We present the first speckle masking observations of the pre-main sequ
ence binary system Z CMa at optical wavelengths (narrow-band R filter
and edge filter RG 610). The diffraction-limited images confirm that Z
CMa is a binary with a separation of 0.100'' +/- 0.008'' at position
angle 305 degrees +/- 2 degrees. The intensity ratio of the stars is 7
.2 for the narrow-band R filter and 7.7 for the RG 610 filter. The sou
th-eastern component is the brighter component (i.e. the FU Ori object
), in agreement with the results of Koresko et al. (1991) based on nea
r-infrared speckle data. However, our optical detection of the north-w
estern component (the infrared companion) would not have been expected
according to Koresko et al.'s analysis. One possible explanation coul
d be scattered light. This agrees with recent polarimetric evidence fr
om Whitney et al. (1993) that scattering plays a role in seeing the in
frared companion. We discuss the possibility that both components of t
he Z CMa system may be FU Ori objects.