Topics in this Institute Report include: Message from the Director [James A. Baker]: The Research Program, Education, Financial Situation; Virus Research Institute Staff: Administration, Animal Care, Maintenance, Laboratories, Cooperating Staff; Publications from the Veterinary Virus Research Institute; Acknowledgements: Individuals, Research Partners, Veterinarians, Veterinary Associations, Foundations and Trusts, Companies, Hunts and Clubs; In Memoriam: A. Wells Peck; Bequests: Dr. Vaughn W. Rood, Marjorie Langley Ryan.