The work of the Appointment Office and Alumni Associations in finding permanent positions for graduates, although it has not materially enlarged during the year, is filling a valuable place in offering a clearing-house for bringing graduates in touch with employers. It is a significant fact that the average salary paid this year is $80 larger than the year before.

That the Harvard Club in New York has undertaken the work of aiding recent graduates in the city to find positions is a distinct advance. The Club has not only proved its efficiency but serves as an example to other Clubs in starting the same sort of work, which will make them more valuable.