This study contains analyses of trends in the level of university research and development expenditures in the sciences and engineering from 1964 through 1973. The report is divided into three main sections: (1) current research and development expenditures in the sciences and engineering; (2) capital expenditures for research, development, and instruction in the sciences and engineering; and (3) current direct expenditures for instruction and departmental research in graduate-degree-granting institutions in the sciences and engineering. Statistical tables show current research and development allocations according to: (1) source of funds, (2) type of research and development activity, (3) field of science, (4) type of control, (5) type of institution, (6) geographic distribution, and (7) concentration of research and development expenditures. The study also distinguishes between universities and colleges and federally-funded research and development centers administered by universities and colleges in the reporting of data. (Author/CP)