This bulletin contains a report of 89 land-grant institutions for the year ended June 30, 1949. A preliminary report giving selected data from those institutions that had reported at that time was prepared and distributed at the meeting of the Association of Land-grant Colleges and Universities in Kansas City, Missouri, on October 25-27, 1949. The report included data from the annual reports on enrollments and degrees from 60 institutions, and on finances from 58 institutions. The land-grant colleges--so-called because public lands were granted to the States for their establishment or support--operate in each of the 48 States and in Alaska, Hawaii, and Puerto Rico. In States maintaining segregated school systems, separate land-grant colleges have been established for Negro students. The second Morrill Act (1890) requires that each land-grant college and university make two reports annually: (1) a detailed statement by the treasurer of Federal appropriations received and disbursed; and (2) a report by the president regarding the condition and progress of the institution. The detailed statement by the treasurer was requested and made in the same form that has been used by the Office of Education for the past 13 years. The report by the president is requested in two parts and a supplement. Part I gives the number of staff members, variously classified, students, and degrees, by level and by field. Part II shows financial transactions and condition of the institution. The supplement details the funds received from the Federal Government, the total of which is carried in part II, the report on educational and general income of the institution. (Contains 19 tables and 1 footnote.) [This bulletin was prepared under the direction of Robert C. Story and in consultation with Frederick J. Kelly. Best copy available has been provided.]