We present photometric and spectroscopic observations of the H alpha e
mission stars in the Lupus dark cloud complex. We estimate the effecti
ve temperatures of the stars from their spectral types and calculate t
he reddening towards each object from the (R-I) colors. From these dat
a, we derive mass and age distributions for the Lupus stars using a ne
w set of pre-main sequence evolutionary tracks. We compare the results
for the Lupus stars with those for a similar population of young stel
lar objects in Taurus-Auriga and Chamaeleon and with the initial mass
function for field stars in the solar neighborhood. From the H-R diagr
ams, Lupus appears to contain older stars than Taurus. The Lupus dark
clouds form a greater proportion of low mass stars than the Taurus com
plex. Also, the proportion of low mass stars in Lupus is higher than t
hat predicted by the Miller-Scale initial mass function, and the lowes
t mass stars in Lupus are less active than similar T Tauri stars in ot
her regions.