This report provides the verbatim minutes of the meeting of the Association of Research Libraries (ARL) on the theme, The Future of Scholarly Communication. Comments by David W. Breneman and Warren J. Haas on the Report of the National Enquiry into Scholarly Communication were followed by general discussion, as was Richard W. Boss's The Library Catalog Cost Model: A Tool for Decision Makers. James Banner gave a special address on Research Libraries and the Humanities. The business meeting included the reports of the President, Executive Director, Task Force on ARL Membership Criteria, Executive Director Search Committee, Task Force on National Library Network Development, Committee on Interlibrary Loan; and on the Office of Management Studies and on the China Trip. Appendices contain the reports of the ARL Task Force on Bibliographic Control and the Committee on a National Bibliographic System, as well as membership and attendance lists. (RAA)