1. 1. Six pairs of Cichlasoma biocellatum raised their own first spawn for 18–29 days and next in sequence reared foster schools of Aequidens portalegrensis for equivalent periods of time. 2. 2. Two mixed schools developed when the pair's own embryos were overlooked during exchanges. Parents did not eliminate either kind of young from the mixture. Interspecific, predatory competition between the young was detected within three weeks. 3. 3. The parental cycles of the two species were closely similar. Eggs hatched in 52 hours and the young schooled 96 hours later (total preswimming time: 148 hours at about 82 °F). 4. 4. This correspondence of development and concomitant similarity of the brooding cycles of the two species may account for the success of exchanges. 5. 5. Therefore the reputed ability of cichlid parents to distinguish their own young from those of other species may depend on disparity between the host pair's parental cycle and the stage of development of the foreign young.