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F e d e r a l R e ser ve B a n k OF D ALLAS Dallas, Texas, January 24, 1964 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 o f the Board of Governors and bulletins o f 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 Library (FedHistory@dal.frb.org) D I R E C T O R Y OF THE FEDERAL RESERVE BANK OF DALLAS AND BRANCHES Head Office, 400 South Akard Street, Dallas, Texas Mailing Address Station K Dallas, Texas 75222 T e le p h o n e : R iv e rsid e 2-3271 (F o r night, week-end, and holiday emergency ca lls : R iversid e 2-4528) El Paso Branch, 301 East Main Street, El Paso, Texas Mailing Address P. O. B o x 100 El Paso, Texas 79999 Telephone: 532-1681 Houston Branch, 1701 San Jacinto Street, Houston, Texas Mailing Address P. O. B o x 2578 Houston, Texas 77001 T e le p h o n e : C A p itol 7-8281 San Antonio Branch, 210 West Nueva Street, San Antonio, Texas Mailing Address P. O. B o x 1471 San Antonio, Texas 78206 T e le p h o n e : C A pitol 7-4153 CONTENTS Page HEAD OFFICE D irectors_______________________________________________________ 1 Member of the Federal Advisory Council________________________ 1 Officers ________________________________________________________ 2 Departments and functions A cco u n tin g __________________________________________________ 3 Auditing ____________________________________________________ 3 Bank and public relations ------------------------------------------------- 4 Bank examination and supervision---------------------------------------- 4 C a s h ________________________________________________________ 5 Collections — checks, other cash items, and noncash items 5 Emergency planning _________________________________________ 6 Fiscal a g en cy _______________________________________________ 6 Legal _______________________________________________________ 7 Loans and rediscounts______________________________________ 7 Machine processing__________________________________ 8 Personnel ___________________________________________________ 8 Regulations of the Board of Governors----------------------------------- 11 Research and statistical_____________________________________ 9 Reserve accounts of member banks__________________________ 3 Secretary of the Board of D irectors-________________________ 10 Securities Issuance, redemption, and exchange--------------------------------- 7 Purchase and sales------------------------------------------------------------- 5 S a fek eep in g--------------------------------------------------------------------- 5 Services — building and other operations___________________ 10 EL PASO BRANCH Directors and officers ... 12 Functions Auditing ------------------------------------------------------------------------------- 14 O t h e r _______________________________________________________ 13 HOUSTON BRANCH Directors and officers------------------------------------------------------------------ 15 Functions Auditing ------------------------------------------------------------------------------- 17 O th e r _______________________________________________________ 16 SAN ANTONIO BRANCH Directors and officers-------------------18 Functions Auditing ____________________________________________________ 20 O th e r _______________________________________________________ 19 HEAD OFFICE Federal R eserve Bank of Dallas DIRECTORS Chairman of the Board and Federal Reserve Agent R O B E R T O. A N D E R S O N Deputy Chairman C A R L J. T H O M S E N CLASS A DIRECTORS J. E D D M cL A U G H L IN , President, Security State Bank & Trust Company, Ralls, Texas R A L P H A. P O R T E R , President, The State National Bank of Denison, Denison, Texas R O Y R ID D E L , President, First National Bank at Lubbock, Lubbock, Texas CLASS B DIRECTORS D. A. H U L C Y , Chairman of the Board, Lone Star Gas Company, Dallas, Texas J. B. P E R R Y , JR., President and General Manager, Perry Brothers, Inc., Lufkin, Texas H. B. Z A C H R Y , President, H. B. Zachry Company, San Antonio, Texas CLASS C DIRECTORS R O B E R T O. A N D E R S O N , Owner, Lincoln County Livestock Company, Roswell, New Mexico M A X L E V IN E , President, F oley’s, Houston, Texas C A R L J. T H O M SE N , Senior V ice President, Texas Instruments, Inc., Dallas, Texas FEDERAL ADVISORY COUNCIL MEMBER JAM ES W . A ST O N , President, Republic National Bank of Dallas, Dallas, Texas I Revised January 24, 1964 HEAD OFFICE Federal R eserve Bank o f D allas OFFICERS W A T R O U S H. IR O N S, President P. E. C O L D W E L E , First V ice President JAM ES L. C A U T H E N , V ice President R A L P H T . G REEN , V ice President T. A. H A R D IN , V ice President G. R. M U R FF, Vice President and Secretary of the Board JAM ES A. P A R K E R , V ice President T. W . P L A N T , V ice President and Cashier W . M. P R IT C H E T T , V ice President T H O M A S R. S U L L IV A N , V ice President A R T H U R H. L A N G , General Auditor G E O R G E F. R U D Y , General Counsel R O B E R T H. B O Y K IN , Assistant Counsel and Assistant Secretary of the Board J. Z. R O W E , Director of Research JAM ES O. R U SSE L L , Chief Examiner L E O N W . C O W A N , Assistant V ice President E. H. BERG , Assistant Cashier F R E D R IC W . R E E D , Assistant Cashier T O N Y J. S A L V A G G IO , Assistant Cashier E. A. T H A X T O N , JR., Assistant Cashier E. W . V O R L O P , JR., Assistant Cashier 2 Revised January 24, 1964 HEAD OFFICE Federal R eserve Bank of D allas HEAD OFFICE ACCOUNTING G. R. Murff, V ice President and Secretary of the Board T ony J. Salvaggio, Assistant Cashier C. R. Wallin, Manager General Books and Bank Accounts Division Member bank reserve accounts Orders for drafts on Federal Reserve Bank 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 Capital S tock o f F ederal R eserve Banks and Cancellation of Old and Issue of New Stock Certificates Transfer of Funds Division Telegraphic transfers of funds Mail transfers of funds Disbursements and collections in connection with cotton loan program for New Orleans office of Agricultural Stabilization and Conservation Service AUDITING Arthur H. Bang, General Auditor Herman B. Hudson, Assistant General Auditor Reconciliation of accounts of member banks and others Verification of accounts and balances furnished to bank examiners and others Investigation of adjustments affecting member bank reserve accounts and Treasury tax and loan accounts Check disposition of incoming money and security shipments Obtain receipts for outgoing money and security shipments 3 Revised January 24, 1964 H E A D O F F IC E Federal R eserve Bank of D allas BANK AND PUBLIC RELATIONS T. W . Plant, V ice President and Cashier E. H. Berg, 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 Thomas R. Sullivan, V ice President James O. Russell, Chief Examiner Examination ol state member banks and affiliates Applications for membership in Federal Reserve System Administration and interpretation of Regulations: C— Acceptance by Member Banks of Drafts or Bills of Exchange H — Membership of State Banking In stitu tion s in the Federal Reserve System Iv— Corporations Doing Foreign Banking or Other Foreign Fi nancing Under the Federal Reserve A ct L — Interlocking Bank Directorates Under the Clayton A ct M— Foreign Branches of National Banks O — Loans to Executive Officers of Member Banks P— H olding Company Affiliates— V oting Permits Q— Payment of Interest on Deposits R — Relationships with Dealers in Securities Under Section 32 of the Banking A ct of 1933 S— Bank Service Arrangements 4 Revised January 24, 1964 HEAD OFFICE Federal R eserve Bank of D allas 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 H olding Companies CASH AND SECURITIES T. W . Plant, V ice President and Cashier E. A . Thaxton, Jr., Assistant Cashier R. D. Ingram, 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 United States 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, V ice President E. W . Vorlop, Jr., Assistant Cashier Sidney J. Alexander, Jr., Manager Collection of cash items Checks and other cash items Government checks drawn on the Treasurer of the United States Postal money orders 5 Revised January 24, 1964 HEAD OFFICE Federal R eserve Bank of D allas (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 Magnetic ink character recognition program Check routing symbol program Administration and interpretation of Regulation 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 Food Stamp Program EMERGENCY PLANNING James L. Cauthen, Vice President Leo T. Howell, Special Assistant — Emergency Planning Emergency preparedness planning FISCAL AGENCY T. A. Hardin, V ice President Fredric W . Reed, Assistant Cashier J. R. Benton, Manager United States savings bonds Accounts of issuing agents Issue, reissue, and redemption of savings bonds Lost, stolen, or destroyed savings bonds 6 Revised January 24, 1964 HEAD OFFICE Federal R eserve Bank of D allas FISCAL AGENCY (Continued) 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 Withdrawal calls Federal taxes Deposit of taxes Duplicate receipts Qualification of depositaries Foreign assets control regulations LEGAL George F. Rudy, General Counsel Robert H. Boykin, Assistant Counsel and Assistant Secretary of the Board George C. Cochran, Legal Assistant LOANS AND REDISCOUNTS T. W . Plant, V ice President and Cashier Leon W . Cowan, Assistant V ice President Jesse D. Sanders, Assistant 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 January 24, 1964 HEAD OFFICE Federal R eserve Bank of D allas LOANS AND REDISCOUNTS (Continued) B— Open Market Purchases of Bills of Exchange, Trade A ccept ances and Bankers’ Acceptances Under Section 14 E— Purchase of Warrants N— Relations with Foreign Banks and Bankers V — Loan Guarantees for Defense Production MACHINE PROCESSING T. A. Hardin, V ice President Eeon W . Cowan, Assistant V ice President Ted E. Spreng, Manager Electronic computer operations PERSONNEL James A. Parker, V ice President Harry E. Robinson, 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 January 24, 1964 HEAD OFFICE Federal R eserve Bank of D allas RESEARCH AND STATISTICAL Ralph T . Green, V ice President J. Z. Rowe, Director of Research Research: Weldon C. Neill, General Economist John B. Ross, Financial Economist Don L. Woodland, Financial Economist Assembling- and a n aly zin g e co n o m ic data — agriculture, trade, finance, and industry Banking, business, agricultural, and other economic releases Agricultural News o f the W eek Business Review Farm and Ranch Bulletin Statistical: Zenas B. Smith, Administrative Assistant James A. Pflueger, Supervisor Collection of statistical data on banking, retail trade, and con sumer credit Preparation of statistical tabulations and reports Foreign exchange transactions — reports Research L ibra ry : Mabel W ilkerson, Librarian Econom ic publications — books, periodicals, newspapers, special reports, government documents and releases, economic and financial services, and other material to facilitate research 9 Revised January 24, 1964 HEAD OFFICE Federal R eserve B ank of D allas SECRETARY OF THE BOARD OF DIRECTORS G. R. Murff, V ice President and Secretary of the Board Robert H. Boykin, Assistant 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 OTH ER OPERATIONS W . M. Pritchett, V ice President H oyt McCormick, Manager Federal Reserve Postal Substation “ K ” Mail — incoming and outgoing Protection — fire and safety Telephone service W ire service — private and commercial Purchase of equipment and supplies Maintenance of furniture and equipment Building repairs and alterations Heating and air conditioning Records, files, and archives Printing and duplicating services Interdepartmental communications - messenger service and pneu — matic tube system 10 R evised January 24, 1964 REGULATIONS OF THE BOARD OF GOVERNORS A — Advances and Discounts by Federal Reserve Banks T. W . Plant B— Open Market Purchases of Bills of Exchange, Trade Acceptances and Bankers’ A ccept ances Under Section 14_________________________ T . W . Plant C— Acceptance by M em ber Banks o f D rafts or Bills of Exchange T. R. Sullivan D— Reserves of Member Banks_________________________ G. R. Murff E— Purchase of Warrants_____________________________ T . W . Plant G— Collection of Noncash Items James L. Cauthen H — Membership of State Banking Institutions in the Federal Reserve System T . R. Sullivan I — Increase or Decrease of Capital Stock of Fed eral Reserve Banks and Cancelation of Old and Issue of New Stock Certificates____________ G. R. Murff J — Check Clearing and Collection James L. Cauthen K— Corporations D oing Foreign Banking or Other Foreign Financing Under the Federal Re serve A c t T. R. Sullivan L— Interlocking Bank D irectora tes Under the Clayton A ct ________________________________ T. M— Foreign Branches of National Banks R. Sullivan T. R. Sullivan N— Relations with Foreign Banks and Bankers------------- T . W . Plant O— Loans to Executive Officers of Member Banks T. R. Sullivan P— H olding Company Affiliates — V oting Permits— T. R. Sullivan Q— Payment of Interest on Deposits T. R. Sullivan R— Relationships with Dealers in Securities Under Section 32 of the Banking A ct of 1933 T. R. Sullivan S— Bank Service Arrangements T. R. Sullivan T — Credit by Brokers, Dealers, and Members of National Securities Exchanges T. R. Sullivan U— Loans by Banks for the Purpose of Purchasing or Carrying Registered S tock s T. R. Sullivan V — Loan Guarantees for Defense Production__________ T . W . Plant Y — Bank H olding Companies T. R. Sullivan 11 Revised January 24, 1964 EL PASO BRANCH Federal R eserve Bank of D allas EL PASO BRANCH DIRECTORS Chairman of the Board D Y S A R T E. H O L C O M B R O G E R B. C O R B E T T , President, New M exico State University, University Park, New M exico R O B E R T W . H E Y E R , President, Southern Arizona Bank & Trust Company, Tucson, Arizona D Y S A R T E. H O L C O M B , Director of Research, El Paso Natural Gas Products Company, El Paso, Texas JO SE PH F. IR V IN , President, Southwest National Bank of El Paso, El Paso, Texas C. R O B E R T M cN A L L Y , JR., Rancher, Roswell, New Mexico C H A R L E S B. P E R R Y , Chairman of the B oard/F irst State Bank, Odessa, Texas D IC K R O G E R S, President, First National Bank in Alpine, Alpine, Texas OFFICERS R O Y E. B O H N E , V ice President in Charge T. C. A R N O L D , Cashier F O R R E S T E. C O L E M A N , Assistant Cashier 12 Revised January 24, 1964 EL PASO BRANCH Federal R eserve Bank of D allas EL PASO BRANCH R O Y E. B O H N E , V ice President in Charge T. C. A R N O L D , Cashier Loan and discount operations Administration and interpretation of Regulation U — Loans by Banks for the Purpose of Purchasing or Carrying Registered Stocks ACCOUNTING DEPARTMENT E. P. Prentiss, Manager Member bank reserve accounts Orders for drafts on Federal Reserve Bank Reserve deficiencies Nonmember bank clearing accounts Signature authorities Stop-payment orders Telegraphic transfers of funds Mail transfers of funds SERVICE DIVISION A. H. Clayton, Assistant Manager F O R R E S T E. C O L E M A N , Assistant Cashier TRANSIT DEPARTMENT M. D. Cline, Jr., Manager Check collections, including Government checks drawn on the Treasurer of the United States and postal money orders Returned or dishonored items Magnetic ink character recognition program 13 Revised January 24, 1964 EL PASO BRANCH Federal R eserve Bank o f D allas Check routing symbol program Administration and interpretation of Regulation J — Check Clearing and Collection Noncash collections Food Stamp Program FISCAL AGENCY — CASH DEPARTMENT G. W . Saunders, Manager 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 Payment of currency and coin Receipt and verification o f 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 W ithholding tax deposits Commodity Credit activities AUDITING Charles R. Bell, Branch 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 14 Revised January 24, 1964 HOUSTON BRANCH Federal R eserve Bank o f D allas HOUSTON BRANCH DIRECTORS Chairman of the Board E D G A R H. H U D G IN S D O N A L D B. C A M P B E L L , W orks Manager, Sabine River W orks, E. I. du Pont de Nemours & Company, Orange, Texas J. A. ELK IN S, JR., Chairman of the Board, First City National Bank of Houston, Houston, Texas M. M. G A L L O W A Y , President, First Capitol Bank, W est Columbia, Texas JOH N E. G R A Y , President, First Security National Bank of Beaumont, Beaumont, Texas E D G A R H. H U D G IN S, Ranching — Partner in Hudgins Division of J. D. Hudgins, Hungerford, Texas J. W . M cL E A N , President, Texas National Bank of Commerce of Houston, Houston, Texas L O V E T T C. P E T E R S, V ice President — Transportation and Supplies, Continental Oil Company, Houston, Texas OFFICERS J. L. CO O K , V ice President in Charge B. J. T R O Y , Cashier W . C. H A R T U N G , Assistant Cashier R A SC O R. S T O R Y , Assistant Cashier 15 Revised January 24, 1964 HOUSTON BRANCH Federal R eserve Bank of D allas HOUSTON BRANCH J. L. CO O K , V ice President in Charge B. J. T R O Y , Cashier W . C. H A R T U N G , Assistant Cashier FISCAL AGENCY DEPARTMENT H. A. Yancey, Manager Issue, exchange, and redemption United States Savings bonds United States marketable securities Treasury tax and loan accounts W ithholding tax deposits Commodity Credit activities LOAN AND SERVICE DEPARTMENT L. F. Moss, Manager Loan and discount operations Administration and interpretation of Regulation U — Loans by Banks for the Purpose of Purchasing or Carrying Registered Stocks 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 CASH DEPARTMENT R. M. Guinn, Manager 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 16 Revised January 24, 1964 HOUSTON BRANCH Federal R eserve Bank of D allas Safekeeping of securities Payment of coupons of the United States Government and governmental agencies R A SC O R. S T O R Y , Assistant Cashier ACCOUNTING DEPARTMENT W . A. Arnold, Jr., Manager Member bank reserve accounts Signature authorities Stop-payment orders Telegraphic transfers o f funds Mail transfers of funds TRANSIT DEPARTMENT R. E. Maley, Manager Check collections, including Government checks drawn on the Treasurer of the United States and postal money orders Returned or dishonored items Magnetic ink character recognition program Check routing symbol program Administration and interpretation of Regulation J — Check Clearing and Collection Noncash collections Food Stamp Program AUDITING R. J. Schoenhoff, Branch Auditor Reconciliation of reserve and deferred credits accounts and verification of other accounts Check disposition of incoming money and security shipments and obtain receipts for outgoing money and security shipments 17 Revised January 24, 1964 SAN ANTONIO BRANCH Federal Reserve Bank of D allas SAN ANTONIO BRANCH DIRECTORS Chairman of the Board H A R O L D D. H E R N D O N G. C. H A G E L S T E IN , President and General Manager, Union Stock Yards San Antonio, San Antonio, Texas H A R O L D D. H E R N D O N , Independent Oil Operator, San Antonio, Texas M A X A. M A N D E L , President, The Laredo National Bank, Laredo, Texas F O R R E S T M. SM IT H , President, National Bank of Commerce of San Antonio, San Antonio, Texas JOHN R. S T O C K T O N , Professor of Business Statistics and D i rector of Bureau of Business Research, The University of Texas, Austin, Texas D W IG H T D. T A Y L O R , President, Pan American State Bank, Brownsville, Texas J. R. T H O R N T O N , Chairman of the Board and President, State Bank and Trust Company, San Marcos, Texas OFFICERS C A R L H. M O O R E , V ice President in Charge A. E. M U N D T , Cashier A L V IN E. R U SSE LL , Assistant Cashier F R E D E R IC K J. SC H M ID , Assistant Cashier 18 Revised January 24, 1964 SAN ANTONIO BRANCH Federal R eserve Bank of D allas SAN ANTONIO BRANCH C A R L H. M O O R E , V ice President in Charge A. E. M U N D T , Cashier A L V IN E. R U SSE L L , Assistant Cashier ACCOUNTING DEPARTMENT A. S. Bourdon, Manager Member bank reserve accounts Signature authorities Stop-payment orders Telegraphic transfers of funds Mail transfers of funds TRANSIT DEPARTMENT C. L. Jordan, Manager Check collections, including Government checks drawn on the Treasurer of the United States and postal money orders Returned or dishonored items Magnetic ink character recognition program Check routing symbol program Administration and interpretation o f Regulation J— Check Clearing and Collection Noncash collections Food Stamp Program 19 Revised January 24, 1964 SAN ANTONIO BRANCH Federal R eserve Bank of D allas F R E D R IC K J. SC H M ID , Assistant Cashier CASH — FISCAL AGENCY DEPARTMENT W . R. Stockwell, Manager Delivery of bearer Government securities pursuant to telegraphic transfer from other Federal Reserve banks Receipt and delivery of securities purchased or sold for account of member banks 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 o f coupons of the United States Government and governmental agencies Issue, exchange, and redemption United States savings bonds United States marketable securities Treasury tax and loan accounts W ithholding tax deposits Commodity Credit activities LOAN AND SERVICE DEPARTMENT C. H. Schriewer, Manager Loan and discount operations Administration and interpretation of Regulation U — Loans by Banks for the Purpose of Purchasing or Carrying Registered Stocks Purchase and sale o f securities for account of member banks AUDITING George W . Stover, Branch Auditor Reconciliation of reserve and deferred credits accounts and verification of other accounts Check disposition of incoming money and security shipments and obtain receipts for outgoing money and security shipments 20 Revised January 24, 1964
