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F e d e r a l R e s e r v e b a n k o f Da l l a s DALLAS, TEXAS 75222 Circular No. 67-154 A ugust 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: Riverside2-3271 (For night, week-end, and holiday emergency calls: R iverside2-4528) 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: CApitol7-4153 CONTENTS Page HEAD OFFICE Directors ________ Member of the Federal AdvisoryCouncil_______________________ Officers ___________________________________________________ Departments and functions Accounting _____________________________________________ Auditing _______________________________________________ Bank and public relations_________________________________ Bank examination and supervision_________________________ Cash __________________________________________________ Collections — checks, othercashitems, and noncash items Data Processing _________________________________________ Emergency planning_____________________________________ Fiscal agency ___________________________________________ Functional cost analysis___________________________________ Legal __________________________________________________ Loans and rediscounts___________________________________ Personnel ______________________________________________ Planning _______________________________________________ Regulations of the Board of Governors_____________________ Research and statistical __________________________________ Reserve accounts of member banks_________________________ Secretary of the Board of Directors_________________________ Securities Issuance, redemption, and exchange______________________ Purchase and sales ___________________________________ Safekeeping _________________________________________ Services — Building and otheroperations____________________ 1 1 2 3 3 4 4 5 5 6 6 6 7 7 8 8 9 11 9 3 10 7 5 5 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 L EV 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 R A LPH A. PO RTER, President, The State National Bank of Denison, Denison, Texas CLASS B DIRECTORS J. B. PERRY, JR., Real Estate Investments and Development, Lufkin, Texas C. A. TATUM , JR., President and Chief Executive Officer, Texas Utilities 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 T H 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 A u g u s t 23, 1967 HEAD OFFICE Federal Reserve Bank of Dallas OFFICERS W ATROUS H. IRONS, President P. E. COLD W ELL, First Vice President ROY E. BOHNE, Vice President JAM ES L. CAUTHEN, Vice President R A 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 A R TH U 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. TH AXTON, JR., Assistant Vice President E. W. VORLOP, JR., Assistant Vice President J. Z. ROW E, Director of Research JAM ES O. RUSSELL, Chief Examiner T. E. SPRENG, Data Processing Officer JERRY P. W ILSON , Planning Officer 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 HERM AN B. HUDSON, Assistant General Auditor 2 R evised A u g u s t 23, 1967 HEAD OFFICE Federal Reserve Bank of Dallas HEAD OFFICE ACCOUNTING E. W. Vorlop, Jr., Assistant Vice President Robert A. Brown, Assistant Cashier Robert R. Ball, 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 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 Revised A u g u s t 23, 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 Charles A. Gore, Review 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 Activities of National Banks O—Loans to Executive Officers of Member Banks Q—Payment of Interest on Deposits 4 R evised A u g u s t 23, 1967 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 Rules Regarding Delegation of Authority 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 Food stamp coupons 5 R evised A u g u s t 23, 1967 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 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 J — Collection of Checks and Other Items by Federal Reserve Banks Federal Reserve Postal Substation “K ” Mail — incoming and outgoing Interdepartmental messenger service DATA PROCESSING E. W. Vorlop, Jr., Assistant Vice President Theodore E. Spreng, Data Processing Officer Coy L. Vick, Manager Electronic computer operations EMERGENCY OPERATIONS James 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 A u g u s t 23, 1967 HEAD OFFICE Federal Reserve Bank of Dallas FISCAL AGENCY (Continued) Richard D. Ingram, Assistant Cashier J. R. Benton, Manager United States savings bonds and notes Accounts of issuing agents Issue, reissue, exchange, and redemption of savings bonds and notes Lost, stolen, or destroyed savings bonds and notes Paying agent settlement Qualification of issuing and paying agents Shipments of savings bonds and notes 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 evised A u g u s t 23, 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 Warrants 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 Thomas C. Cole, 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 A u g u s t 23, 1967 HEAD OFFICE Federal Reserve Bank of Dallas PLANNING E. W. Vorlop, Jr., Assistant Vice President J. P. Wilson, Planning Officer Computer Systems Analysis Computer Programming Data Processing Equipment Analysis Methods Analysis W ork Measurement Plan W ork Simplification Forms Control Standard Methods of Procedure Control 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) Raynal L. Hammelton, Economist (General) Jane Kennedy, Economist (General) R. Gerald Saylor, Economist (Finance) Assembling and analyzing economic data — agriculture, trade, finance, and industry Banking, business, agricultural, and other economic releases Business Review and Statistical Supplement Farm and Ranch Bulletin Statistical: Stanley M. McAnelly, Jr., Administrative Assistant James W. Lane, Research Analyst William H. Eidt, 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 evised A u g u s t 2 3 , 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 A u g u s t 23, 1967 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_______________Leon W. Cowan----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_______________________Leon W. Cowan 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 Activities of National Banks___________T. R. Sullivan N—Relations with Foreign Banks and Bankers______Leon W. Cowan O—Loans to Executive Officers of MemberBanks 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_____ T. R. Sullivan S—Bank Service Arrangements 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 Rules Regarding Delegation of Authority___________ T. R. Sullivan 11 R evised A u g u s t 23, 1967 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, Director and Consultant, Southern Arizona Bank and Trust Company, Tucson, Arizona ROBERT F. LOCKHART, 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 Paso — Texas Western College, El Paso, Texas AR CH 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 FO R R EST E. COLEMAN, Cashier THOM AS H. ROBERTSON, Assistant Cashier 12 R evised A u g u s t 23, 1967 EL PASO BRANCH Federal Reserve Bank of Dallas EL PASO BRANCH FREDRIC W. REED, Vice President in Charge FO R R E ST E. COLEMAN, 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 THOM AS H. ROBERTSON, Assistant Cashier Loan and discount operations Administration and interpretation of Regulation U — Loans by Banks for the Purpose of Purchasing or Carrying Registered Stocks 13 R evised A u g u s t 23, 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 A u g u s t 2 3 , 1967 HOUSTON BRANCH Federal Reserve Bank of Dallas R. J. SC H 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 Harry 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 A u g u s t 23, 1967 SAN ANTONIO BRANCH Federal Reserve Bank of Dallas SAN ANTONIO BRANCH DIRECTORS Chairman of the Board HAROLD D. HERND 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. MUNDT, Cashier ALVIN E. RUSSELL, Assistant Cashier FR ED ER IC K J. SCHMID, Assistant Cashier 18 R evised A u g u s t 23, 1967 SAN ANTONIO BRANCH Federal Reserve Bank of Dallas SAN ANTONIO BRANCH CARL H. MOORE, Vice President in Charge A. E. M UNDT, Cashier A LVIN E. RU SSELL, 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 19 R evised A u g u s t 23, 1967 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 by Banks 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 A u g u s t 23, 1967