Full text of Agricultural News Letter : Vol. 9, No. 11
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:5 tA :riculfur^l 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.