Pileus 1/4 to 5/8 in. (6 to 16 mm.) in diameter, convex, becoming depressed towards the attachment, at first inverted saucer-shaped, finally rather fan-shaped, a little repand, sometimes almost lobed, tomentose, strigose near the attachment when large, pallid grey. Gills moderately close, radiating from a lateral to excentric point of attachment, many short ones, grey with a tawny tint. No definite stem. Flexible, the flesh of the pileus with an upper dark gelatinous layer. Shed spores spherical, 6 to 7 um. On an upright piece of rotting wood in a glass house. S.A.—Blackwood, April, 1927. (Formalin Sp. No, 388.) This species differs from Rea's description (British Basidiomycetes) of P. applicants, (Batscli.) Berk., more particularly in the gills being moderately close and the spores being spherical (not 7 to 9X4 to 5um). Kauffmann (Agari-caceae of Michigan) says the gills of P. applicatus are subdistant, and whitish at first, then grey, and that the spores are spherical, 4 to 5 um. These descriptions appear to refer to different species, the description of neither of which fully agrees with that of the Australian plants. The specific, name subapplicatus has reference, however, to the obvious close relationship between our species and the. American and European ones.