Abstract
Exact calculations of the spin-spin correlation function qj in the localised-electron limit of Gutzwiller's (1963, 1965) variational approximation to the Hubbard-model group state, for rings with numbers of electrons N=4(2)18, strongly suggest that qj varies as (-)j/j at large separation j between the spins. Monte Carlo calculations for N up to 100 reproduce this behaviour.