Any particular form of mechanics (e.g. classical or quantum) makes use of a particular ‘formalism’ or set of rules governing the use of the symbols representing dynamical variables and the symbols (such as +, =) representing relations between dynamical variables. In the present paper an attempt is made to examine the physical content of this formalism, particularly that of quantum mechanics. This is done by building up a formalism as the direct expression of a number of physical postulates having direct operational meaning. It is shown that, in a simple case, with any two observables A and B can be associated a unique sum observable A + B and a unique (real) symmetric product observable A.B (= B.A).

It is next shown that, if, like a classical Hamiltonian system, the system has the property that the time rate of change of an observable depends linearly on some observable H when the environment in which the system moves is varied, then a (real) skew product observable A × B (= − B × A) can be defined.

Finally, if the equations of motion are ‘of second order', it is possible to express the second rate of change of any observable as an algebraic function of that observable and H. This leads to algebraic identities from which it follows that ‘complex multiplication’, defined by AB = A.B + iA × B, is associative (but not commutative). Observables are thus shown to possess the properties usually ascribed to them in quantum mechanics. These properties make possible a representation by Hermitian matrices.