This document discusses peroxidase staining, which is used to differentiate between myelogenous or monocytic leukemia and acute lymphocytic leukemia. Peroxidase is present in the primary granules of neutrophils, eosinophils, and monocytes, and activity increases with maturation. The peroxidase stain principle involves myeloperoxidase catalyzing hydrogen peroxide to oxidize a substrate like benzidine or DAB, forming a black precipitate. A peroxidase stain will show red-brown staining in neutrophils, eosinophils in promyelocyte through metamyelocyte stages, and finely granular staining in monocytes.