In a continuation of the study of the preparation OS compounds related to the depsidones,? we have prepared hydroxy and methoxy derivatives of 2-(2-hydroxyphenoxy)-benzoic acid lactone (I). Tom-ita, Inubuse and Kusuda have suggested that I be called" depsidone." 3 lye have chosen to use the systematic names throughout the present discussion, reserving" depsidone" as a geiieric name for the class.