Editorial by Michael Moore [1] Eric Ogden by Michael Moore and Frank Pauer [3] Exhibiting Your Material – Part 2 by John Sadler [9]
Covers at Auction [12]
Australian Cover Society Cover No. 1 [14] Neilson James Falconer by Joy Falconer [16]
Postal Bid Sale 2 [17] Orlo-Smith and Co by Michael Moore [21]
Letters to the Editor [26]
Members Introduce Themselves [28]
Annual Report 2003 [29]
Annual Accounts [31]
Favourite Cover [32] Newcastle Stamp Show 2003 by John Sadler [34]
Cachetmakers News [36]