The derivation of =Houndsditch= as given by Stow is as unsavoury as the reputation the street later earned. “Called Hounds-ditch for that in old time when the same lay open much filth (conveyed forth of the Citie) especially dead dogges was there laid or cast.” Beyond the mud wall that enclosed the ditch was a “fayre field” where were the almshouses of the Priory of Holy Trinity. “In my youth, I remember,” continues Stow, “devout people as well men as women of the Citie, were accustomed oftentimes, especially on Frydayes weekely, to walke that way purposely, and there to bestow their charitable almes; every poor man or woman lying in their bed within their window, which was toward the street open so low, that every man might see them.” At present looking down Houndsditch from Bishopsgate Within the street presents a not unpicturesque appearance. On the south, indeed, it is one continuous row of dull brick box-like houses, but on the north one or two old projecting houses break the line. No. 96 is an old stuccoed house which projects in a broad bay above the first floor. Besides these old houses several high plain warehouses break up the monotony of the street line. Houndsditch is the centre of the old-clothes trade. To the north lie huge warehouses and industrial dwellings. =Bishopsgate=.—There were two northern gates to the Roman wall: one of them corresponding with Newgate and the other with Bishopsgate. But the Saxon and mediæval Bishopsgate was not built on the site of the Roman gate, but a little to the west. The foundations of the Roman gate have been found in Camomile Street; they were built with carved stones taken from some Roman building, perhaps a villa, an illustration of my theory that the wall was built in great haste and that all the stone buildings of the City were used in its construction. The massive masonry of the ancient “Newgate” has also been found close by the later gate in Giltspur Street.