A substance active in the ovarian ascorbic acid (OAA) depletion assay was found in acid extracts of chicken hypothalamus but not in extracts of cerebral cortex. The depletions evoked by these extracts were not proportional to the logarithm of the dose, and the extracts were equally active in intact and hypophysectomized assay rats. This effect was not due to the presence of LH in the extracts for the active substance had no effect in the 32P assay, and it passed through a dialysis membrane with an exclusion limit of under 12,000 molecular weight. The activity of this small molecular weight fraction was destroyed by incubation with thioglycollate. Purification of this fraction on a column of Sephadex G-25 produced a single peak with OAA depleting activity. This fraction also contained vasopressor activity, and the elution volume of the fraction was the same as that of synthetic arginine vasotocin (AVT). Because of the many similarities of AVT and the active compound in the extracts, it was concluded that AVT was the primary active substance of the extracts. The possible relationships of AVT to chicken luteinizing hormone-releasing factor are discussed. (Endocrinology85: 113, 1969)