Report of the Executive Secretary and Treasurer.

The article presents the American Finance Association's executive secretary and treasurer's annual report. The 1990 Annual Meeting is announced, and will be held on December 27-30 in Washington, D.C. The "Journal of Finance" costs will be higher in 1991 due to the addition of their "Shorter Papers" section. The article discusses the use of credit cards in the payment of membership dues. The number of members for 1987, 1988, and 1989 are compared. The financial position of the American Finance Association is noted as having sufficient cash flow.