  We calculate detailed chemical abundance profiles for a variety of brown
dwarf and extrasolar giant planet atmosphere models, focusing in particular on
Gliese 229B, and derive the systematics of the changes in the dominant
reservoirs of the major elements with altitude and temperature. We assume an
Anders and Grevesse (1989) solar composition of 27 chemical elements and track
330 gas--phase species, including the monatomic forms of the elements, as well
as about 120 condensates. We address the issue of the formation and composition
of clouds in the cool atmospheres of substellar objects and explore the rain
out and depletion of refractories. We conclude that the opacity of clouds of
low--temperature ($\le$900 K), small--radius condensibles (specific chlorides
and sulfides), may be responsible for the steep spectrum of Gliese 229B
observed in the near infrared below 1 \mic. Furthermore, we assemble a
temperature sequence of chemical transitions in substellar atmospheres that may
be used to anchor and define a sequence of spectral types for substellar
objects with T$_{eff}$s from $\sim$2200 K to $\sim$100 K.
