=C. armilla´tus= Fr.—_armilla_, a ring. (Plate LXXXII, fig. 5, p. 306.) =Pileus= 3–5 in. broad, _red-brick color_, truly fleshy, but not very compact, at first cylindrical, soon campanulate, at length flattened, dry, at first smooth, soon innately fibrillose or squamulose, flesh dingy pallid. =Stem= 3–6 in. long, ½ in. thick, solid, firm, remarkably bulbous (bulb 1 in. thick, villous, whitish) and fibrillose at the base, when old striate and reddish-pallid, internally dirty yellow. Exterior veil woven, red, arranged _in 2–4 distant cinnabar zones encircling the stem_; partial veil continuous with the upper zone, arachnoid, reddish-white. =Gills= adnate, slightly rounded, distant, at first pallid cinnamon, at length very broad (½ in.), dark ferruginous, almost bay-brown. Odor of radish. A very striking species. From the pileus not being hygrophanous, _at the first smooth_ and at length torn into fibrils or squamulose, it might easily be taken for a species of Inoloma. The cortina itself is paler than the zones. It differs from all others in these zones. The rings are usually somewhat oblique. _Fries._ Professor Peck in the 23d Rep. N.Y. State Cab. Nat. Hist., describes the American species as follows: “=Pileus= fleshy, thick, convex or subcampanulate, then expanded, minutely squamulose, yellowish-red. =Lamellæ= not close, broad, slightly emarginate, whitish-ochraceous, then cinnamon. =Stipe= stout, solid, fibrillose, whitish, girt with one to four red bands, bulbous. “Height 4–6 in., breadth of pileus 2–4 in., stipe 4–8 in. thick. “Woods. North Elba. August. “A large and noble species. The margin of the pileus is thin and sometimes uneven; the upper band on the stem is usually the brightest and most regular. The pileus is not distinctly hygrophanous.” =Spores= 10×6µ _Cooke_. Edible. _Cooke._ September 8, 1897, Mr. E.B. Sterling, Trenton, N.J., sent me several specimens new to me and remarkable in having two well-defined veils, the lower and thicker one of which left a dark zone upon the stem, the upper, fibrillose, was more persistent, but left a fainter impression. These veils are not mentioned in Professor Peck’s description of the American species, but are prominently noted in that of Fries, as above. In a very young specimen both veils were present. Cap light brown, minutely squamulose, with a few small red spots; margin thin, involute, flesh thick, yellowish, firm; gills distant, rounded behind, slightly emarginate, alternate ones short, light brown inclined to cinereous on edge. Spores brown. Small young specimens did not show bulbous stem as distinct as larger and older ones. I afterward found several specimens at Mt. Gretna, Pa., September and October, 1897. The flesh is excellent, closely resembling Pholiota subsquarrosa. The species seems to be rare. If found in quantity it will prove one of our very best edibles.