Annual Report and Accounts for the Year Ended 30th June, 1970

Your Council has pleasure in submitting its report for the year ended 30th June, 1970. COUNCIL The following served as Office Bearers during the year under review: Messrs J. K. E. Douglas (President), V. C. Robinson and Prof D. D. Howat (Vice-Presidents), R. C. J. Goode (Immediate Past President) and D. G. Maxwell (Honorary Treasurer). Members of Council: Mr. R. J. Adamson, Dr. M. G. Atmore, Mr M. Barcza, Dr J. M. Bereza, Messrs H. Britten, H. E. Cross, A. R. C. Fowler, G. W. Holl, Dr J. P. Hugo, Messrs N. A. Honnet, P. Lambooy, Prof J. de V. Lambrechts, Mr C. E. Mavrocordatos, Dr J. T. McIntyre, Messrs J. Meintjies, T. C. A. Meyer, J. A. Nixon, Prof R. P. Plewman, Dr R. E. Robinson, Messrs J. F. Reid, H. Simon and P. W. J. van Rensburg. Ten Council meetings were held during the year with an average attendance of seventeen and the standing committees held 45 meetings. FINANCE The annual accounts, which are attached to this report, show an excess of expenditure over income of R4,608 compared with R2,124 last year. This deterioration can be attributed largely to two important factors, namely an increase in secretarial fees of RI, 789 and an increase in the loss on the Journal from R2,343 to R3,508. In addition, our contribution to the expenses of the Federation of Societies of Professional Engineers increased by R607 from R549 to R1,156. The increase in secretarial fees is partly due to our increased demand for services and partly to increased salaries. In order to maintain its essential services it has been necessary for the A.S. & T.S. to increase salaries in order to keep pace with commerce and industry. With regard to the Journal, we did not expect immediate dramatic results from the changes that were effected as from the beginning of last year in the arrangements for publication. However, the improvement has been even slower in materialising than we expected. This situation is being watched carefully and we will not hesitate to make further changes if necessary. It became clear early in the year that the financial position was deteriorating and your Council decided that it was essential to meet the situation by raising subscriptions and entrance fees. At the same time it was decided that there are no grounds for a distinction between Town and Country members and that in future the scale for the compounding of subscriptions should be based on anticipated future membership, rather than past membership. These changes have had only a minor effect on the accounts under consideration. The MacArthur Forrest Memorial Fund shows an excess of income over expenditure of R132 and the total fund was, therefore, increased by this amount to R4,338. The balance sheet shows that the market value of quoted shares and debentures decreased during the year from R13,059 to R6,567, while accumulated funds now amount to R17,959 compared with R22,567 last year. It will also be noted that we are holding R25,844 on behalf of the Symposium on Opencast Mining. MEMBERSHIP Twenty-eight Fellows, twenty-four Members, seventeen Graduates, twenty-five Associates and twenty-seven Students were elected during the year. Four Members were admitted to Life Membership; Five Members were transferred to the grade of Fellow; one Student was transferred to the grade of Member; two Graduates and one Student were transferred to the grade of Member; six Students were transferred to the grade of Graduate; One Associate was transferred to the grade of Fellow; One Associate was transferred to the grade of Graduate. One Fellow, one Member, six Graduates, four Affiliates and ten Students were removed from the Membership Roll in terms of by-law 7.7.1. Your Council records with deep regret the death during the year, of the following: R. A. H. Flugge-de-Smidt, C. S. McLean, Dr H. J. van Eck, (Honorary Life Fellows), J. C. Humphreys, O. Lazar (Life Fellows), D. G. Beadle, J. G. Craig, P. U. Fisher, R. G. McConnell, J. H. Moore, S. Sterling, L. R. Ulyate (Fellows), H. H. Burger, E. A C. Dickson, R. Jack, S. Ring (Members), M. J. Worrall (Graduate). A comparative statement of the membership as at 30th June, 1970, and the end of the previous year is shown in the following tabulation: 30th June 30th June Honorary Life Fellows 10 8 Honorary Fellows 6 6 Life Fellows 189 191 Fellows 514 530 Members 448 465 Graduates 68 80 Associates 155 172 Students 162 161 1,552 1,613 RECLASSIFICATION OF MEMBERSHIP The designations of grades of membership were altered to accord with the practice in professional institutes both here and overseas and members were advised of the new classifications. MEMBERSHIP DRIVE A committee was established to organise a drive for membership as it was felt that there are numbers of persons in our mining and metallurgical industries who are not yet members but who qualify for membership. Members of the committee were allocated responsibility for campaigning in sections of industry and for publicising the aims, objectives and advantages of belonging to the Institute.