The operation of the Central Bureau for Astronomical Telegrams, thanks to the diligence of its Director and his collaborators, has continued to remain relatively tranquil and quite effective since January 1968, following the methodology established by the previous Director, Dr Owen J. Gingerich. Financial problems, temporarily at least, seem not to be of major concern. The effective subsidy by the Smithsonian Astrophysical Observatory has been reduced almost to a tolerable level. Policy with regard to the content of the Circulars, however, deserves continuing surveillance by the subscribers.