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F e d e r a l

R e s e r v e

B a n k


D allas, Texas, July 30, 1962


To All Banks in t h e


R e se rv e District:

I am pleased to announce that the Board of Directors of the Federal Reserve Bank of
Dallas has made the following changes in the official staff of the Bank, effective August 1,
Philip E. Coldwell, formerly Vice President in charge of the Research Department, has
been designated Vice President and Economic Adviser, attached to the office of the President.
Ralph T. Green has been employed as Vice President of the Bank and will have general
supervision over the Research Department. Mr. Green, formerly Financial Economist with the
Bank, has been Director of the Texas Commission on Higher Education for the past six years.
J. Z. Rowe, Senior Economist and Assistant Director of Research, has been promoted
to Director of Research.
Leon W. Cowan, formerly a senior examiner, has been promoted to Assistant Vice PresiĀ­
dent and assigned to the Examination Department, with direct responsibilities over the
Review and Analysis Section.
Yours very truly,


This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (

Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102