1. 1. Kinetic and chemical data suggest the presence of three endogenous substrates in a strain of Saccharomyces cerevisiae. These consist of two metabolically distinct glycogen pools and the disaccharide, trehalose. Lipides do not serve as a substrate for endogenous respiration. 2. 2. Utilization of one glycogen pool requires the presence of oxygen, while the other can be metabolized either aerobically or anaerobically. Trehalose is used only anaerobically. 3. 3. Anaerobically ethanol accumulates in amounts equal to the CO 2 produced. In addition, there is a slow anaerobic disappearance of the “oxidizable” glycogen pool with an equivalent accumulation of a TCA-soluble carbohydrate that is utilizable only aerobically. 4. 4. It is suggested that the rapid oxygen uptake observed after periods of anaerobiosis is due to oxidation of ethanol and the TCA-soluble carbohydrate and that the low R.Q.'s reported previously are the result of ethanol oxidation.
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