The New England section of The Society of Naval Architects and Marine Engineers held its annual student papers meeting recently which was attended by over 60 members and student members. The first paper, entitled "Influence of Design and Fabrication on
James R. Smith, president of The American Waterways Operators, Inc., Washington, D.C., has announced that 128 plant facilities were located along the waterways of the United States in the fourth quarter of 1976, creating nearly 25,000 permanent employment opportunities.
— Prospects For The Future — The oil industry had a disappointing year in 1991—the combined profits of the leading 20 oil companies were more than 20 percent belowthe income earned in 1990. Total sales of the oil companies in 1991 fell by more