Science, Industry and Business Library Acquires Important Business Reports, Research Studies, and Collections

New York, New York, March 7, 2003 -- When Texaco merged with Chevron in 2000, the newly formed oil company moved to California. In the process of vacating its headquarters in White Plains, New York, Texaco offered the contents of its library to the Science, Industry and Business Library (SIBL) of The New York Public Library.  The resulting acquisition enhanced the already extensive company information collections at SIBL, the nation’s largest public information center devoted to business and science.  The Texaco material includes a complete set of research reports compiled by the American Petroleum Association, including research on the development of new petroleum products. The gift also enabled the Library to complete its set of the Journal of Polymer Science and added hydrocarbon processing periodicals to the Library’s collections.

This past August, Arthur Andersen was closing its New York City library and donated important titles from its collection to SIBL.  Among the specialized materials dealing with the accounting and consulting industries were the Multi-State Payroll Guide that documents state-by-state benefits and minimum wage regulations of the individual states; the Handbook of International Investing that deals with the possibilities and regulations of international investment; and I/B/E/S Monthly Summary Data,a series from Institutional Brokers Estimate Systems of statistical analysis of companies included in the S&P 500.

In times of corporate mergers, downsizing, and closings, these major gifts enable companies to keep their names and histories alive and are important research tools, offering specialized industry and company information that provide business students and business researchers with materials not otherwise available. The collections continue a Library tradition of being a repository for important materials from corporate libraries that are being dissolved or reduced. In  1998 the New York Stock Exchange, which was reducing the size of its library, gave SIBL a major gift.  Valued at $50,000, the donation included microfilm back editions of The New York Times and statistical reports of transactions on the New York Stock Exchange from 1939 through 1978.

“Gifts like these bolster the Library’s world-class collections,” observed Kristin McDonough, the Robert and Joyce Menschel Director of the Science, Industry and Business Library.  “Especially during the current economic downturn and its impact on the Library’s funding, we count on the generosity of the business community and the private sector at large to help us continue to offer rich and often unique information resources to our researchers.”

Science, Industry and Business Library
188 Madison Avenue at 34th Street, New York
Hours are: Tuesday through Thursday from 10 a.m. to 8 p.m.; Friday and Saturday from 10 a.m. to 6 p.m.

Science, Industry and Business Library
The Science, Industry and Business Library (SIBL), one of the four research libraries of The New York Public Library, is the nation’s largest public information center devoted solely to science and business. Its circulating and noncirculating collections are enhanced by services and electronic resources geared to the needs of science and business users for quick, efficient access to accurate, up-to-date information.

Reflecting advances in information and computer technology, SIBL houses multi-format collections. An Electronic Information Center (EIC), with 73 workstations, connects users to the hundreds of internal and external electronic information resources. The EIC is supported by a 39-workstation Electronic Training Center (ETC). SIBL also offers a circulating library of approximately 40,000 titles, and a noncirculating research collection of 1.2 million volumes.

SIBL’s collections feature a wide range of materials, including electronic business and scientific resources from networked CD-ROMs, online services, and the Internet; a comprehensive collection of U.S. and foreign government documents, patents, local laws, New York City information, and demographics; extensive international trade and business resources; extensive applied science and technology resources that support business development; U.S. and foreign industrial directories and buyers’ guides; corporate annual reports, both domestic and foreign, in microfiche and electronic formats; financial information services (loose-leafs, stock reporting services, and newsletters); handbooks and reference works.

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This press release is available on the web at www.nypl.org/press.

Contacts: Rima Corben or Herb Scher at 212.704.8600
 

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