The inclusive production cross section of Λ, Λ¯ in e+e− annihilation at a c.m. energy of 29 GeV has been measured with the time-projection-chamber detector at PEP. The average Λ, Λ¯ multiplicity has been measured to be 0.197 ± 0.012(stat.) ±0.017(syst.). Λ−Λ¯ pairs have been observed in jets for the first time, and the average number of Λ−Λ¯ pairs per event has been measured to be 0.042 ± 0.017 ± 0.014.
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