The institute's year of 1953 has been marked by a new record in the number of pages published and the number of members and subscribers served. Most of the costs involved in rendering these services reached a new high as did also the number of staff employees required for the volume of work. The Institute's building has reached the point of inadequacy and various recourses for more space are under study. Physics Today has successfully come through its first year of free circulation to all members without too much financial strain and is well launched on a second year of progress with increasing advertising support. Beyond direct services to members, the Institute has continued to concern itself with scientific manpower in its many aspects. A number of other specific projects have been undertaken or are being planned.

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