Abstract An explanation of the chemical constitution of macromolecular substances has to a great extent been made possible by the preparation and study of various homologous series of polymers. In these investigations, the relations between the average degrees of polymerization and the physical properties of the particular substances concerned were studied. As a result of these studies, it was found that the unusual physical properties of macromolecular substances, such as toughness, elasticity, swelling in liquids, and above all, the colloidal nature of their solutions, are dependent on the size and form of their macromolecules, and not on a special micellar structure, as had been so widely assumed previously. It has been found possible to prepare a complete series of homologous polymers, starting with the low members, and passing through the hemicolloids and mesocolloids, to the highest molecular members, the eucolloids, by polymerization of vinyl derivatives under various conditions. It has not been found possible, however, to prepare a complete series of homologous polymers from all vinyl derivatives. At present, for example, there are still no known eucolloid members of polyindenes and of polyanetholes. On the other hand, in the polymerization of styrene, vinyl chloride, acrylic esters and vinyl acetate, it has been found possible to prepare, by the proper choice of conditions during polymerization, members extending from hemicolloids to eucolloids. An analogous complete series of homologous polymers can be prepared from polyisobutylenes. In this case it is possible, by the choice of various catalysts, to obtain polymerized products extending from the lowest to the highest degrees of polymerization. The hemicolloid members of this series are used technically as lubricating oils; the mesocolloid and eucolloid products are of importance in other ways because of their rubberlike properties.