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F E D E R A L
Vol. 7, No. 11

I

f-w w * /
NEWS LETTER

R E S E_R _V E

B A N K

D ALLAS, T E X A S

OF

D A L L A S
November 15, 1952

Second Annual Farm and Ranch Credit School
Announced by Texas A. & M. College
December 7th to 10th are the dates set for
the Second Annual Texas Farm and Ranch
Credit School for Commercial Bankers. Dean
Chas. N. Shepardson of Texas A. & M. Col­
lege states that the school will follow the
same general plans as the sessions last year.
Ample time will be allowed for discussion,
and emphasis will be on the practical aspects
of farm and ranch credit.
“Classes” will be held in the modernistic
Memorial Student Center on the campus of
Texas A. 8b M. College at College Station,
Texas. Most of the “students” will have rooms
there, although some will be housed in near­
by motels, tourist courts, and hotels. Meals
are available in the Student Center’s snack
bar and coffee shop.
The purpose of the school, according to
Dean Shepardson, is to bring to the bankers
of the State a better understanding of the
requirements for the successful operation of
modern farm enterprises and an appreciation
of their credit requirements, together with
suggestions for sound loan procedures in
meeting these needs.
Bankers attending last year’s school were
enthusiastic about the program and expressed
a keen interest in having it as an annual
event. The down-to-earth discussions of prac­
tical credit problems were particularly valu­
able. In addition, the new ideas presented by
members of the staff of Texas A. 8b M. on the
technical phases of agriculture were helpful
in bringing the “students” up-to-date on new

developments in crop and livestock produc­
tion.
In an effort to keep the courses in line with
bankers’ interests, Dean Shepardson asked
some of last year’s students to send in ques­
tions they would like to have covered. These
questions were turned over to staff members
at Texas A. 8b M. and will be the basis of
their talks to the bankers.
A special feature of this year’s school will
be two “agricultural quizzes,” which will test
the students’ knowledge of agriculture and
add interest to the program. Also, time has
been set aside for a tour of the college, so
that everyone will have an opportunity to
see the work being done at this outstanding
institution of research and education.
Bankers again will play a leading role in
the program of the school, discussing such
topics as “Financing the Young Farmer,”
“How Our Bank Evaluates Farm and Ranch
Management,” and “Correspondent Banking
in Regard to Farm and Ranch Loans.” All
topics on the two and one-half day schedule
will be pointed to the banker’s interest in an
effort to provide information that will enable
him to meet the problems of his bank more
effectively.
A list of those who had registered prior to
November 6 is shown on page 4 of this pub­
lication. Bankers who intend to register are
urged to send in their reservations imme­
diately. The enclosed registration form may
be used.

2

A G R IC U L T U R A L N E W S L E T T E R

PROGRAM

Monday Afternoon, December 8

Sunday Evening, December 7

Chairman— W . A. Sandlin, Chief National Bank
Examiner, Eleventh Federal Reserve District
Dallas, Texas

6:0 0 p.m.

Smorgasbord with officials of the Texas
A. & M . College System ($2.00)

7:00 p.m.

Opening Session

1:00 p.m.

The Nature and Behavior o f Soil
J. B. Page, Professor in charge of Soil
Physics, A. & M . College of Texas

Gibb Gilchrist, Chancellor, Texas A. &
M . College System
M . T. Harrington, President, A. & M .
College of Texas

1:30 p.m.

Open Discussion

1:45 p.m.

The Banker’s Interest in Pasture and
Range Improvement

Monday Morning, December 8

V. A. Young, Head, D ep a rtm en t of
Range and Forestry, A. & M . College
of Texas

Chairman— Chas. N. Shepardson, Dean, School of
Agriculture, A. & M . College of Texas

R. C. Potts, Associate P rofessor of
Agronomy, A. & M . College of Texas
8 :3 0 a.m.

This Is Your School
Dean Shepardson

8:4 0 a.m.

2 :1 5 p.m.

Open Discussion

The A g ric u ltu ra l O u tlo o k for 19 53
and Beyond

2 :4 5 p.m.

Recess

Oris Wells, Chief, Bureau of Agricul­
tural Economics, U.S.D.A., Washing­
ton, D . C.

3 :0 5 p.m.

Tour o f the College— Arranged by Ben
Cook, Assistant to the Dean of Agricul­
ture, A. & M . College of Texas

9 :2 0 a.m.

Open Discussion

9 :5 0 a.m.

Recess

10:10 a.m.

Some Standards for Evaluating Farm
and Ranch Management
A. C. Magee, Associate Professor, D e­
partment of Agricultural Economics
and Sociology, A. 8s M . College of
Texas

10:40 a.m.

Monday Evening, December 8

Chairman— G. G. Gibson, Director, Agricultural
Extension Service, Texas A. 8s M. College System

7:0 0 p.m.

W ith FFA Chapters and 4-H Clubs

Some Standards for Evaluating Rental
Agreements

Clyde Small, Vice President, Texas
Bank 8s Trust Co., Jacksonville, Texas

Cecil Parker, County Agent at Large
A. 8s M . College of Texas

11:00 a.m.

Building a Stron g P u b lic R e la t io n s
Program

W ith Soil Conservation Districts and
PM A Committees

How Our Bank Evaluates Farm and
Ranch Management

Monroe Hannes, President, The First
National Bank, Giddings, Texas

Leon Thompson, Agriculturist, The
Citizens National Bank, Waco, Texas

11:20 a.m.

11:50 a.m.

7:40 p.m.

Open Discussion

Discussion— Chairman: Carl H. Moore
Agricultural Economist, Federal Reserve
Bank of Dallas

8 :2 0 p.m.

“ Back to School” — Quiz on Agriculture

Adjourn

8 :4 0 p.m.

Adjourn

A G R IC U L T U R A L N E W S L E T T E R

Tuesday Morning, December 9
Chairman— R. D. Lewis, Director, Agricultural
Experiment Station, Texas A. & M . College
System

8:3 0 a.m.

2:1 5 p.m.

Open Discussion

2:4 5 p.m.

Recess

3 :0 0 p.m.

The Banker’ s Interest in Poultry
J. H. Quisenberry, Head, Department
of Poultry Husbandry, A. 8s M . Col­
lege of Texas

The Banker’s Interest in Farm Labor
and Mechanization
R. L. Skrabanek, Assistant Professor
of Rural Sociology, A. 8s M . College
of Texas
F. R. Jones, Head, D epartm ent of
Agricultural Engineering, A. 8s M . Col­
lege of Texas

3

3 :3 0 p.m.

Open Discussion

4 :0 0 p.m.

“ Back to School” — Quiz on Agriculture

4 :2 0 p.m.

Adjourn

Tuesday Evening, December 9
9:0 0 a.m.

Open Discussion

9:3 0 a.m.

The Banker’ s Interest in Cotton and
Other Cash Crops
J. E. Adams, Head, Department of
Agronomy, A. 8s M . College of Texas

10:00 a.m.

Open Discussion

10:20 a.m.

Recess

7:0 0 p.m.

Banquet
(Included in registration fee)

Master of Ceremonies— P. B. (Jack) Garrett
President, Texas Bank 8s Trust Co.
Dallas, Texas
A Farmer Sizes Up His Banker
C. Hohn, Farmer, Independence, Texas

Wednesday Morning, December 10
10:40 a.m. The Banker’ s Interest in B eef Cattle
and Sheep
J. C. M iller, Head, D epartm ent of
Animal Husbandry, A. 8s M . College
of Texas

11:20 a.m.

Open Discussion

11:40 a.m.

Adjourn

Chairman— John Yantis, President, First National
Bank, Brownwood, and member of the Agricul­
tural Commission, American Bankers Association

8 :3 0 a.m.

Tate May, President, F. 8s M . National
Bank, Hamlin, Texas
V . P. Lee, President, Production Credit
Corporation, Farm Credit Administra­
tion, Houston, Texas

Tuesday Afternoon, December 9
Chairman— V. S. Marett, President
Gonzales State Bank, Gonzales, Texas

9 :3 0 a.m.

Recess

9 :5 0 a.m.

Open Discussion

10:30 a.m.
1:15 p.m.

The Banker’s Interest in Swine
Fred Hale, Professor of Animal Hus­
bandry in charge of Swine Investiga­
tions, A. 8s M . College of Texas

1:30 p.m.

Open Discussion

1:45 p.m.

The Banker’s Interest in Dairying
R. E. Leighton, Associate Professor of
Dairy Husbandry, A. 8s M . College of
Texas

Some Case Histories in Financing the
Young Farmer

Correspondent Banking in Regard to
Farm and Ranch Loans
Joe Clarke, Vice President, The Fort
W orth National Bank, Fort Worth
Texas

11:00 a.m.

Open Discussion

11:30 a.m.

R e sp o n sib ilitie s and O p p o rtu n itie s
Ahead o f Us
Dean Shepardson

11:45 a.m.

Adjourn

4

A G R IC U L T U R A L N E W S L E T T E R

Albritton, Chester, First National, Dallas
Alexander, L. M ., Citizens National, Waco
Amis, Wm. L., First State, Hallsville
Anderson, Roy H., Liberty National, Paris
Baker, Ben R., Jr., First National, Shreveport, La.
Baldridge, Joe, Ennis State, Ennis
Barr, R. H., First National, Angleton
Black, W. D., Jr., First National, Houston
Beard, J. H., City National, Bryan
Boettcher, R. B., Union State, East Bernard
Boswell, J. M., Austin National, Austin
Boswell, Milton, Texas Bankers Association, Dallas
Box, D. E., First National, Grapevine
Boyd, A. H., American National, Terrell
Bralley, Art, American National, Amarillo
Brovey, Robt. L., First National, LaFeria
Brown, A. G., American Bankers Association, New
York
Bryant, C. B., Ill, First National, Whitewright
Campbell, C. D., Nixon State, Nixon
Campbell, John K., Republic National, Dallas
Carter, C. E., First National, Mexia
Cherry, H. D., First State, Caldwell
Clarke, Joe A., Fort Worth National, Fort Worth
Clary, Irvin N., Temple National, Temple
Connelly, J. H., First National, Mt. Vernon
Curlee, Wiley E., First National, Goliad
Daugherty, L. G., Seminole State, Seminole
Davis, L. E., Peoples National, Lampasas
Dean, T. S., First National, Pleasanton
Decker, S. J., First National, Richmond
Downs, Robt. J., Dallas National, Dallas
Dulaney, J. N., First State Bank & Trust Co., Bryan
Dunn, A. L., First National, Roxton
Duren, W . P., Mills County State, Goldthwaite
Erhard, Earl C., First National, Bastrop
Estess, D. L., Commercial National, Shreveport, La.
Fenner, O. B., First National, Edna
Fetzer, Geo. I., First National, Edna
Fields, H. D., Jr., First National, St. Jo
Fortson, M . R., Texas Bank & Trust Co., Dallas
Fowler, Harl, Commercial National, Brady
Gardner, L. O., Merchants & Planters National,
Sherman
Geis, John F., First National, Fort Worth
Gilbert, Mitch Gray, Empire State, Dallas
Graham, Joe M ., Atlanta National, Atlanta
Gregg, E. R., Citizens State, Rusk
Godwin, Guinn, American National, Terrell
Hamm, J. Ross, Terrell State, Terrell
Hannes, Monroe, First National, Giddings
Higgs, W . S., First State Bank & Trust Co., Bryan
Holland, H. F., First National, Carthage
Holman, W . L., State National, Corsicana
Holmes, Leo, Brownfield State Bank 8s Trust Co.,
Brownfield
Huddleston, J. F., First National, Dallas
Hynds, John K., First National, Van Alstyne
Janes, W . H., Leroy Bank, Leroy
Jennings, L. B., First National, Dallas
Johnson, C. B., First State, Celina

Mabry, Manly, Nolte National, Seguin
Marett, V. S., Gonzales State, Gonzales
Martin, A. A., First National, Mercedes
May, Tate, F. 8s M. National, Hamlin
McBride, D. E., Mansfield State, Mansfield
McCain, Jack F., First National, Grandview
McCain, Martin, South Texas National, Houston
McClain, R. N., Brownfield State Bank 8s Trust Co.,
Brownfield
Mcllroy, James R., First State, Celina
McSpadden, Clydell, First National, Teague
Mixon, Pat, Community State, Runge
Moore, Carl, Federal Reserve, Dallas
Morris, Frank, Jr., First State, Gainesville
Morris, F. E., First State, Gainesville
Morrison, N. M., Jourdanton State, Jourdanton
Murray, W . Pat, City National, San Saba
Newton, Pat, First State Bank 8s Trust Co., Bryan
Norman, Lewis B., Empire State, Dallas
Pannill, Felix, Farmers 8s Merchants National,
Kaufman
Payne, Milton L., First State, Carthage
Peebles, Allen, First National, Livingston
Pinkston, A. L., Farmers State, Center
Pope, Lawrence C., F. 8s M . National, Abilene
Porter, J. C., First National, Wichita Falls
Quisenberry, R. M., Texas Bank 8s Trust Co., D allas
Ramsey, S. F., First State, Three Rivers
Rhodes, J. Allen, Continental National, Fort W orth
Riley, Herbert P., First State, Frankston
Risinger, B. F., Farmers 8s Merchants State, Shamrock
Robnett, Clyde, Delta National, Cooper
Rogers, H. L., Cotton Belt State, Timpson
Ruckman, J. D., Karnes City National, Karnes C ity
Sandlin, W . A., Chief National Bank Examiner, D allas
Sayers, Lew C., Texas Bank 8s Trust Co., Dallas
Scholl, B. E., First National, San Antonio
Schrader, E. W ., First National, Harlingen
Seale, Hayden B., Haltom City State, Fort Worth
Simmons, E. D., Bloomburg State, Bloomburg
Smith, H. Frank, First National, Waco
Spalding, J. C., First National, Dallas
Spilman, N. A., First National, Harlingen
Sprinkle, Chester O., State National, Corsicana
Sullivan, Harold, College Station State, College
Station
Thompson, J. O., Huntsville National, Huntsville
Thompson, Leon, Citizens National, Waco
Toole, Albert J., Jr., Dallas National, Dallas
Underwood, R. G., Temple National, Temple
Wallace, Mr. and Mrs. J. O., First State, Rockwall
Warren, Otho, Citizens State, Hempstead
Watson, Ted, First National, Grandview
Weinzapfel, J. M., Muenster State, Muenster
Widdecke, H. A., Mercantile National, Dallas
Wiley, R. R., Jr., Oakwood State, Oakwood
Woolverton, N. C., East Texas National, Palestine
Yantis, John T., First National, Brownwood

Kelley, O. W., First State Bank 8s Trust Co., Bryan
Kelley, W . H., Victoria National, Victoria
Lanham, E. F., Temple National, Temple
Lawrence, John M ., City National, Bryan
Lee, V. P., Production Credit Corporation, Houston
Lilly, Dennis, First National, Brownfield

Agricultural N ews Letter

T he
is prepared in
the Research Department under the direction

of CARL H. M oore, Agricultural Economist.