Official Institute Reports Covering The Year 1939 - Presented At The Annual Meeting, February 13, 1940 - Report Of The Secretary

TO THE BOARD OF DIRECTORS AND MEMBERS OF THE AMERICAN INSTITUTE OF MINING AND METALLURGICAL ENGINEERS GENTLEMEN: Submitted herewith are the report of the Treasurer for the year 1939 and reports for the same year of the following standing committees: Admissions, Membership, Papers and Publications, Mining and Metallurgy (Magazine), Library, Speakers for Local Sections and Student Societies, and Student Relations. These reports present additional details. Membership.-For the second year in Succession membership reached a new high level for all time, as indicated in the accompanying tabulation in which "Members" includes all categories except Student Associates. [END 1938 END 1939 NET GAIN Members9, 57 610, 163 587 Student Associates 2,898 3,760 862 12,474 13,923 1,449] Net gain in membership (aside from Student Associates) was 587 compared with 744 in 1938, despite the fact that applications received in 1939 exceeded those received in 1938 (1271 against 1162). The smaller net gain is accounted for in three ways: (1) A greater lag in enrollment of those elected in the last quarter of the year; (2) an increase in the number of applications involving change of status from Junior Member to Member; and (3) an increase of 167 in the loss by death by resignation and by suspension in 1939 as compared with 1938. Experience shows that at the end of a year of less prosperous conditions in the mineral industries, and, therefore, among engineers engaged in these industries, resignations and suspensions are more numerous. Business and industrial indexes all show 1938 to have been somewhat less prosperous than 1937; but the improvement in 1939 should be reflected in the record for 1940.