In 1967-68 the operating expenditures of the 2,370 college and university libraries covered in the survey totaled approximately $510 million. Of that total, $189 million or 37% was spent on books and other library materials, and $275 million or 54% was spent for salaries and wages. Binding and rebinding accounted for 3% of the total; all other operating expenditures, for 6%. Aside from microform holdings, some 305 million volumes were held by the libraries at the end of 1967-68. Over 2.5 million periodical titles were being received, while the number of serial titles other than periodicals was slightly more than 1 million. Of the 43,500 nonhourly personnel, 17,400 or 40% represented librarians, 5% were professional staff other than librarians, and 55% were nonprofessionals. The assistance provided by students and hourly personnel amounted to nearly 32 million hours. The overall library expenditures taken as a percent of total institutional expenditures for educational and general purposes (including organized research) was 3.7%. (Author/MF)