Abstract
At the General Assembly of the IAU at New Delhi van Altena reported on the new General Catalogue of Trigonometric Stellar Parallaxes (GCTSP) which was completed recently at the Yale Observatory. Time seems to be ripe now for the compilation of a Third Catalogue of Nearby Stars which will include all objects known to be nearer than 25 parsecs. This catalogue will contain positions, proper motions, radial velocities, spectral types, broad-band photometry, and parallaxes - quantities won by observations.
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