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FEDERAL RESERVE BANK OF DALLAS
DALLAS, TEXAS

75222

Circular No. 67-9
January 23, 1967

To the Principal Executive Officer
of the Member Bank Addressed:

Enclosed is a loose-leaf copy of the new and revised Directory of
the Federal Reserve Bank of Dallas and Branches. Please substi­
tute this new directory for the one which you now have in your
binder of regulations of the Board of Governors and bulletins of the
Federal Reserve Bank of Dallas.
If you should desire additional copies of this Directory, we shall be
glad to make them available upon request.
Sincerely yours,
W atrous H. Irons
President

Enclosure (1)

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

D I R E C T O R Y
OF THE
FEDERAL RESERVE BANK OF DALLAS
AND BRANCHES
Head Office, 400 South Akard Street, Dallas, Texas
Mailing Address

Station K
Dallas, Texas 75222
Telephone: Riverside 2-3271
(For night, week-end, and holiday emergency calls: Riverside 2-4528)

El Paso Branch, 301 East Main Street, El Paso, Texas
Mailing Address

P. O. Box 100
El Paso, Texas 79999
Telephone: 532-1681
Houston Branch, 1701 San Jacinto Street, Houston, Texas
Mailing Address

P. O. Box 2578
Houston, Texas 77001
Telephone: CApitol 7-8281
San Antonio Branch, 210 West Nueva Street, San Antonio, Texas
Mailing Address

P. O. Box 1471
San Antonio, Texas 78206
Telephone: CApitol 7-4153

CONTENTS
Page

HEAD OFFICE
D irectors__________________________________________________ 1
Member of the Federal AdvisoryCouncil_____________________
1
Officers ___________________________________________________ 2
Departments and functions
Accounting _____________________________________________ 3
Auditing _______________________________________________ 3
4
Bank and public relations______________
Bank examination and supervision_________________________ 4
Cash __________________________________________________ 5
Collections — checks, othercashitems, and noncash items
5
______________________________________ 6
Data Processing
Emergency planning_____________________________________ 6
Fiscal agency ___________________________________________ 6
Functional cost analysis___________________________________ 7
7
Legal ______________________
Loans and rediscounts___________________________________ 8
Personnel ______________________________________________ 8
Regulations of the Board ofGovernors______________________ 11
Research and statistical __________________________________ 9
Reserve accounts of memberbanks__________________________ 3
Secretary of the Board of Directors_________________________ 10
Securities
Issuance, redemption, and exchange______________________ 7
Purchase and sales ___________________________________
5
Safekeeping _________________________________________ 5
Services — Building and otheroperations____________________ 10

EL PASO BRANCH
Directors and officers ____
12
Functions
Auditing _______________________________________________ 14
Other ________________________________________________13-14

HOUSTON BRANCH
Directors and officers------------------------------------------------------------- 15
Functions
Auditing _______________________________________________ 17
Other ________________________________________________16-17

SAN ANTONIO BRANCH
Directors and officers _______________________________________ 18
Functions
Auditing _______________________________________________ 20
Other ________________________________________________19-20

HEAD OFFICE
Federal Reserve Bank
of Dallas

DIRECTORS
Chairman of the Board and Federal Reserve Agent
CARL J. TH O M SEN
Deputy Chairman
MAX LEV IN E
CLASS A DIRECTORS
MURRAY KYGER, Chairman of the Board, The First National
Bank of Fort Worth, Fort Worth, Texas
J. EDD M cLAUGHLIN, President, Security State Bank & Trust
Company, Ralls, Texas
RA LPH A. PO RTER, President, The State National Bank
of Denison, Denison, Texas
CLASS R DIRECTORS
J. B. PERRY, JR., Real Estate Investments and Development,
Lufkin, Texas
C. A. TATUM , JR., President and General Manager, Dallas Power &
Light Company, Dallas, Texas
H. B. ZACHRY, Chairman of the Board, H. B. Zachry Company,
San Antonio, Texas
CLASS C DIRECTORS
MAX LEV IN E, Retired Chairman of the Board, Foley’s,
Houston, Texas
K E N N E TH S. PITZER, President and Professor of Chemistry,
Rice University, Houston, Texas
CARL J. TH OM SEN , Senior Vice President, Texas Instruments
Incorporated, Dallas, Texas
FEDERAL ADVISORY COUNCIL MEMBER
ROBERT H. STEW ART, III, Chairman of the Board, First National
Bank in Dallas, Dallas, Texas
1
R evised January 20, 1967

HEAD OFFICE
Federal Reserve Bank
of Dallas

OFFICERS
W ATROUS H. IRONS, President
P. E. COLDWELL, First Vice President
ROY E. BOHNE, Vice President
JAM ES L. CAUTHEN, Vice President
RA LPH T. GREEN, Vice President
JAM ES A. PARKER, Vice President
T. W. PLANT, Vice President and Cashier
W. M. PR ITC H ET T, Vice President
THOM AS R. SULLIVAN, Vice President
ARTHU R H. LANG, General Auditor
GEORGE F. RUDY, General Counsel
ROBERT H. BOYKIN, Assistant Vice President and
Secretary of the Board
LEON W. COWAN, Assistant Vice President
TONY J. SALVAGGIO, Assistant Vice President
E. A. THAXTON, JR., Assistant Vice President
E. W. VORLOP, JR., Assistant Vice President
J. Z. ROWE, Director of Research
JAM ES O. RUSSELL, Chief Examiner
SIDNEY J. ALEXANDER, JR., Assistant Cashier
ROBERT A. BROW N, Assistant Cashier
RICHARD D. INGRAM, Assistant Cashier
HARRY E. ROBINSON, JR., Assistant Cashier
JE SSE D. SANDERS, Assistant Cashier
GEORGE C. COCHRAN, III, Assistant Counsel and Assistant
Secretary of the Board
EIERMAN B. HUDSON, Assistant General Auditor

2
R evised January 20, 196

HEAD OFFICE
Federal Reserve Bank
of Dallas

HEAD

OFFICE

ACCOUNTING
E. W. Vorlop, Jr., Assistant Vice President
Robert A. Brown, Assistant Cashier
C. L. Vick, Manager
General Books and Bank Accounts Division
Member bank reserve accounts
Orders for drafts on Federal Reserve Bank
Reserve deficiencies
Nonmember bank clearing accounts
Signature authorities
Stop-payment orders
Settlement for direct sent cash letters
Administration and interpretation of Regulation D —
Reserves of Member Banks
Telegraph — Transfers of Funds Division
Telegraphic transfers of funds
Mail transfers of funds
Communications : Telephone service; Wire service —
private and commercial
Expenditures Division
Issuance of voucher checks in payment of expenses
(except payroll) of Federal Reserve Bank
Dividends on Federal Reserve Bank stock
Administration and interpretation of Regulation I —
Issue and Cancellation of Capital Stock of Federal Reserve
Banks
Commodity Credit Corporation Section
Disbursements and collections in connection with cotton
loan program for New Orleans office of Agricultural
Stabilization and Conservation Service
Disbursements and collections in connection with peanut loan
program for Fiscal Control Branch, Washington, D. C.

AUDITING
Arthur H. Lang, General Auditor
Herman B. Hudson, Assistant General Auditor
Reconciliation of accounts of member banks and others

3
R evised January 20, 1967

HEAD OFFICE
Federal Reserve Bank
of Dallas

AUDITING

(Continued)

Verification of accounts and balances furnished to bank examiners and
others
Investigation of adjustments affecting member bank reserve accounts,
Treasury tax and loan accounts, and others
Check disposition of incoming money and security shipments
Obtain receipts for outgoing money and security shipments
BANK AND PUBLIC RELATIONS
Ralph T. Green, Vice President
Harry E. Robinson, Jr., Assistant Cashier
Harold M. Faulkner, Senior Field Representative
Pope M. Guy, Field Representative
Visits to member and nonmember banks
Visitors at Federal Reserve Bank
Tours of building
Relations with schools and colleges
Federal Reserve Bank’s paper currency exhibits
Sound films on the Federal Reserve System
BANK EXAMINATION AND SUPERVISION
Thomas R. Sullivan, Vice President
James O. Russell, Chief Examiner
Examination of state member banks and affiliates
Applications for membership in Federal Reserve System
Administration and interpretation of Regulations:
C—Acceptance by Member Banks of Drafts or Bills of Exchange
F —Securities of Member State Banks
H—Membership of State Banking Institutions in the Federal Reserve
System
K—Corporations Doing Foreign Banking or Other Foreign Financing
Under the Federal Reserve Act
L—Interlocking Bank Directorates Under the Clayton Act
M—Foreign Branches of National Banks
O—Loans to Executive Officers of Member Banks
Q—Payment of Interest on Deposits

4
R ev ised J anuary 20, 1 9 6 7

HEAD OFFICE
Federal Reserve Bank
of Dallas

BANK EXAMINATION AND SUPERVISION (Continued)
R—Relationships with Dealers in Securities Under Section 32 of the
Banking Act of 1933
S—Bank Service Arrangements
T —Credit by Brokers, Dealers, and Members of National Securities
Exchanges
U—Loans by Banks for the Purpose of Purchasing or Carrying Regis­
tered Stocks
Y—Bank Holding Companies
CASH AND SECURITIES
E. A. Thaxton, Jr., Assistant Vice President
Jesse D. Sanders, Assistant Cashier
Harvey T. Eshleman, Manager
Money Division
Shipment and delivery of currency and coin
Receipt and verification of currency and coin
Reports of unusual currency transactions on Form TCR-1, pursuant
to request of United States Treasury Department
Postmasters’ deposits
Securities Division
Purchase and sale of securities for account of member banks
Receipt and delivery of securities purchased or sold for account of
member banks
Custody of securities for member banks
Telegraphic transfer of bearer Government securities
Payment of coupons of the United States Government and govern­
mental agencies
COLLECTIONS — CHECKS, OTHER CASH ITEMS, AND
NONCASH ITEMS (TRANSIT DEPARTMENT)
Tony J. Salvaggio, Assistant Vice President
Sidney J. Alexander, Jr., Assistant Cashier
Jack A. Clymer, Manager
Collection of cash items
Checks and other cash items
Government checks drawn on the Treasurer of the United States
Postal money orders

R evised January 20, 1967

5

HEAD OFFICE
Federal Reserve Bank
of Dallas

(TRANSIT DEPARTMENT) (Continued)
Direct routing of checks and other cash items to Federal Reserve
banks and branches by member and nonmember clearing banks
Returned or dishonored items
Magnetic ink character recognition program
Check routing symbol program
Administration and interpretation of Regulation J — Check
Clearing and Collection
Collection of noncash items
Notes, drafts, and other noncash items
Corporate bonds and coupons
Payment vouchers drawn against Government letters of credit
Administration and interpretation of Regulation G — Collection of
Noncash Items
Food Stamp Program
Federal Reserve Postal Substation “K ”
Mail — incoming and outgoing
Interdepartmental messenger service
DATA PROCESSING
E. W. Vorlop, Jr., Assistant Vice President
Robert A. Brown, Assistant Cashier
Ted E. Spreng, Manager
Electronic computer operations
Computer Programming
Forms Control
Standard Methods of Procedure Control
EMERGENCY PLANNING
Janies L. Cauthen, Vice President
Leo T. Howell, Special Assistant — Emergency Planning
Emergency preparedness planning
FISCAL

AGENCY

Robert H. Boykin, Assistant Vice President and
Secretary of the Board

6
R evised January 20, 1967

HEAD OFFICE
Federal Reserve Bank
of Dallas

FISCAL AGENCY (Continued)
Richard D. Ingram, Assistant Cashier
J. R. Benton, Manager
United States savings bonds
Accounts of issuing agents
Issue, reissue, exchange, and redemption of savings bonds
Lost, stolen, or destroyed savings bonds
Paying agent settlement
Qualification of issuing and paying agents
Shipments of savings bonds
United States Retirement Plan Bonds
Issue, reissue, and redemption of Retirement Plan Bonds
Lost, stolen, or destroyed Retirement Plan Bonds
Marketable Government securities
Issue, exchange, transfer, and redemption of securities
Lost, stolen, or destroyed securities
Subscriptions to cash or exchange offerings of Government
securities
Treasury Tax and Loan Accounts
Accounts of depositaries (deposits and collateral)
Qualification of depositaries
Withdrawal calls
Federal taxes
Deposit of taxes
Duplicate receipts
Qualification of depositaries
Foreign assets control regulations
FUNCTIONAL COST ANALYSIS
Leon W. Cowan, Assistant Vice President
Charles W. Bailey, Functional Cost Analyst
Administration of Functional Cost Analysis Program for member banks
LEGAL
George F. Rudy, General Counsel
George C. Cochran, III, Assistant Counsel and
Assistant Secretary of the Board
7
R ev ised January 20, 1967

HEAD OFFICE
Federal Reserve Bank
of Dallas

LOANS AND REDISCOUNTS
Leon W. Cowan, Assistant Vice President
Jesse D. Sanders, Assistant Cashier
Billy J. Hayden, Assistant Manager
Collection and analysis of credit data
Record of Federal Reserve Bank’s investment in Government
securities
Voluntary Foreign Credit Restraint Program
Administration and interpretation of Regulations:
A—Advances and Discounts by Federal Reserve Banks
B— Open Market Purchases of Bills of Exchange, Trade Acceptances
and Bankers’ Acceptances Under Section 14
E — Purchase of W arrants
N—Relations with Foreign Banks and Bankers
V—Loan Guarantees for Defense Production

PERSONNEL
James A. Parker, Vice President
Harry E. Robinson, Jr., Assistant Cashier
Boyd E. Hurst, Manager
Employment
Employee Records
Preparation of payroll
Job analysis and evaluation
Salary and personnel policy surveys
Medical examinations and first aid
Employee counseling
Employee publication
Hospitalization and insurance
Retirement system
Cafeteria service for officers and employees
8
R evised January 20, 1 9 6 7

HEAD OFFICE
Federal Reserve Bank
of Dallas

RESEARCH AND STATISTICAL
Ralph T. Green, Vice President
J. Z. Rowe, Director of Research
Research: C. Howard Davis, Junior Economist (Industry)
Donald R. Fraser, Junior Economist (Finance)
J. C. Grady, Senior Economist (Agriculture)
Raynal L. Hammelton, Economist (General)
R. Gerald Saylor, Economist (Finance)
Assembling and analyzing economic data — agriculture, trade,
finance, and industry
Banking, business, agricultural, and other economic releases
Btisiness Review and Statistical Supplement
Farm and Ranch Bulletin
Statistical: Jerry J. Bender, Administrative Assistant
James W. Lane, Supervisor
Collection of statistical data on banking, retail trade, and
consumer credit
Preparation of statistical tabulations and reports
Foreign exchange transactions — reports
Research Library: Judy Coons, Librarian
Economic publications — books, periodicals, newspapers, special re­
ports, Government documents and releases, economic and
financial services, and other material to facilitate research

9
R ev ised January 20, 1967

HEAD OFFICE
Federal Reserve Bank
of Dallas

SECRETARY OF THE BOARD OF DIRECTORS
Robert H. Boykin, Assistant Vice President and
Secretary of the Board
George C. Cochran, III, Assistant Counsel and
Assistant Secretary of the Board
Proceedings of meetings of Board of Directors and committees of
Board of Directors
Election of Class A and Class B directors by member banks
Information regarding directors
SERVICES — BUILDING AND OTHER OPERATIONS
W. M. Pritchett, Vice President
George E. Dennis, Manager
Jesse W. Franklin, Building Superintendent
Leonard J. Finnegan, Guard Captain
Purchase of equipment and supplies
Maintenance of furniture and equipment
Building repairs and alterations
Heating and air conditioning
Records, files, and archives
Printing and duplicating services
Automobiles and armored truck
Protection of building, equipment, and valuables
10
R evised January 20, 1 967

REGULATIONS OF THE BOARD OF GOVERNORS

A—Advances and Discounts by Federal Reserve
Banks________________________________Leon W. Cowan
B—Open Market Purchases of Bills of Exhange,
Trade Acceptances,
Bankers’ Acceptances_______________ E. A. Thaxton, Jr.
C—Acceptance by Member Banks of Drafts or
Bills of Exchange_______________________ T. R. Sullivan
D—Reserves of Member Banks________________ E. W. Vorlop, Jr.
E—Purchase of W arrants_____________________ E. A. Thaxton, Jr.
F—Securities of Member State Banks______________ T. R. Sullivan
G—Collection of Noncash Items________________ Tony J. Salvaggio
H —Membership of State Banking Institutions
in the Federal Reserve System____________ T. R. Sullivan
I — Issue and Cancellation of Capital Stock
of Federal Reserve Banks_____________ E. W. Vorlop, Jr.
J — Check Clearing and Collection______________ Tony J. Salvaggio
K—Corporations Doing Foreign Banking or Other
Foreign Financing Under the Federal Re­
serve A c t
T. R. Sullivan
L—Interlocking Bank D irectorates U nder the
Clayton Act______________________________ T.R. Sullivan
M—Foreign Branches of National Banks
T.R. Sullivan
N—Relations with Foreign Banks and Bankers______Leon W. Cowan
O—Loans to Executive Officers of Member Banks

T. R. Sullivan

Q—Payment of Interest on Deposits_______________ T. R. Sullivan
R—Relationships with Dealers in Securities Under
Section 32 of the Banking Act of 1933
S—Bank Service Arrangements

T. R. Sullivan
T. R. Sullivan

T—Credit by Brokers, Dealers, and Members of
National Securities Exchanges_____________ T. R. Sullivan
U—Loans by Banks for the Purpose of Purchasing
or Carrying Registered Stocks

T. R. Sullivan

V—Loan Guarantees for Defense Production_______Leon W. Cowan
Y—Bank Holding Companies______________________ T. R. Sullivan

R ev ised January 20, 1967

11

EL PASO BRANCH
Federal Reserve Bank
of Dallas

EL

PASO

BRANCH

DIRECTORS
Chairman of the Board
GORDON W. FO STER
GORDON W. FO STER, Vice President and Director,
Farah Manufacturing Company, Inc., El Paso, Texas
ROBERT W. HEYER, President, Southern Arizona Bank &
Trust Company, Tucson, Arizona
ROBERT F. LOCKHART, Vice President, The State National Bank
of El Paso, El Paso, Texas
C. ROBERT McNALLY, JR., Rancher, Roswell, New Mexico
JO S E P H M. RAY, President, The University of Texas at El P aso —■
Texas Western College, El Paso, Texas
A RCH IE B. SCOTT, President, The Security State Bank of
Pecos, Texas
JO E B. SISLER, President, The Clovis National Bank,
Clovis, New Mexico

OFFICERS
FREDRIC W. REED, Vice President in Charge
T. C. ARNOLD, Cashier
FO R R EST E. COLEMAN, Assistant Cashier
12
R ev ised January 20, 1967

EL PASO BRANCH
Federal Reserve Bank
of Dallas

EL

PASO

BRANCH

FREDRIC W. REED, Vice President in Charge
T. C. ARNOLD, Cashier
FISCAL AGENCY — CASH DEPARTMENT
G. W. Saunders, Manager
Purchase and sale of securities for account of member banks
Receipt and delivery of securities purchased or sold for account of
member banks
Delivery of bearer Government securities pursuant to telegraphic trans­
fer from other Federal Reserve Banks
Payment of currency and coin
Receipt and verification of currency and coin
Reports of unusual currency transactions on Form TCR-1, pursuant to
instructions from the Treasury Department
Safekeeping of securities
Payment of coupons of the United States Government and govern­
mental agencies
Issue, exchange, and redemption
United States savings bonds
United States marketable securities
Treasury tax and loan accounts
Withholding tax deposits
Commodity Credit activities
SERVICE DIVISION
A. H. CLAYTON, Assistant Manager
FO R R E ST E. COLEMAN, Assistant Cashier
Loan and discount operations
Administration and interpretation of Regulation U — Loans by Banks
for the Purpose of Purchasing or Carrying Registered Stocks

R evised January 20, 1967

13

EL PASO BRANCH
Federal Reserve Bank
of Dallas

ACOUNTING DEPARTMENT
Thomas H. Robertson, Manager
Member bank reserve accounts
Orders for drafts on Federal Reserve Bank
Reserve deficiencies
Nonmember banks clearing accounts
Signature authorities
Stop-payment orders
Telegraphic transfers of funds
Mail transfers of funds
TRANSIT DEPARTMENT
M. D. Cline, Jr., Manager
Check collections, including Government checks drawn on the Treasurer
of the United States and postal money orders
Returned or dishonored items
Magnetic ink character recognition program
Check routing symbol program
Administration and interpretation of Regulation J — Check
Clearing and Collection
Noncash collections
Food Stamp Program
Payment vouchers drawn against Government letters of credit

AUDITING
Charles R. Bell, Branch Auditor
Reconciliation of reserve and deferred credits accounts and verifica­
tion of other accounts
Check disposition of incoming money and security shipments and obtain
receipts for outgoing money and security shipments

14
R evised January 2 0 , 1 9 6 7

HOUSTON BRANCH
Federal Reserve Bank
of Dallas

HOUSTON

BRANCH

DIRECTORS
Chairman of the Board
GEO. T. MORSE, JR.
DONALD B. CAMPBELL, Retired Works Manager, Sabine River
Works, E. I. du Pont de Nemours & Company, Orange, Texas
H EN RY B. CLAY, President, First Bank & Trust, Bryan, Texas
EDGAR H. HUDGINS, Ranching— Partner in Hudgins Division of
J. D. Hudgins, Hungerford, Texas
A. G. M cNEESE, JR., Chairman of the Board, Bank of the Southwest
National Association, Houston, ITouston, Texas
GEO. T. MORSE, JR., President and General Manager, Peden Iron &
Steel Company, Houston, Texas
W. G. TH O RN ELL, President, The First National Bank of Port
Arthur, Port Arthur, Texas
JO H N E. W H ITM O R E, President, Texas National Bank of
Commerce of Houston, Houston, Texas
OFFICERS
J. L. COOK, Vice President in Charge
RASCO R. STORY, Cashier
ROY E. MALEY, Assistant Cashier
R. J. SC H O EN H O FF, Assistant Cashier

15
R evised January 20, 1967

HOUSTON BRANCH
Federal Reserve Bank
of Dallas

HOUSTON

BRANCH

J. L. COOK, Vice President in Charge
RASCO R. STORY, Cashier

ROY E. MALEY, Assistant Cashier
TRANSIT DEPARTMENT
Kyle S. Savage, Manager
Check collections, including Government checks drawn on the
Treasurer of the United States and postal money orders
Returned or dishonored items
Magnetic ink character recognition program
Check routing symbol program
Administration and interpretation of Regulation J — Check
Clearing and Collection
Noncash collections
Food Stamp Program
CASH DEPARTMENT
R. M. Guinn, Manager
Payment of currency and coin
Receipt and verification of currency and coin
Reports of unusual currency transactions on Form TCR-1, pursuant to
instructions from the Treasury Department
Safekeeping of securities
Payment of coupons of the United States Government and
governmental agencies

16
R evised January 20, 1 9 6 7

HOUSTON BRANCH
Federal Reserve Bank
of Dallas

R. J. SCH O EN H O FF, Assistant Cashier
ACCOUNTING DEPARTMENT
W. A. Arnold, Jr., Manager
Member bank reserve accounts
Signature authorities
Stop-payment orders
Telegraphic transfers of funds
Mail transfers of funds
FISCAL AGENCY DEPARTMENT
John N. Ainsworth, Manager
Issue, exchange, and redemption
United States Savings bonds
United States marketable securities
Treasury tax and loan accounts
Withholding tax deposits
Commodity Credit activities
LOAN AND SERVICE DEPARTMENT
L. F. Moss, Manager
Loan and discount operations
Administration and interpretation of Regulation U — Loans by
Banks for the Purpose of Purchasing or Carrying Registered
Stocks
Purchase and sale of securities for account of member banks
Receipt and delivery of securities purchased or sold for account of
member banks
Delivery of bearer Government securities pursuant to telegraphic
transfer from other Federal Reserve banks
Payment vouchers drawn against Government letters of credit
AUDITING
H arry L. Small, Jr., Branch Auditor
Reconciliation of reserve and deferred credits accounts and
verification of other accounts
Check disposition of incoming money and security shipments and
obtain receipts for outgoing money and security shipments

17
R evised J a n u ar y.20, 1967

SAN ANTONIO BRANCH
Federal Reserve Bank
of Dallas

SAN

ANTONIO

BRANCH

DIRECTORS
Chairman of the Board
HAROLD D. H ERND ON
W. A. BELCHER, Veterinarian and Rancher, Brackettville, Texas
JAM ES T. DENTON, JR., President, Corpus Christi Bank and Trust,
Corpus Christi, Texas
TOM C. FROST, JR., President, The Frost National Bank of San
Antonio, San Antonio, Texas
HAROLD D. HERNDON, Independent Oil Operator, San Antonio,
Texas
MAX A. MANDEL, President, The Laredo National Bank,
Laredo, Texas
FRANCIS B. MAY, Chairman of Department of General Business and
Professor of Business Statistics, The University of Texas, Austin,
Texas
J. R. TH O RN TO N , Chairman of the Board and President,
State Bank and Trust Company, San Marcos, Texas

OFFICERS
CARL H. MOORE, Vice President in Charge
A. E. M UNDT, Cashier
ALVIN E. RUSSELL, Assistant Cashier
FR ED ER IC K J. SCHMID, Assistant Cashier
18
R ev ised J anuary 20, 1 9 6 7

SAN ANTONIO BRANCH
Federal Reserve Bank
of Dallas

SAN

ANTONIO

BRANCH

CARL H. MOORE, Vice President in Charge
A. E. M UNDT, Cashier
ALVIN E. RUSSELL, Assistant Cashier
ACCOUNTING DEPARTMENT
A. S. Bourdon, Manager
Member bank reserve accounts
Signature authorities
Stop-payment orders
Telegraphic transfers of funds
Mail transfers of funds
Payment vouchers drawn against Government letters of credit
CASH—-FISCAL AGENCY DEPARTMENT
W. R. Stockwell, Manager
Delivery of bearer Government securities pursuant to telegraphic
transfer from other Federal Reserve banks
Receipt and delivery of securities purchased or sold for account of
member banks
Payment of currency and coin
Receipt and verification of currency and coin
Reports of unusual currency transactions on Form TCR-1, pursuant
to instructions from the Treasury Department
Safekeeping of securities
Payment of coupons of the United States Government and
governmental agencies
Issue, exchange, and redemption
United States Savings bonds
United States marketable securities
Treasury tax and loan accounts
Withholding tax deposits
Commodity Credit activities

R ev ised January 20, 1967

19

SAN ANTONIO BRANCH
Federal Reserve Bank
of Dallas

FR ED ER IC K J. SCHMID, Assistant Cashier
LOAN AND SERVICE DEPARTMENT
C. H. Schriewer, Manager
Loan and discount operations
Administration and interpretation of Regulation U — Loans byBanks for the Purpose of Purchasing or Carrying Registered
Stocks
Purchase and sale of securities for account of member banks
TRANSIT DEPARTMENT
C. L. Jordan, Manager
Check collections, including Government checks drawn on the
Treasurer of the United States and postal money orders
Returned or dishonored items
Magnetic ink character recognition program
Check routing symbol program
Administration and interpretation of Regulation J — Check Clearing
and Collection
Noncash collections
Food Stamp Program

AUDITING
George W. Stover, Branch Auditor
Reconciliation of reserve and deferred credits accounts and
verification of other accounts
Check disposition of incoming money and security shipments and
obtain receipts for outgoing money and security shipments

20
R evised January 20, 1967