Measurements of the magnetic properties, paleomagnetic field intensity, and the inferred paleomagnetic field polarity have been made using fine grained basalt and coarser grained rock samples dredged from the mid-Atlantic ridge near 45° N and supplied by the Geological Survey of Canada. The opaque mineralogy of the samples was studied by microscope, Curie point, and X-ray diffraction techniques. The natural remanent magnetization of the basalt is of the order of 5 to 10 × 10−3 e.m.u./cm3 with some values from the center of the median valley reaching 10−1 e.m.u./cm3. Magnetic anomalies over the ridge can be accounted for by the remanent magnetization of a few hundred meters of this basalt. The coarse grained rocks were relatively weakly magnetized, and while they contribute little to the magnetic anomalies, their diverse character suggests that the major portion of the oceanic crust, below a thin veneer of fine grained basalt, has differentiated into a complex structure.