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federal Reserve Bank O F DALLAS Dallas, Texas, March 4,1960 To the Principal Executive Officer of the Member Bank Addressed: Enclosed is a loose-leaf copy of the new and revised Directory of the Federal Reserve Bank of Dallas and Branches. Please substitute this new directory for the one which you now have in your binder of regulations of the Board of Governors and bulletins of the Federal Reserve Bank of Dallas. If you should desire additional copies of this directory, we shall be glad to make them available upon request. Sincerely yours, Watrous H. Irons President Enclosure This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical H ibray (FedHistoy@dalfrb.org). publication Bank Dallas' Library (FedHistory@dal.frb.org) DIRECTORY OF THE FEDERAL RESERVE BANK OF DALLAS AND BRANCHES Head Office, 400 South Akard Street, Dallas 2, Texas Mailing Address Station K Dallas 2, Texas Telephone: R iverside 2-3271 (For night, Sunday, and holiday emergency calls: Riverside 2-2175) El Paso Branch, 301 East Main Street, El Paso, Texas Mailing Address P. O. Box 100 El Paso, Texas Telephone: K Eystone 2-1681 Houston Branch, 1701 San Jacinto Street, Houston 2, Texas Mailing Address P. O. Box 2578 H ouston 1, Texas Telephone: CApitol 7-8281 San Antonio Branch, 210 West Nueva Street, San Antonio 5, Texas Mailing Address P. O. Box 1471 San Antonio 6, Texas Telephone: CApitol 7-4153 CONTENTS HEAD OFFICE Page D irectors_____________________________________________ Member of the Federal Advisory Council----- ----------------------------Officers ________________________________________-__________ Departments and functions Accounting______________________________________________ Auditing ________________________________________________ Bank and public relations---------------------------------Bank examination and supervision--------------------------C ash ____________________________________________________ Collections — checks, other cash items, and noncash items— Commodity credit-------------------------------------------Fiscal agency---------------------------------------- -.....................-.....—Legal ----------------------------------------—............----------------------Loans and rediscounts............... Machine processing.—............... -........- .............—------------ --------Personnel ______________ -......- ....................................... - --- -----Regulations of the Board of Governors.................................. Research and statistical....................................................---- -----Reserve accounts of member banks............. Secretary of the Board of Directors ............................ Securities Issuance, redemption, and exchange-----------------------------Purchase and sales------------------------------------------------------Safekeeping _________________________________________ Services — building and other operations__________________ EL PASO BRANCH 1 1 2 3 3 5 4 5 6 7 7 8 8 9 3 11 10 7 5 5 10 Directors and Officers______________________________________ 12 Functions ____________________________________ Auditing _______________________________________________ 14 HOUSTON BRANCH Directors and Officers-----------------------------------Functions ---------------------------------------------Auditing _____________________________________ SAN ANTONIO BRANCH Directors and Officers___________________________________ Functions ----------------------------------------------Auditing ___________________________ 1 18 HEAD OFFICE Federal Reserve Bank of Dallas DIRECTORS Chairman of the Board and Federal Reserve Agent ROBERT J. SM ITH Deputy Chairman LAMAR FLEM ING, JR. CLASS A DIRECTORS JOHN M. G RIFFITH , President, The City National Bank of Taylor, Taylor, Texas J. EDD McLAUGHLIN, President, Security State Bank & Trust Company, Ralls, Texas SAM D. YOUNG, President, El Paso National Bank, El Paso, Texas CLASS B DIRECTORS D. A. HULCY, Chairman of the Board, Lone Star Gas Company, Dallas, Texas J. B. PERRY, JR., President and General Manager, Perry Brothers, Inc., Lufkin, Texas H. B. ZACHRY, President, H. B. Zachry Company, San Antonio, Texas CLASS C DIRECTORS ROBERT O. ANDERSON, President, Hondo Oil & Gas Company, Roswell, New Mexico LAMAR FLEM ING, JR., Chairman of the Board, Anderson, Clayton and Company, Inc., Houston, Texas ROBERT J. SMITH, President, Pioneer Hydrotex Industries, Inc., Dallas, Texas FEDERAL ADVISORY COUNCIL MEMBER I. F. BETTS, President, The American National Bank of Beaumont, Beaumont, Texas Revised March 4, 1960 1 HEAD OFFICE Federal Reserve Bank of Dallas OFFICERS W ATROUS H. IRONS, President HARRY A. SHUFORD, First Vice President JAMES L. CAUTHEN, Vice President T. A. HARDIN, Vice President G. R. MURFF, Vice President JAMES A. PARKER, Vice President T. W. PLANT, Vice President and Cashier L. G. PONDROM, Vice President MORGAN H. RICE, Vice President and Secretary of the Board *CHARLS E. W ALKER, Vice President and Economic Adviser ARTHUR H. LANG, General Auditor GEORGE F. RUDY, General Counsel and Assistant Secretary of the Board ROBERT H. BOYKIN, Assistant Counsel W. M. PRITCH ETT, Assistant Vice President THOMAS R. SULLIVAN, Assistant Vice President E. H. BERG, Assistant Cashier ROY E. BOHNE, Assistant Cashier HERMAN W. KILMAN, Assistant Cashier E. A. THAXTON, JR., Assistant Cashier P H IL IP E. COLDW ELL, Director of Research JAMES O. RUSSELL, Chief Examiner *On leave of absence. 2 Revised March 4, 1960 HEAD OFFICE Federal Reserve Bank of Dallas HEAD OFFICE ACCOUNTING G. R. Murff, Vice President E. H. Berg, Assistant Cashier C. R. Wallin, Manager General Books and Bank Accounts Division Member bank reserve accounts Reserve deficiencies Nonmember bank clearing accounts Signature authorities Stop-payment orders Administration and interpretation of Regulation D — Reserves of Member Banks Expenditures Division Issuance of voucher checks in payment of expenses (except payroll) of Federal Reserve Bank Dividends on Federal Reserve Bank stock Administration and interpretation of Regulation I — Increase or Decrease of C apital Stock of Federal Reserve Banks and Cancellation of Old and Issue of New Stock Certificates Transfer of Funds Division Telegraphic transfers of funds Mail transfers of funds AUDITING Arthur H. Lang, General Auditor Herman B. Hudson, Assistant General Auditor Reconciliation of reserve and deferred credits accounts and verifica tion of other accounts Check disposition of incoming money and security shipments and obtain receipts for outgoing money and security shipments Revised March 4, 1960 3 HEAD OFFICE Federal Reserve Bank of Dallas BANK AND PUBLIC RELATIONS *Charls E. Walker, Vice President and Economic Adviser E. A. Thaxton, Jr., Assistant Cashier H. M. Faulkner, Field Representative Visits to member and nonmember banks Visitors at Federal Reserve Bank Tours of building Relations with schools and colleges Federal Reserve Bank’s paper currency exhibits Sound films on the Federal Reserve System BANK EXAMINATION AND SUPERVISION L. G. Pondrom, Vice President Thomas R. Sullivan, Assistant Vice President James O. Russell, Chief Examiner Examination of state member banks and affiliates Applications for membership in Federal Reserve System Administration and interpretation of Regulations: F—Trust Powers of National Banks H—Membership of State Banking In stitu tio n s in the Federal Reserve System lv—Corporations Doing Foreign Banking or Other Foreign Fi nancing Under the Federal Reserve Act L—Interlocking Bank Directorates Under the Clayton Act M—Foreign Branches of National Banks and of Corporations Organized Under the Provisions of Section 25(a) of the Federal Reserve Act N—Relations with Foreign Banks and Bankers O—Loans to Executive Officers of Member Banks P—'Holding Company Affiliates—Voting Permits Q—Payment of Interest on Deposits R—Relationships with Dealers in Securities Under Section 32 of the Banking Act of 1933 4 Revised March 4, 1960 *On leave of absence; T. W. Plant, Vice President and Cashier, exercising senior supervision during absence. HEAD OFFICE Federal Reserve Bank of Dallas BANK EXAMINATION AND SUPERVISION (Continued) T—Credit by Brokers, Dealers, and Members of National Securi ties Exchanges U—Loans by Banks for the Purpose of Purchasing or Carrying Registered Stocks Y—Bank Holding Companies CASH AND SECURITIES T. W. Plant, Vice President and Cashier E. A. Thaxton, Jr., Assistant Cashier H. M. Adams, Manager Money Division Shipment and delivery of currency and coin Receipt and verification of currency and coin Reports of unusual currency transactions on Form TCR-1, pur suant to request of U. S. Treasury Department Postmasters’ deposits Securities Division Purchase and sale of securities for account of member banks Receipt and delivery of securities purchased or sold for account of member banks Custody of securities for member banks Telegraphic transfer of bearer Government securities Payment of coupons of the United States Government and gov ernmental agencies COLLECTIONS — CHECKS, OTHER CASH ITEMS, AND NONCASH ITEMS (TRANSIT DEPARTMENT) James L. Cauthen, Vice President Roy E. Bohne, Assistant Cashier J. D. Metze, Manager Collection of cash items Checks and other cash items Government checks drawn on the Treasurer of the United States Postal money orders Revised March 4, 1960 5 HEAD OFFICE Federal Reserve Bank of Dallas (TRANSIT DEPARTMENT) (Continued) Direct routing of checks and other cash items to Federal Reserve banks and branches by m em ber and nonm em ber clearing banks Returned or dishonored items Check routing symbol program Administration and interpretation of R egulation J—Check Clearing and Collection Collection of noncash items Notes, drafts, and other noncash items Corporate bonds and coupons Administration and interpretation of Regulation G — Collection of Noncash Items COMMODITY CREDIT CORPORATION James L. Cauthen, Vice President Herman W. Kilman, Assistant Cashier H. M. Simmons, Manager Disbursements under cotton loan program Issuance, servicing, and redemption of CCC certificates of interest Custody of Government cotton loan notes and warehouse receipts Disbursements and remittances for Commodity Stabilization Service FISCAL AGENCY T. A. Hardin, Vice President Herman W. Kilman, Assistant Cashier E. G. Hudel, Manager United States savings bonds Accounts of issuing agents Issue, reissue, and redemption of savings bonds 6 Revised March 4, I960 HEAD OFFICE Federal Reserve Bank of Dallas FISCAL AGENCY (Continued) Lost, stolen, or destroyed savings bonds Paying agent settlement Qualification of issuing and paying agents Shipments of savings bonds Marketable Government securities Issue, exchange, transfer, and redemption of securities Lost, stolen, or destroyed securities Subscriptions to cash or exchange offerings of Government securities Treasury tax and loan accounts Accounts of depositaries (deposits and collateral) Qualification of depositaries W ithdrawal calls Federal taxes Deposit of taxes Duplicate receipts Qualification of depositaries LEGAL George F. Rudy, General Counsel and Assistant Secretary of the Board Robert H. Boykin, Assistant Counsel LOANS AND REDISCOUNTS T. A. Hardin, Vice President Herman W. Kilman, Assistant Cashier E. G. Hudel, Manager Collection and analysis of credit data Record of Federal Reserve Bank’s investment in Government securities Administration and interpretation of Regulations: A—Advances and Discounts by Federal Reserve Banks Revised March 4, 1960 7 HEAD OFFICE Federal Reserve Bank of Dallas LOANS AND REDISCOUNTS (Continued) B—Open Market Purchases of Bills of Exchange, Trade Accept ances and Bankers’ Acceptances Under Section 14 C—Acceptance by Member Banks of Drafts or Bills of Exchange E—Purchase of W arrants V—Loan Guarantees for Defense Production MACHINE PROCESSING T. A. Hardin, Vice President Roy E. Bohne, Assistant Cashier John F. Yeilush, Manager Electric punch card accounting machine operations Maintain punch card files Preparation and revision of departm ental procedures and main tenance of master file Design new forms and maintain forms control files PERSONNEL James A. Parker, Vice President Wm. F. Pope, Jr., Manager Employment Employee records Preparation of payroll Job analysis and evaluation Salary and personnel policy surveys Medical examinations and first aid Employee counseling Employee publication Hospitalization and insurance Retirement system Cafeteria service for officers and employees 8 Revised March 4, 1960 HEAD OFFICE Federal Reserve Bank of Dallas RESEARCH AND STATISTICAL Morgan H. Rice, Vice President and Secretary of the Board Philip E. Coldwell, Director of Research Research: Theodore R. Eck, General Economist Bernard Goss, Industrial Economist Irving O. Linger, Financial Economist Leslie C. Peacock, Financial Economist J. Z. Rowe, Agricultural Economist Assembling and analyzing economic data — agriculture, trade, finance, and industry Agricultural News of the Week . Business Review Farm and Ranch Bulletin Banking, business, agricultural, and other economic releases Statistical: Zenas B. Smith, Administrative Assistant Collection of statistical data on banking, retail trade, and con sumer credit Preparation of statistical tabulations and reports Foreign exchange transactions — reports Research L ibrary: Mabel Wilkerson, Librarian Economic publications — books, periodicals, newspapers, special reports, government documents and releases, economic and financial services, and other material to facilitate research Revised March 4, I960 9 HEAD OFFICE Federal Reserve Bank of Dallas SECRETARY OF THE BOARD OF DIRECTORS Morgan H. Rice, Vice President and Secretary of the Board George F. Rudy, General Counsel and Assistant Secretary of the Board Proceedings of meetings of Board of Directors and committees of Board of Directors Election of Class A and Class B directors by member banks Information regarding directors SERVICES — BUILDING AND OTHER OPERATIONS T. W. Plant, Vice President and Cashier E. H. Berg, Assistant Cashier Hoyt McCormick, Manager Federal Reserve Postal Substation “K” Mail — incoming and outgoing Protection — fire and safety Telephone service Wire service — private and commercial Purchase of equipment and supplies Maintenance of furniture and equipment Building operations General files and records Printing and duplicating services Interdepartmental communications — messenger service and pneu matic tube system 10 Revised March 4, 1960 REGULATIONS OF THE BOARD OF GOVERNORS A—Advances and Discounts by Federal Reserve Banks ____________________________________ T. A. Hardin B—Open Market Purchases of Bills of Exchange, Trade Acceptances and Bankers’ Accept ances Under Section 14______ _______________T. A. Hardin C—Acceptance by M ember Banks of D rafts or Bills of Exchange__________________________ T. A. Hardin D—Reserves of Member Banks______________________ G. R. Murff E—Purchase of W arrants_________________________ T. A. Hardin F—Trust Powers of National Banks______ ____ ___ L. G. Pondrom G—Collection of Noncash Items_______________-James L. Cauthen H—Membership of State Banking Institutions in the Federal Reserve System____________ L. G. Pondrom I—Increase or Decrease of Capital Stock of Fed eral Reserve Banks and Cancellation of Old and Issue of New Stock Certfiicates____ _______ G. R. Murff J—Check Clearing and Collection............................. James E. Cauthen K—Corporations Doing Foreign Banking or Other Foreign Financing Under the Federal Re serve Act ________ ________________________L. G. Pondrom L—Interlocking Bank D irectorates Under the Clayton A c t______________________________L. G. Pondrom M—Foreign Branches of National Banks and of Corporations Organized Under the Provi sions of Section 25(a) of the Federal Reserve Act --------------------------------------------L. G. Pondrom N—Relations with Foreign Banks and Bankers____ L. G. Pondrom O—Loans to Executive Officers of Member Banks... L. G. Pondrom P—Holding Company Affiliates — Voting Permits....L. G. Pondrom O—Payment of Interest on Deposits_______________L. G. Pondrom R—Relationships with Dealers in Securities Under Section 32 of the Banking Act of 1933______ L. G. Pondrom T—Credit by Brokers, Dealers, and Members of National Securities Exchanges_____________L. G. Pondrom U—Loans by Banks for the Purpose of Purchasing or Carrying Registered Stocks______ ____ _ L. G. Pondrom V—Loan Guarantees for Defense Production________ T. A. Hardin Y—Bank Holding Companies______ ______________ L. G. Pondrom Revised March 4, 1960 ll EL PASO BRANCH Federal Reserve Bank of Dallas EL P A S O B R A N C H DIRECTORS Chairman of the Board W ILLIAM R. M ATHEW S JO H N P. BUTLER, President, The First National Bank of Midland, Midland, Texas FLOYD CHILDRESS, Vice President, The First National Bank of Roswell, Roswell, New Mexico ROGER B. CORBETT, President, New Mexico State University, University Park, New Mexico DYSART EDGAR HOLCOMB, Director of Research, El Paso Natural Gas Company, El Paso, Texas JO SEPH F. IRVIN, President, Southwest National Bank of El Paso, El Paso, Texas W ILLIAM R. MATHEW S, Editor and Publisher, The Arizona Daily Star, Tucson, Arizona CHARLES 1L PERRY, President, First State Bank, Odessa, Texas OFFICERS HOW ARD CARRITHERS, Vice President in Charge FREDRIC W. REED, Cashier T. C. ARNOLD, Assistant Cashier 12 Revised March 4, 1960 EL PASO BRANCH Federal Reserve Bank of Dallas EL P A S O B R A N C H HOW ARD CARRITHERS, Vice President in Charge FREDRIC W. REED, Cashier Check collections, including G overnm ent checks drawn on the Treasurer of the United States and postal money orders Purchase and sale of securities for account of member banks Receipt and delivery of securities purchased or sold for account of member banks Delivery of bearer Government securities pursuant to telegraphic transfer from other Federal Reserve banks Noncash collections Payment of currency and coin Receipt and verification of currency and coin Reports of unusual currency transactions on Form TCR-1, pursuant to instructions from the Treasury Department Safekeeping of securities Payment of coupons of the United States Government and govern mental agencies Issue, exchange, and redemption United States savings bonds Revised March 4, 1960 13 EL PASO BRANCH Federal Reserve Bank of Dallas United States marketable securities Treasury tax and loan accounts W ithholding tax deposits Commodity Credit activities T. C. ARNOLD, Assistant Cashier Loan and discount operations Member bank reserve accounts Nonmember bank clearing accounts Signature authorities Stop-payment orders Telegraphic transfers of funds Mail transfers of funds Administration and interpretation of Regulation U — Loans by Hanks for the Purpose of Purchasing or Carrying Registered Stocks AUDITING George W. Saunders, Branch Auditor Reconciliation of reserve and deferred credits accounts and verifica tion of other accounts Check disposition of incoming money and security shipm ents and obtain receipts for outgoing money and security shipm ents 14 Revised March 4, 1960 HOUSTON BRANCH Federal Reserve Bank of Dallas HOUSTON BRANCH DIRECTORS Chairman of the Board JOHN C. FLANAGAN W. B. CALLAN, President, The Victoria National Bank, Victoria, Texas MARVIN K. COLLIE, President, The National Bank of Commerce of Houston, Houston, Texas A. E. CUDLIPP, Vice President and Director, Lufkin Foundry & Machine Company, Lufkin, Texas JOHN C. FLANAGAN, Vice President and General M anager, Texas Distribution Division, United Gas Corporation, Houston, Texas M. M. GALLOWAY, President, First Capitol Bank, W est Columbia, Texas J. W. McLEAN, President, Texas National Bank of Houston, Houston, Texas TYRUS R. TIMM, Head, Department of Agricultural Economics and Sociology, A. & M. College of Texas, College Station, Texas OFFICERS J. L. COOK, Vice President in Charge B. J. TROY, Cashier W. C. HARTUNG, Assistant Cashier RASCO R. STORY, Assistant Cashier Revised March 4, 3960 15 HOUSTON BRANCH Federal Reserve Bank of Dallas HOUSTON BRANCH J. L. COOK, Vice President in Charge B. J. TROY, Cashier W. C. HARTUNG, Assistant Cashier Loan and discount operations Purchase and sale of securities for account of member banks Receipt and delivery of securities purchased or sold for account of member banks Delivery of bearer Government securities pursuant to telegraphic transfer from other Federal Reserve banks Issue, exchange, and redemption United States savings bonds United States marketable securities Treasury tax and loan accounts Withholding tax deposits Commodity Credit activities Payment of currency and coin Receipt and verification of currency and coin Reports of unusual currency transactions on Form TCR-1, pursuant to instructions from the Treasury Department Safekeeping of securities 16 Revised March 4, 1960 HOUSTON BRANCH Federal Reserve Bank of Dallas Payment of coupons of the United States Government and govern mental agencies RASCO R. STORY, Assistant Cashier Member bank reserve accounts Nonmember bank clearing accounts Signature authorities Stop-payment orders Telegraphic transfers of funds Mail transfers of funds Check collections, including G overnm ent checks drawn on the Treasurer of the United States and postal money orders Noncash collections Administration and interpretation of R egulation U — Loans by Banks for the Purpose of Purchasing or Carrying Registered Stocks AUDITING R. J. Schoenhoff, Branch Auditor Reconciliation of reserve and deferred credits accounts and verifica tion of other accounts Check disposition of incom ing money and security shipm ents and obtain receipts for outgoing money and security shipm ents Revised March 4, 1960 17 SAN ANTONIO BRANCH Federal Reserve Bank of Dallas S AN A N T O N I O B R A N C H DIRECTORS Chairman of the Board ALEX R. THOMAS J. W. BERETTA, Member, Board of Directors, First National Bank of San Antonio, San Antonio, Texas BURTON DUNN, Chairman of the Executive Committee, Corpus Christi State National Bank, Corpus Christi, Texas DONALD D. JAMES, Vice President, The Austin National Bank, Austin, Texas JOHN R. STOCKTON, Professor of Business Statistics and Di rector of Bureau of Business Research, The University of Texas, Austin, Texas DW IGHT D. TAYLOR, President, Pan American State Bank, Brownsville, Texas ALEX R. THOMAS, Vice President, Geo. C. Vaughan & Sons, San Antonio, Texas HAROLD VAGTBORG, Chairman of the Board, Southwest Re search Center, San Antonio, Texas OFFICERS CARL H. MOORE, Vice President in Charge A. E. MUNDT, Cashier ALVIN E. RUSSELL, Assistant Cashier FREDERICK J. SCHMID, Assistant Cashier 18 Revised March 4, 1960 SAN ANTONIO BRANCH Federal Reserve Bank of Dallas SAN A NT ON IO BRANCH CARL H. MOORE, Vice President in Charge A. E. MUNDT, Cashier ALVIN E. RUSSELL, Assistant Cashier Check collections, including G overnm ent checks drawn on the Treasurer of the United States and postal money orders Noncash collections Delivery of bearer Government securities pursuant to telegraphic transfer from other Federal Reserve banks Member bank reserve accounts Nonmember bank clearing accounts Signature authorities Stop-payment orders Telegraphic transfers of funds Mail transfers of funds FRED ERICK J. SCHMID, Assistant Cashier Loan and discount operations Purchase and sale of securities for account of member banks Receipt and delivery of securities purchased or sold for account of member banks Revised March 4, 1960 19 SAN ANTONIO BRANCH Federal Reserve Bank of Dallas Payment of currency and coin Receipt and verification of currency and coin Reports of unusual currency transactions on Form TCR-1, pursuant to instructions from the Treasury Department Safekeeping of securities Payment of coupons of the United States Government and govern mental agencies Issue, exchange, and redemption United States savings bonds United States marketable securities Treasury tax and loan accounts Withholding tax deposits Commodity Credit activities Administration and interpretation of R egulation U — Loans by Banks for the Purpose of Purchasing or Carrying Registered Stocks AUDITING George W. Stover, Branch Auditor Reconciliation of reserve and deferred credits accounts and verifi cation of other accounts Check disposition of incoming money and security shipm ents and obtain receipts for outgoing money and security shipm ents 20 Revised March 4, 1960
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