 % of theoretical.2. Preferential oxidation of cholic acid at C7 was performed by adding measured aanounts of concentrated K2CrO4 solution to cholic acid dissolved in acetic acid buffered with Na acetate.3. The partially purified product was then reduced with Na ethylate-hydrazine, yielding deoxycholic acid. Deoxycholic acid was also prepared from an impure semicarbazone, the preparation and properties of which were used to follow and define the conditions of the oxidation. The intermediate 7-keto-3:12-dihydroxycholanic acid and its ethyl ester have been isolated and examined.