Full text of Agricultural News Letter : Vol. 9, No. 11

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NEWS LETTER
F E D E R A L

Vol. 9, No. 11

R E S E R V E

B A N K

DALLAS, TEXAS

OF

D A L L A S

November 15, 1954

Fourth Annual Credit School Program Announced
Students at the Fourth Annual Texas Farm
and Ranch Credit School for Commercial
Bankers will find several changes in this year’s
program. The 3-day school will take place at
College Station, December 6-8.

A new feature of the 1954 program will be
a discussion of farm and home development.
Considerable emphasis is being placed on this
phase of improving the economic status of
farm and ranch families, and staff members
of the college will present this theme on
Most of the classes will be held in the Wednesday morning, making full use of skits,
Memorial Student Center on the campus of examples, and discussion.
Texas A. 8b M. College. On Monday and Tues­
day afternoons, however, the banker students
Another session expected to create consid­
will adjourn to various points on the college erable interest will be the demonstration of
farm, where they will discuss firsthand the the characteristics of carcass beef. Specialists
problems in producing and marketing beef from Texas A. 8b M. College will show the
cattle, dairy products, poultry, rice, wool and relationship between various qualities of live
mohair, fruits and vegetables, and swine.
steers and the kind and quality of retail cuts
obtained from such steers.
In announcing the school, Dean Chas. N.
Shepardson emphasized that it was to be a
A soil testing demonstration Tuesday aft­
“working school” and that the program is ernoon
be of special interest to many
designed to meet the needs of commercial bankers will
because
of its relation to an adequate
bankers. As in past years, there will be ample farm soil conservation
program. In addition,
opportunity for discussion following the vari­ soil specialists will discuss
ous talks presented by “faculty” members. of various soil profiles. the characteristics
Classes will start and adjourn promptly on
schedule.
Bankers throughout the Southwest are in­
One of the most popular sessions of the vited to attend the school. Those who have
school in the past has been the one devoted not already sent in enrollment and room res­
to the agricultural situation and outlook. This ervation blanks should write Dr. R. L. Hunt,
year, Dr. O. V. Wells from the Department Texas A. & M. College, College Station, Texas,
of Agriculture will lead the discussion on the indicating the number of rooms needed.
subject. Dr. Wells is a native of the South­ Through early November, more than 100
west and is highly qualified to bring an inspir­ bankers had registered for the school. Their
ing and informative message to the students. names are shown on page 4.

AGRICULTURAL NEWS LETTER

2

PROGRAM

Sunday Evening, December 5
Memorial Student Center
7:00-8:30 p.m. Smorgasbord
Toastmaster — Chas. N. Shepardson, Dean, School
of Agriculture, A. 8c M. College of Texas
Speakers:
David H. Morgan, President, A. 8s M. College of
Texas
M. T. Harrington, Chancellor, Texas A. 8s M. Col­
lege System

Monday Morning, December 6
Memorial Student Center

The Agricultural Situation and Outlook

2:00 p.m. Carcass Characteristics of B eef Steers
(Demonstration)
Roy M. Snyder, Livestock and Meats
Specialist, Texas Agricultural Exten­
sion Service
O. D. Butler, Associate Professor of
Animal Husbandry, A. 8b M. College

Beef Cattle Center
3:00 p.m. Live Animal Grading o f Beef Steers
Group 1
Roy M. Snyder, Livestock and Meats
Specialist, Texas Agricultural Exten­
4:00 p.m. sion
Service
Group 2
O. D. Butler, Associate Professor of
Animal Husbandry, A. 8s M. College
B eef Cattle Management Practices
John K. Riggs, Associate Professor of
Animal Husbandry, A. 8b M. College

Dairy Cattle Center

Chairman— Howard Hambleton, President, First Na­
tional Bank, Waco, Texas, and Chairman, Agricultural 3:00 p.m. Silage
Committee, Texas Bankers Association
Group 2 Dairy Management Practices
4:00 p.m. I. W. Rupel, Head, Department of
8:30 a.m. The Agricultural Outlook for 1955
Group 1
Dairy Husbandry, A. 8b M. College
O. V. Wells, Administrator, Agricul­
tural M arketing Service, U nited
R. E. Leighton, Associate Professor of
States Departm ent of Agriculture
Dairy Husbandry, A. 8b M. College
9:10 a.m. Discussion
9:30 a.m. Recess
Monday Evening, December 6
Memorial Student Center
9:45 a.m. The Cotton Situation and Outlook
Read Dunn, Agricultural Economist,
7:30-8:30 p.m. Films
National Cotton Council of America
10:25 a.m. Discussion
Tuesday Morning, December 7
10:45 a.m. Recess
Memorial Student Center
11:00 a.m. The B eef Cattle Situation and Outlook
Radford H all, A ssistant E xecutive Federal Legislation and Programs for 1955
Secretary, American National Cattle­
mens Association, Denver, Colorado
Chairman—John M. Griffith, President, City National
Bank, Taylor, Texas, and President, Texas Bankers
11:40 a.m. Discussion
Association
8:30 a.m. Acreage Allotments and Marketing
Monday Afternoon, December 6
Quotas
Memorial Student Center
H. H. Marshall, Administrative Offi­
cer in Charge, Acreage Allotments and
Beet Cattle and Dairy Production
Marketing Quotas, Texas Office, Agri­
cultural Stabilization and Conserva­
and Marketing
tion
Chairman — Jeff Austin, President, First State
9:00 a.m. Discussion
Bank, Frankston, Texas
9:20 a.m. Recess
1:30 p.m. Federal Milk Marketing Orders
9:35 a.m. Commodity Loans and Price Supports
Robert G. Halpin, Associate Professor
Jack Bradshaw, Administrative Offi­
of Agricultural Economics, A. 8b M.
cer in Charge, Commodity Loans and
College
Price Supports, Texas Office, Agricul­
tural Stabilization and Conservation
1:50 p.m. Discussion

AGRICULTURAL NEWS LETTER

3

10:05 a.m. Discussion
Tuesday Evening, December 7
Memorial Student Center
10:25 a.m. Recess
10:50 a.m. Texas Agricultural Conservation
6:30 p.m. Banquet
Program
Lester Young, Administrative Officer Toastmaster — Tyrus R. Timm, Head, Department
in Charge, Agricultural Conservation of Agricultural Economics and Sociology, A. 8b M.
Program, Texas Office, Agricultural
College
Stabilization and Conservation
11:10 a.m. Discussion
Speaker — To be announced
11:30 a.m. Changes in Income Tax and Social Se­
curity Laws Affecting Farmers
Music by Singing Cadets — Wm. J. Turner, Director
Robert G. Cherry, Assistant Professor
of Agricultural Economics, A. 8s M.
Wednesday Morning, December 8
College

Memorial Student Center

Tuesday Afternoon, December 7
Memorial Student Center

. Farm and Home Development

Soils

Chairman — B. F. Barnett, President, Citizens
National Bank, Tyler, Texas

Chairman — Monroe Hannes, President, First
8:00 a.m. Basic Purpose of Farm and Home D e­
National Bank, Giddings, Texas
velopment
1:30 p.m. What Does a Soil Profile Show ?
G. G. Gibson, Director, Texas Agri­
Henry D. Foth, Associate Professor of
cultural Extension Service
Agronomy, A. 8s M. College
8:20 a.m. The Farm As a Business
2:00 p.m. Soil Testing Demonstration
James Hildreth, Assistant Professor
M. K. Thornton, Soil Chemist, Texas
of Agricultural Economics, A. 8b M.
Agricultural Extension Service
College
3:00 p.m. Commodity Production and Market­ 8:50 a.m. Discussion
ing Practices and Problems
9:05 a.m. The County Agent Visits the Farm
Poultry and Eggs — Poultry Center
Family (Skit)
John H. Quisenberry, Head, Depart­
Mrs. Elsie P. Short, Associate Home
ment of Poultry Husbandry, A. 8s M.
Demonstration Agent, Texas Agricul­
College
tural Extension Service
Rice — Memorial Student Center
A. C. Magee, Associate Professor of
Agricultural Economics, A. 8b M. Col­
Jeff Collier, Houston Manager, Amer­
lege
ican Rice Growers Association
J. W. Sorenson, Associate Professor of
Ralph Rogers, Agricultural Econo­
Agricultural Engineering, A. 8s M.
mist, United States Department of
College
Agriculture, College Station, Texas
W ool and Mohair — M em orial Stu­ 9:25 a.m. Recess
dent Center
Stanley P. Davis, Wool and Mohair 9:40 a.m. The Farm Budget
Specialist, Texas Agricultural Experi­
A. C. Magee, Associate Professor of
ment Station
Agricultural Economics, A. 8b M. Col­
lege
L. P. Gabbard, Professor of Agricul­
tural Economics, A. 8s M. College
10:20 a.m. Discussion
A. B. Wooten, Instructor in Econom­ 10:40 a.m. The Role of the Banker in Farm and
ics, A. 8b M. College
Home Development
Fruits and Vegetables — Horticulture
Geo. V. Holmes, Vice President, Gon­
Center
zales State Bank, Gonzales, Texas
Guy Adriance, Head, Department of
11:00 a.m. Discussion
H orticulture, A. 8b M. College
H. T. Blackhurst, Associate Professor 11:20 a.m. Looking Ahead
of Horticulture, A. 8b M. College
Chas. N. Shepardson, Dean, School of
Swine — Swine Center
Agriculture, A. 8b M. College of Texas
Fred Hale, Professor of Animal Hus­
11:30 a.m. Adjourn
bandry, A. 8b M. College

4

AGRICULTURAL NEWS LETTER

Alexander, L. M., Citizens National, Waco
Amis, W. L., First State, Hallsville
Bego, Warner L., First National, Goliad
Biry, Joe, First Capital State, West Columbia
Black, W. D., Jr., First National, Houston
Boswell, Jim, Austin National, Austin
Boswell, Milton, Texas Bankers Association, Dallas
Boyd, A. H., American National, Terrell
Brown, A. G., American Bankers Association, New York
Burris, J. F., First State Bank & Trust Co., Lufkin
Campbell, John, Republic National, Dallas
Carpenter, C. T., Security State, Pecos
Carter, C. E., First National, Mexia
Caywood, W. H., Houston National, Houston
Cherry, H. D., First State, Caldwell
Connelly, J. H., First National, Mount Vernon
Crockett, S. B., First National, Harlingen
Curl, O. C., Continental National, Fort Worth
Dawson, Dooley, Second National, Houston
Dawson, R. B., First National, Tulia
Decker, S. J., First National, Richmond
Dees, W. W., Citizens National, Brownwood
DeMoss, Harold, Mercantile National, Dallas
Derebery, J. C., National Bank, Sweetwater
Drinkard, B. C., Citizens State, Roby
Duren, W. P., Mills County State, Goldthwaite
Elliott, A. S., First National, Edna
Erhard, Earl C., First National, Bastrop
Estill, John F., Continental National, Fort Worth
Farrow, Urban, Citizens State, Carrizo Springs
Ferguson, J. A., First National, Decatur
Field, H. D., Jr., First National, St. Jo
Fowler, Harl, Commercial National, Brady
Geer, A. L., First National, Anna
Geis, John, First National, Fort Worth
Gibbs, Donald, Security State, Mabank
Giese, L. R., First National, Angleton
Graham, Joe, Atlanta National, Atlanta
Hannes, Monroe, First National, Giddings
Hardin, T. A., Federal Reserve, Dallas
Havens, Chas. M., State National, Big Spring
Higgs, W. S., First State Bank 8s Trust Co., Bryan
Hinton, Chas. S., Jr., Citizens State, Rusk
Hofmann, Wm. F., First National, La Grange
Holder, George, Federal Reserve, Dallas
Holland, H. F., First National, Carthage
Holman, W. L., State National, Corsicana
Holmes, G. V., Gonzales State, Gonzales
Holmes, Leo, Brownfield State Bank & Trust Co.,
Brownfield
Hudson, J. Olin, Bellmead State, Waco
Janes, W. H., Leroy Bank, Leroy
Jones, John C., First National, La Feria
Jones, Lucian, Alamo National, San Antonio
Jones, Ralph N., Alamo National, San Antonio
Kelley, O. W., First State Bank 8s Trust Co., Bryan
Kelley, W. H., Fair Park National, Dallas

Lauderdale, J. D., First National, Cisco
Lawrence, John M., City National, Bryan
Lewis, Hobert M., Spur Security, Spur
Lilly, Dennis Q., First National, Brownfield
Mabra, Debs A., First National, Fort Worth
Manry, L. B., Jr., Alvin State, Alvin
Marett, V. S., Gonzales State, Gonzales
Martin, A. A., First National, La Feria
McAdams, John Q., Winters State, Winters
McBride, D. E., Mansfield State, Mansfield
McCain, Jack, First National, Sanger
McClain, R. N., Brownfield State Bank 8s Trust Co.,
Brownfield
McSpadden, Clydell, First National, Teague
Moore, Carl, Federal Reserve, Dallas
Mundt, Alfred E-, Federal Reserve, San Antonio
Newton, Pat, First State Bank 8s Trust Co., Bryan
Pannill, Felix, Farmers 8s Merchants National,
Kaufman
Payne, Milton L., First State, Carthage
Peters, M. C., City National, Bryan
Pickle, Thomas A., Royall National, Palestine
Plant, T. W., Federal Reserve, Dallas
Pritchett, W. M., Federal Reserve, Dallas
Quisenberry, Roy M., Texas Bank 8s Trust Co., Dallas
Ragsdale, Lee, First National, Jacksonville
Rider, Walter B., Ennis State, Ennis
Robison, B. D., First National, Pampa
Rowe, Sam, Alvin State, Alvin
Ruckman, J. D., Karnes City National, Karnes City
Rutledge, T. W., Empire State, Dallas
Schmeer, Wm. C., Texas Bank 8s Trust Co., Dallas
Scott, Archie B., Security State, Pecos
Shuford, Harry A., Federal Reserve, Dallas
Small, Clyde, Texas Bank 8s Trust Co., Jacksonville
Sprinkle, Chester O., State National, Corsicana
Sullivan, Harold, College Station State, College
Station
Taylor, Jim, Texas National, Houston
Thompson, Leon, Citizens National, Waco
Trollinger, Travis T., Terrell State, Terrell
Troy, B. J., Federal Reserve, Houston
Walker, J. A., Del Rio National, Del Rio
Warren, Otho, Citizens State, Hempstead
Waters, Ralph, Farmers State, Brookshire
Watson, Ted, First National, Grandview
Wells, O. V., U. S. D. A., Washington, D. C.
Whiddon, E. C., State Bank & Trust Co., Beeville
Whiteley, T. E., College Station State, College Station
Williams, Owen, Zavala County Bank, Crystal City
Yantis, John, First National, Brownwood

The Agricultural News Letter is prepared in
the Research Department under the direction
of CARL H. M oore, Agricultural Economist.