The enthalpy of reduction of lactones to the corresponding diols has been determined, allowing the enthaipies of formation of the lactones to be determined. Results of this study agree well with data obtained for enthalpies of hydrolysis of the lactones. We have begun the measurement of the enthalpies of reduction of norbornanones, and we have shown that it is possible to determine the difference in energy between the exo and endo forms of the product alcohols by measuring the equilibrium constant as a function of temperature. The study of the enthalpies of hydration of carbonyl compounds has continued, and the enthalpies of hydrolysis of the corresponding ketals is being determined. The study of the enthalpies of hydration of alkenes is nearly completed, and the rearrangement reactions which were uncovered are being investigated.