In the AAUP Bulletin of October 1976, the Machlup article about scarcity of library statistics leaves a false impression, for academic librarians collect many useful statistics. Questionnaires often lack proper terminology, especially regarding serials, continuations, and monographic series, and the Machlup questionnaire contains unusually imprecise definitions. Further, the labor involved in ... [Show full abstract] taking statistics must be weighed against the potential benefits, especially in the light of forces beyond librarians' control. There are ways in which library statistics are paying off. Conclusions of the Machlup Study will hopefully be made known beyond library circles.