Full text of Agricultural News Letter : Vol. 11, No. 11
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AGRICULTURAL NEWS LETTER F E D E R A L Vol. 11, No. 11 R E S E R V E B A NK OF DALLAS, TEXAS D A L L A S November 15, 1956 TEXAS FARM AND RANCH CREDIT SCHOOL F OR COMMERCIAL B A N K E R S Texas A. & M. College November 25-27, 1956 FUTURE OF AMERICAN AGRICUL TURE— The Undersecretary of Agriculture will present his views on the agricultural outlook. SOIL BANK— The 1957 program will be discussed by an Agri cultural Stabilization and Conservation of ficial. A Texas A. & M. econom ist w ill demonstrate methods of estimating whether it will be to a Texas farmer’s advantage to participate. BANKERS AND COMMUNITY IM PROVEMENT—A rural sociologist will outline the benefits of an improvement pro gram for Texas rural areas and show how local bankers can help. Current programs in Texas communities will be used to illustrate remarks. TEXAS PRODUCE LA W S— Cash receipts from fruits and vegeta bles in Texas d u rin g 1955 totaled over $100,0 0 0 ,0 0 0 . T h e S ta te Commissioner of Agri culture will discuss inspection laws for these crops. FARM AND RANCH FINANCING— A panel of Texas bankers and representa BEEF CATTLE OUTLOOK— Prospects tives of state and Federal supervisory agen cies are to outline the latest developments in for beef cattle will be discussed by wellfinancing agriculture and the techniques known leaders in the industry. The mod erator is one of the Nation’s outstanding used by banks serving farm customers. bankers in livestock finance. Production and IR R IG A T IO N —Irri marketing problems from producer to con gated acreag e in Texas sumer will be highlighted. in c re ase d 257 percent y jo . e W H A T ’S N E W ?— Top during the past decade. llffi research personnel of Texas An economist and a law yer will point out problems, costs, and legal la n A. & M. College will report I I 11 O H the latest research findings of aspects of farm irrigation development in II y interest to southwestern agri the State. culture. A ttention will be FUTURE OF COTTON—More than a focused on technological developments in third of Texas cash farm income last year poultry, animal, and crop sciences. came from cotton lint and seed. A cotton Bankers should send room reservations as marketing specialist will discuss the compet soon as possible to Dr. R. L. Hunt, Texas itive position of American cotton and cotton A. & M. College, College Station, Texas. merchandising problems. AGRICULTURAL NEWS LETTER 2 PROGRAM Memorial Student Center Sunday Evening, November 25 7:00 p.m. 10:55 a.m. H. H . M arshall, Program Specialist, State A gricultural Stabilization and C onservation Office, College Station, Texas Smorgasbord Toastm aster — Tyrus R. Timm, H ead, D epartm ent of A gricultural Economics and Sociology, A. & M. College of Texas 11:10 a.m. W elcome: Response — Roy Selby, President, Citizens State Bank, G anado, Texas, and Vice President, Texas Bankers Association Profit and Loss Budgets for Soil Bank Decisions R obert G. Cherry, Extension E cono mist, A gricultural Extension Service, A. & M. College o f Texas D avid H. M organ, President, A. & M. College of Texas D. W. Williams, Vice Chancellor for A gricul ture, Texas A. & M. College System The 1957 Acreage Allotments 11:25 a.m. Discussion 11:45 a.m. A djourn Monday Afternoon, November 26 Monday Morning, November 26 C hairm an — P. B. (Jack) G arrett, President, Texas Bank and T rust Company, Dallas, Texas, and Im m ediate Past President, Texas Bankers Association C hairm an — H . T. Swanner, Vice President, Citizens State Bank, Slaton, Texas, and C hairm an, A gricultural Comm ittee, Texas Bankers Association 1:30 p.m. 9:00 a.m. John C. W hite, Comm issioner of A gri culture, Austin, Texas T rue D. Morse, U ndersecretary o f Agri culture, W ashington, D. C. 9:40 a.m. Discussion 9:55 a.m. Recess 10:10 a.m. Discussion 2:15 p.m. The Future of United States Cotton M arion Rhodes, D irector, C otton D ivi sion, Comm odity C redit C orporation, W ashington, D. C. 2:45 p.m. Discussion 2:55 p.m. Recess 3:10 p.m. Beef Cattle Production and Industry Outlook (Panel Discussion) The Soil Bank I. H. Lloyd, Program Specialist, State A gricultural Stabilization and C onser vation Office, College Station, Texas 10:40 a.m. 2 :00 p.m. Production and Price Programs in 1957 G rover C. Carothers, Administrative Officer, State A gricultural Stabilization and Conservation Office, College Sta tion, Texas 10:20 a.m. Produce Inspection Laws of Texas The Future of American Agriculture The 1957 Commodity Loans and Price Supports Jack Bradshaw, Program Specialist, State A gricultural Stabilization and C onservation Office, College Station, Texas M oderator — W illiam E. D renner, Vice President, The F irst N ational Bank o f Memphis, Tennessee Discussants: William Bonner, R anchm an, G aines ville, Texas AGRICULTURAL NEWS LETTER Joe Finley, Sr., R anchm an and Feeder, Encinal, Texas 8:30 a.m. 8:50 a.m. Legal Aspects of Irrigation Burnell W aldrep, A ttorney, The U ni versity of Texas, Austin, Texas 3:50 p.m. Discussion 4:15 p.m. Trends in Farm and Ranch Financing (Panel Discussion) 9:10 a.m. Discussion 9:25 a.m. What’s New in Agriculture? (Symposium) M oderator — George A. Logan, As sistant Vice President, The F irst N a tional Bank of Waco, Texas J. C. Miller, Dean, School o f A gricul ture, A. & M. College of Texas Discussants: John H . Quisenberry, H ead, D epart m ent of Poultry Science, A. & M. Col lege o f Texas Chas. N. Shepardson, M em ber, Board of Governors, Federal Reserve System, W ashington, D. C. J. M. Falkner, State Banking Com m is sioner, Austin, Texas Reed D olan, Chief N ational Bank Exam iner, Eleventh Federal Reserve D istrict, Dallas, Texas John S. Rogers, H ead, D epartm ent o f A gronomy, A. & M. College of Texas 10:05 a.m. Discussion 10:15 a.m. Recess 10:30 a.m. Programs in Action of Farmers Home Administration M onroe H annes, President, T he F irst N ational Bank, Giddings, Texas W alter T. McKay, State D irector, F arm ers H ome A dm inistration, Dallas, Texas A rt Bralley, Vice President, The A m er ican N ational Bank of A m arillo, Texas 4:45 p.m. Irrigation — Outlook and Costs F ran k W. Hughes, Economist, Agricul tural Research Service, U nited States D epartm ent o f A griculture, College Station, Texas Claude Keeton, K eeton Livestock C om mission Co., Lubbock, Texas John G. M cNeely, Professor of Agri cultural Economics, A. & M. College o f Texas 3 A djourn 10:50 a.m. Discussion 11:00 a.m. The Banker’s Role in Community Improvement Monday Evening, November 26 7 :00 p.m. Reagan Brown, R ural Sociologist, A gri cultural Extension Service, A. & M. College of Texas Banquet Toastm aster — G. G. Gibson, D irector, Agricultural Extension Service, A. & M. College of ^ exas M usic by Singing Conductor Cadets — W illiam 11:20 a.m. R. J. H ildreth, Assistant Professor of A gricultural Economics, A. & M. College of Texas T urner, Address — Chas. N . Shepardson, M em ber, Board of G overnors, Federal Reserve System, W ash ington, D. C. Tuesday Morning, November 27 C hairm an — O. “Dooley” Dawson, Vice President and Manager, A gricultural D epartm ent, Bank of the Southwest, H ouston, Texas Making Fertilizer Pay 11:40 a.m. Discussion 11:50 a.m. A djourn Tuesday Afternoon, November 27 1:00 p.m. T our of college agricultural plant 3:00 p.m. A djourn 4 AGRICULTURAL NEWS LETTER EARLY REGISTRANTS A lbrecht, Em m et, First N ational, Goliad A lbritton, C hester N ., First N ational, D allas Austin, Jeff, F irst State, Frankston Ball, Tom , First N ational, Huntsville Ballinger, R. B., San Benito Bank & T rust Co., San Benito Beeson, W. B., F irst N ational, Lamesa Bego, W. L., First N ational, G oliad Bell, A rkley L., First N ational, Chillicothe Bennett, W. G., First N ational, Brownsville Biry, Joe, First C apitol State, W est Colum bia Black, C harles L., First N ational, M ount Pleasant Black, W. D., Jr., First City N ational, H ouston Boswell, Jim N., A ustin N ational, Austin Boswell, M ilton, Texas Bankers Association, D allas Boyd, A. H., American N ational, Terrell Boyd, Ellis, Jr., F irst N ational, F o rt W orth Branson, Charles D., First N ational, D ecatur Brown, B. R., Citizens N ational, Greenville Bundick, Glen T., H ouston N ational, H ouston Burns, Sam E., F irst N ational, Temple Campbell, John K., Republic N ational, D allas Cargile, Joe E., W est Texas State, Snyder C arpenter, C. T., Security State, Pecos C arter, C. E., First N ational, Mexia Caywood, W. H., H ouston N ational, H ouston Cherry, H. D., F irst State, Caldwell Collins, E arl B., A m erican State, Lubbock Connelly, Jam es H., F irst N ational, M ount V ernon Cowart, Tom W., San Benito Bank & T rust Co., San Benito Crockett, Stanley B., F irst N ational, H arlingen Curl, O. C., C ontinental N ational, F o rt W orth D augherty, L. G., Seminole State, Seminole Davis, Elgin, First N ational, Lamesa Davis, W eldon, Colem an C ounty State, Colem an D eaton, R obert E., Jr., Citizens State, Roby Decker, S. J., F irst N ational, Richmond D rinkard, B. C., Citizens State, Roby D uran, Charles L., First N ational, Lockney D uren, W. P., Mills County State, Goldthw aite Eivens, Cecil, Levelland State, Levelland Elliott, Arvle S., First N ational, Edna Ellwood, Burke, Citizens N ational, Gonzales English, H enry W., F o rt W orth N ational, F o rt W orth E rhard, E arl C., F irst N ational, Bastrop Field, H . D., Jr., F irst N ational, Saint Jo Fortson, M. R., Texas Bank & T rust Co., Dallas Gibbs, D onald, Gibbs, W eldon, Goldapp, B. R., G ordon, Clyde, Security State, M abank A m erican State, Lubbock Alice Bank & T rust Co., Alice Jr., Citizens N ational, Lubbock H am pton, R. F., Interm ediate Credit Bank, H ouston Hannes, Emm ett, F irst N ational, Giddings H arrison, A. A., F irst State Bank & T rust Co., Lufkin Havens, Charles M., State N ational, Big Spring H errington, Jack, Royall N ational, Palestine Hillegeist, Ray, G uaranty Bond State, Tom ball H ofm ann, W. F., First N ational, La G range H olland, H . F., F irst N ational, C arthage H olm an, B. M., F irst N ational, Coolidge Hooser, Charles, West Texas State, Snyder H ooton, B. H., First N ational, Hughes Springs Huddleston, James F., First N ational, Dallas Hynds, R obert H ., First N ational, V an Alstyne Jam es, H . E., First N ational, Temple Kasper, W. E., Citizens State, Giddings Kelley, O. W., City N ational, Bryan Kingery, A rthur, F irst N ational, Saint Jo Lawrence, John M., City N ational, Bryan Lee, E. S., Spur Security, Spur Lewis, H obert, Spur Security, Spur Lilly, D ennis Q., F irst N ational, Brownfield Lofland, H . B., F irst State, Rockwall Love, C harles H., Citizens State Bank & T rust Co., Kilgore Lowe, Odis A., F irst State, Rockwall M arett, V. S., Citizens N ational, Gonzales M artin, L. C., F irst State, Memphis M cCain, Jack F., F irst N ational, N orm angee McLeroy, Ed C., F irst State, D im m itt M cM anus, W. C., San Angelo N ational, San Angelo McSpadden, Clydell, F irst N ational, Teague M cSpadden, James F., F irst State, P ort Lavaca M ontague, F rank, F irst N ational, Bandera Nance, J. O., San Benito Bank & T rust Co., San Benito Newton, Pat, F irst State Bank & T rust Co., Bryan Noble, Charles W., Jackson C ounty State, E dna Noble, Ester, F irst State, D im m itt Parker, Thom as G., First-Taylor N ational, Taylor Payne, M ilton L., F irst State, C arthage Peters, H erbert N., A lam o N ational, San A ntonio Quillin, Tom , M ercantile N ational, D allas Ragsdale, Lee, F irst N ational, Jacksonville Reed, Leland, F irst N ational, A nna Rider, W alter B., Ennis State, Ennis Robison, B. D., F irst N ational, Pam pa Rowe, Sam, Alvin State, Alvin Ruckm an, J. D., K arnes County N ational, K arnes City Sayers, Lew C., Texas Bank & T rust Co., D allas Schmeer, W. C., Texas Bank & T rust Co., D allas Schrader, E. W., First N ational, H arlingen Scott, Archie B., Security State, Pecos Sheffield, David E., V ictoria N ational, V ictoria Smith, B. R., Bank of the Southwest, H ouston Smith, Edwin, F irst State, Rogers Steel, Robert L., M ercantile N ational, Corpus C hristi Taylor, Jim, Texas N ational, H ouston Thompson, H obby S., M ercantile N ational, Dallas T hornton, J. R. (B o b ), State Bank & T rust Co., San M arcos Thornton, R. L., Jr., M ercantile N ational, D allas Tolleson, G. C., Citizens N ational, Ennis Toole, A lbert J., Jr., F irst N ational, Dallas Weinzapfel, J. M., M uenster State, M uenster Williams, John, Royall N ational, Palestine W ood, Gaston, Em pire State, Dallas Young, W alter, F irst N ational, N orm angee The A gricultu ral N e w s L etter is prepared in the Research D epartm ent under the direction o f J. Z. R owe, A gricultural Economist.