1. The gross structure of the reproductive system of M. polymerus is described and compared with that of the southern hemisphere species, M. spinosus (studied by Bathanm, 1944-45).2. Size and reproductive activity in M. polymerus are related. All animals over 27.5 mm. in breadth (distance from rostrum to carina) are found to reproduce; smaller animals are found to contain developing embryos less frequently. No sexually mature animals less than 17.2 mm. in breadth were found.3. A fifteen-month study of the reproductive cycle in the population is described. Reproductive activity is evident during the greater part of the year. For the year of 1957, developing embryos were present in the population for a period of eight months durinig which time the shore temperature ranged from 12.3° C. to 17° C. The reproductive season for the southern hemisphere species likewise occurs during the warmest months; thus the yearly cycle of M. polymerus shows a perhaps expected mirror image of the situation occurrinig in the southern hemisphere.4. Within individuals, male and female gonads mature at approximately the same time during the year, and during the greater part of the year, an individual contains both developing eggs and seminal vesicles full of sperm.5. Stages of development of ovarian eggs and brooded embryos found simultaneously in individuals are compared. During the early and middle months of the reproductive season, ovarian eggs and brooded embryos tend to be in similar stages of development (that is, small eggs are found with early stage embryos, large eggs with late stage embryos, etc.). During the later reproductive months, a relative lag in ovarian egg development is evident.6. Embryos were raised in vitro under controlled temperatures. The embryos took an average time of thirty days for development from fertilized egg to free-swimming larva.7. Estimates are given of the number of broods of young and the number of larvae liberated by a large individual during a year, and these are compared with the results of Batham (1944-45) for M. spinosus. Studies of the larval brood period, the stages of eggs and embryos found simultaneously in individuals, and the length of the reproductive season allow an hypothesis that five to seven broods may be liberated by a large individual durinig a year. Three to four broods appears more probable for an average large animal. A pair of ovigerous lamellae may contain from 104,000 to 240,000 larvae. Batham's data (1944-45) showed that probably two broods, each containing approximately 3000 larvae, are liberated by M. spinosus during a year. Thus M. polymerus may liberate from 52 to 280 times as many larvae per year as a single large M. spinosus.8. The possibility of self-fertilization in M. polymerus is studied. Relatively isolated large animals are found to carry ovigerous lamellae less frequently than those adjacent to each other; and large animals isolated from each other by over eight inches were never found carrying embryos. From this evidence, it appears that self-fertilization does not occur in this species, and that cross-fertilization is necessary for the formation of ovigerous lamellae.