1. Rosette strain gauges placed on the lateral surface of the right calcaneus of eight sheep allowed recordings of bone deformation to be made during walking and trotting on a moving belt. From these recordings the changing direction and magnitude of the principal strains and the maximum shear strain could be calculated. 2. The cancellous architecture of the ovine calcaneus, when viewed in lateral radiographs, is arranged in two trabecular tracts which intersect in the form of an arch. in all cases during the main weight-bearing period the direction of the principal strains varied little, and at the time of maximum deformation coincided with the direction of the underlying trabeculae. The principal compressive strain coincided with the direction of the trabeculae in the dorsal tract, The principal tensile strain with those in the plantar tract. At the point of trabecular intersection the principal strains were more nearly equal but they maintained their alignment with their respective trabecular tracts. 3. in this particular site the trajectorial theory of bone structure has found some experimental support.