Directors of Federal Reserve Banks and Branches - … · Directors of Federal Reserve Banks and...

Directors of Federal Reserve Banks and Branches

Following is a list of the directorates of the Federal Reserve Banks and branches as at present con-stituted. The list shows, in addition to the name of each director, his principal business affiliation, the class of directorship, and the date when his term expires. Each Federal Reserve Bank has nine directors; three Class A and three Class B directors, who are elected by the stockholding member banks, and three Class C directors, who are appointed by the Board of Governors of the Federal Reserve System. Class A directors are representative of the stockholding member banks. Class B directors must be actively engaged in their district in commerce, agriculture, or some industrial pursuit, and may not be officers, directors, or employees of any bank. For the purpose of electing Class A and Class B directors, the member banks of each Federal Reserve district are classified by the Board of Governors of the Federal Reserve System into three groups, each of which consists of banks of similar capitalization, and each group elects one Class A and one Class B director. Class C directors may not be officers, directors, employees, or stockholders of any bank. One Class C director is designated by the Board of Governors as Chairman of the Board of Directors and Federal Reserve Agent and another as Deputy Chairman. Federal Reserve Bank branches have either five or seven directors, of whom a majority are appointed by the board of directors of the parent Federal Reserve Bank and the others are appointed by the Board of Governors of the Federal Reserve System. One of the directors appointed by the Board of Governors at each branch is designated annually as Chairman of the Board in such manner as the Federal Reserve Bank may prescribe.

District 1—FEDERAL RESERVE BANK OF BOSTON

Class A:

WILLIAM R . KENNEDY JOHN S I M M E N

TUCKER H . DAVID

Class B.-

JAMES R . CARTER W . GORDON ROBERTSON

F . RAY KEYSER, JR.

Term Expires Dec. 31

President, Merrimack Valley National Bank, Haverhill, Mass. 1970 Chairman of the Board, Industrial National Bank of Rhode

Island, Providence, R.I. 1971 Executive Vice President, The Deep River National Bank, Deep

River, Conn. 1972

Chairman of the Board, Nashua Corporation, Nashua, N.H. 1970 Chairman of the Executive Committee, Co-Chairman of the

Board, Bangor Punta Corporation, Bangor, Maine 1971 Vice President, Vermont Marble Company, Proctor, Vt. 1972

Class C:

JOHN M . FOX "

JAMES S. DUESENBERRY 1

Louis W. CABOT

Chairman of the Board, President, United Fruit Company, Boston, Mass. 1970

Professor of Economics, Harvard University, Cambridge, Mass. 1971 Chairman of the Board, Cabot Corporation, Boston, Mass. 1972

1 Chairman 2 Deputy Chairman

175 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

February 1970

176 FEDERAL RESERVE BULLETIN • FEBRUARY 1970

District 2—FEDERAL RESERVE BANK OF NEW YORK

Class A :

R . E . M C N E I L L , JR .

C . E . TREMAN, JR. ARTHUR S. H A M L I N

Class B:

ARTHUR K . WATSON

MILTON C . M U M F O R D

MAURICE R . FORMAN

Class C:

JAMES M . HESTER ROSWELL L . GILPATRIC A L B E R T L . NICKERSON


Chairman of the Board, Manufacturers Hanover Trust Company, New York, N.Y. 1970

President, Tompkins County Trust Company, Ithaca, N.Y. 1971 President, The Canandaigua National Bank and Trust Company,

Canandaigua, N.Y. 1972

Chairman of the Board, IBM World Trade Corporation, Ar-monk, N.Y. 1970

Chairman of the Board, Lever Brothers Company, New York, N.Y. 1971

President, B. Forman Co., Inc., Rochester, N.Y. 1972

President, New York University, New York, N.Y. Partner, Cravath, Swaine and Moore, New York, N.Y. New York, N.Y.

1970 1971 1972

BUFFALO BRANCH

Appointed by Federal Reserve Bank:

W I L M O T R. CRAIG Chairman of the Board, Chief Executive Officer, Lincoln Roch-ester Trust Company, Rochester, N.Y. 1970

CHARLES L . HUGHES President, The Silver Creek National Bank, Silver Creek, N.Y. 1970 JAMES I. WYCKOFF President, The National Bank of Geneva, N.Y. 1971 DAVID J . LAUB President, Marine Midland Trust Company of Western New

York, Buffalo, N.Y. 1972

Appointed by Board of Governors:

ROBERT S. BENNETT 1 General Manager, Lackawanna Plant, Bethlehem Steel Corpora-tion, Buffalo, N.Y. 1970

NORMAN F. BEACH Vice President, Eastman Kodak Company, Rochester, N . Y . 1971 MORTON ADAMS General Manager, Pro-Fac Cooperative, Inc., Rochester, N . Y . 1972

District 3—FEDERAL RESERVE BANK OF PHILADELPHIA

Class A:

H . LYLE D U F F E Y

HAROLD F . STILL, JR. WILLIAM R . COSBY

Executive Vice President, The First National Bank, McConnells-burg, Pa. 1970

President, Central-Penn National Bank of Philadelphia, Pa. 1971 President, Princeton Bank and Trust Company, Princeton, N.J. 1972


Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

February 1970

DIRECTORS RESERVE BANKS AND BRANCHES 177

District 3—FEDERAL RESERVE BANK OF PHILADELPHIA—Continued

Class B:

P H I L I P H . G L A T F E L T E R , I I I President, P. H . Glatfelter Co., Spring Grove, Pa. H E N R Y A . T H O U R O N

EDWARD J . D W Y E R

President, Hercules Incorporated, Wilmington, Del. President, ESB Incorporated, Philadelphia, Pa.


1970 1971 1972

Class C.-

WILLIS J . W I N N 1

D . R O B E R T YARNALL, J R .

BAYARD L . ENGLAND 2

Dean, Wharton School of Finance and Commerce, University of Pennsylvania, Philadelphia, Pa. 1970

President, Yarway Corporation, Blue Bell, Pa. 1971 Chairman of the Board, Atlantic City Electric Company, Atlantic

City, N.J. 1972

District 4—FEDERAL RESERVE BANK OF CLEVELAND

Class A:

SEWARD D . SCHOOLER

G E O R G E F . K A R C H

DAVID L . BRUMBACK, J R .

President, Coshocton National Bank, Coshocton, Ohio 1970 Chairman of the Board, Chief Executive Officer, The Cleveland

Trust Company, Cleveland, Ohio 1971 President, Van Wert National Bank, Van Wert, Ohio 1972

Class B.-

JOHN L. G U S H M A N Chief Executive Officer, President, Anchor Hocking Corporation, Lancaster, Ohio

J . W I L L I A M HENDERSON, JR. President, Buckeye International, Inc., Columbus, Ohio R . STANLEY LAING President, The National Cash Register Company, Dayton, Ohio

1970 1971 1972

Class C:

J . W A R D K E E N E R 2

HORACE A . SHEPARD

A L B E R T G . CLAY 1

Chairman of the Board, The B. F. Goodrich Company, Akron, Ohio 1970

Chairman of the Board, Chief Executive Officer, TRW Inc., Cleveland, Ohio 1971

President, Clay Tobacco Company, Mt. Sterling, Ky. 1972

CINCINNATI BRANCH


F L E T C H E R E. N Y C E Chairman of the Board, Chief Executive Officer, The Central Trust Company, Cincinnati, Ohio 1970

R O B E R T B. JOHNSON President, Pikeville National Bank & Trust Company, Pike-ville, Ky. 1971

EDWARD W. BARKER President, First National Bank of Middletown, Ohio 1972 F R E D O. M A C F E E , JR. Vice President, General Manager, Aircraft Engine Operating

Division, General Electric Company, Cincinnati, Ohio 1972



February 1970


District 4—FEDERAL RESERVE BANK OF CLEVELAND—Continued CINCINNATI BRANCH—Continued

Term Expires

Appointed by Board of Governors: Dec. 31 ORIN E . A T K I N S President, Ashland Oil, Inc., Ashland, Ky. 1970 GRAHAM E . MARX 1 President, General Manager, The G. A. Gray Company, Cin-

cinnati, Ohio 1971 PHILLIP R. SHRIVER President, Miami University, Oxford, Ohio 1972

PITTSBURGH BRANCH

Appointed by Federal Reserve Bank: GEORGE S . COOK CHARLES H . BRACKEN ROBINSON F . BARKER

J . W . BINGHAM

President, Somerset Trust Company, Somerset, Pa. 1970 President, Marine National Bank, Erie, Pa. 1971 Chairman of the Board, Chief Executive Officer, PPG Industries,

Pittsburgh, Pa. 1972 President, The Merchants & Manufacturers National Bank,

Sharon, Pa. 1972


B. R . DORSEY RICHARD M . CYERT

LAWRENCE E . WALKLEY

President, Gulf Oil Corporation, Pittsburgh, Pa. 1970 Dean, Graduate School of Industrial Administration, Carnegie-

Mellon University, Pittsburgh, Pa. 1971 President, Chief Executive Officer, Westinghouse Air Brake

Company, Pittsburgh, Pa. 1972

District 5—FEDERAL RESERVE BANK OF RICHMOND

Class A :

G I L E S H . M I L L E R , JR. DOUGLAS D . MONROE, JR. H U G H A . CURRY

Class B:

H . DAIL HOLDERNESS

CHARLES D . LYON

ROBERT S. SMALL

Class C.-

STUART SHUMATE

WILSON H . ELKINS 1

ROBERT W . LAWSON, JR. 2

President, The Culpeper National Bank, Culpeper, Va. 1970 President, Chesapeake National Bank, Kilmarnock, Va. 1971 President, The Kanawha Valley Bank, Charleston, W.Va. 1972

President, Carolina Telephone and Telegraph Company, Tarboro, N.C. 1970

Hagerstown, Md. 1971 President, Dan River Mills, Inc., Greenville, S.C. 1972

President, Richmond, Fredericksburg and Potomac Railroad Company, Richmond, Va. 1970

President, University of Maryland, College Park, Md. 1971 Managing Partner of Charleston Office, Steptoe & Johnson, At-

torneys, Charleston, W.Va. 1972



February 1970


District 5—FEDERAL RESERVE BANK OF RICHMOND—Continued BALTIMORE BRANCH


ADRIAN L . MCCARDELL


JAMES J . ROBINSON TILTON H . DOBBIN

J . R . CHAFFINCH, JR.

Chairman of the Board, First National Bank of Maryland, Balti-more, Md. 1970

Executive Vice President, Bank of Ripley, W.Va. 1970 Chairman of the Executive Committee, President, Maryland Na-

tional Bank, Baltimore, Md. 1971 Executive Vice President, The Denton National Bank, Denton,

Md. 1972


JOHN H . FETTING, JR. President, A. H . Fetting Company, Baltimore, Md. 1970 JAMES M. JARVIS Chairman of the Board, Jarvis, Downing & Emch, Inc., Clarks-

burg, W.Va. 1971 ARNOLD J. K L E F F , JR. 1 Manager, Baltimore Refinery, American Smelting and Refining

Company, Baltimore, Md. 1972

CHARLOTTE BRANCH


C . C . CAMERON

H . P H E L P S BROOKS, JR . L . D . COLTRANE, I I I J . W I L L I S CANTEY

Chairman of the Board, President, First Union National Bank, Charlotte, N.C. 1970

President, The Peoples National Bank, Chester, S.C. 1970 President, The Concord National Bank, Concord, N.C. 1971 President, The Citizens and Southern National Bank, Colum-

bia, S.C. 1972


W I L L I A M B. M C G U I R E 1 President, Duke Power Company, Charlotte, N.C. 1 9 7 0 JOHN L . FRALEY Executive Vice President, Carolina Freight Carriers Corpora-

tion, Cherryville, N.C. 1971 E. CRAIG WALL, SR. Chairman of the Board, Canal Industries, Inc., Conway, S . C . 1 9 7 2

District 6—FEDERAL RESERVE BANK OF ATLANTA

Class A:

A. L. ELLIS Chairman of the Board, First National Bank, Tarpon Springs, Fla. 1970 JOHN W . GAY President, The First National Bank of Scottsboro, Ala. 1971 W I L L I A M B. M I L L S President, The Florida National Bank, Jacksonville, Fla. 1972

1 Chairman


February 1970


District 6—FEDERAL RESERVE BANK OF ATLANTA—Continued

Class B:

HOSKINS A . SHADOW O W E N COOPER

PHILIP J . L E E

President, Tennessee Valley Nursery, Inc., Winchester, Tenn. President, Mississippi Chemical Corporation and Coastal Chem-

ical Corporation, Yazoo City, Miss. Vice President, Tropicana Products, Inc., Tampa, Fla.


1970

1971 1972

Class C:

JOHN C . WILSON 2

EDWIN I . HATCH 1

F . EVANS FARWELL

President, Horne-Wilson, Inc., Atlanta, Ga. President, Georgia Power Company, Atlanta, Ga. President, Milliken & Farwell, Inc., New Orleans, La.

1970 1971 1972

BIRMINGHAM BRANCH


ARTHUR L . JOHNSON President, Camden National Bank, Camden, Ala. 1970 GEORGE A. L E M A I S T R E President, City National Bank, Tuscaloosa, Ala. 1970 K. M . VARNER, JR. President, The First National Bank of Auburn, Ala. 1971 HARVEY TERRELL Chairman of the Board, The First National Bank of Birming-

ham, Ala. 1972


C. CALDWELL MARKS 1 Chairman of the Board, Owens-Richards Company, Inc., Birm-ingham, Ala. 1970

W . CECIL BAUER President, South Central Bell Telephone Company, Birming-ham, Ala. 1971

E . STANLEY ROBBINS President, National Floor Products Company, Inc., Florence, Ala. 1972

JACKSONVILLE BRANCH


HARRY HOOD BASSETT Chairman of the Board, The First National Bank, Miami, Fla. 1970 JOHN Y. H U M P H R E S S Executive Vice President, Capital City First National Bank, Tal-

lahassee, Fla. 1970 EDWARD W . LANE, JR. President, The Atlantic National Bank, Jacksonville, Fla. 1971 JAMES G. RICHARDSON Chairman of the Board, President, The Commercial Bank and

Trust Company of Ocala, Fla. 1972


H E N R Y CRAGG 1 Vice-President, Coca-Cola Company Foods Division, Orlando, Fla. 1970

CASTLE W . JORDAN President, AO Industries, Inc., Coral Gables, Fla. 1971 H E N R Y K. STANFORD President, University of Miami, Coral Gables, Fla. 1972



February 1970


District 6—FEDERAL RESERVE BANK OF ATLANTA—Continued NASHVILLE BRANCH

Term Expires

Appointed by Federal Reserve Bank: Dec. 31 H . A. CROUCH, JR. President, The First National Bank, Tullahoma, Tenn. 1970 W . H . SWAIN President, First National Bank, Oneida, Tenn. 1970 H U G H M. WILLSON President, Citizens National Bank, Athens, Tenn. 1971 EDWARD C. H U F F M A N Chairman of the Board, President, First National Bank, Shelby-

ville, Tenn. 1972

Appointed by Board of Governors: ROBERT M. WILLIAMS 1 President, ARO, Inc., Tullahoma, Tenn. 1 9 7 0 EDWARD J . BOLING Vice President for Development and Administration, The Uni-

versity of Tennessee, Knoxville, Tenn. 1971 ROY J . FISHER Manager, Tennessee Operations, Aluminum Company of Amer-

ica, Alcoa, Tenn. 1972

NEW ORLEANS BRANCH

Appointed by Federal Reserve Bank: LUCIEN J . H E B E R T , JR. Executive Vice President, Lafourche National Bank of Thibo-

daux, La. 1970 MORGAN W H I T N E Y Senior Vice President, Whitney National Bank, New Orleans, La. 1970 E . W. HAINING President, The First National Bank, Vicksburg, Miss. 1971 H . P. HEIDELBERG, JR. President, Pascagoula-Moss Point Bank, Pascagoula, Miss. 1972

Appointed by Board of Governors: ROBERT H . RADCLIFF, JR. President, Southern Industries Corporation, Mobile, Ala. 1970 FRANK G . S M I T H 1 Vice President, Mississippi Power & Light Company, Jackson,

Miss. 1971 D. B E N K L E I N P E T E R Wholesale Manager, Kleinpeter Farms Dairy, Inc., Baton

Rouge, La. 1972

District 7—FEDERAL RESERVE BANK OF CHICAGO

Class A : M E L V I N C . LOCKARD FLOYD F . W H I T M O R E EDWARD B . S M I T H

President, First National Bank, Mattoon, 111. 1970 President, The Okey-Vernon National Bank, Corning, Iowa 1971 Chairman of the Board, The Northern Trust Company, Chicago,

111. 1972

Class B.-

HOWARD M . PACKARD

JOSEPH O . WAYMIRE

W I L L I A M H . DAVIDSON

Chairman of the Finance Committe, S. C. Johnson & Son, Inc., Racine, Wis. 1970

Indianapolis, Ind. 1971 President, Harley-Davidson Motor Company, Milwaukee, Wis. 1972

1 Chairman


February 1970


District 7—FEDERAL RESERVE BANK OF CHICAGO—Continued

Class C.-

FRANKLIN J . LUNDING

WILLIAM H . FRANKLIN -EMERSON G . HIGDON 1


Chairman of the Finance Committee, Jewel Companies, Inc., Melrose Park, 111. 1970

President, Caterpillar Tractor Co., Peoria, 111. 1971 President, The Maytag Company, Newton, Iowa 1972

DETROIT BRANCH

Appointed by Federal Reserve Bank: RAYMOND T. PERRING Chairman of the Board, The Detroit Bank and Trust Company,

B. P . SHERWOOD, JR.

GEORGE JL. W H Y E L

ROLAND A . M E W H O R T

Detroit, Mich. 1970 President, Security First Bank & Trust Company, Grand Haven,

Mich. 1971 President, Genesee Merchants Bank & Trust Company, Flint,

Mich. 1972 Chairman of the Board, Manufacturers National Bank of Detroit,

Mich. 1972


L. W M . SEIDMAN 1 Resident Partner, Seidman & Seidman, Grand Rapids, Mich. 1970 PETER B. CLARK Chairman of the Board, President, The Evening News Asso-

ciation, Detroit, Mich. 1971 W . M. D E F O E Chairman of the Board, Defoe Shipbuilding Company, Bay City,

Mich. 1972

District 8—FEDERAL RESERVE BANK OF ST. LOUIS

Class A:

BRADFORD BRETT JAMES P . HICKOK CECIL W . C U P P , JR.

Class B.-

MARK TOWNSEND

SHERWOOD J . S M I T H EDWARD J . SCHNUCK

President, First National Bank of Mexico, Mo. 1970 Chairman of the Board, First National Bank in St. Louis, Mo. 1971 President, Arkansas Bank & Trust Company, Hot Springs, Ark. 1972

Chairman of the Board, Townsend Lumber Company, Inc., Stuttgart, Ark. 1970

Vice President, D / P Computer Services, Inc., Evansville, Ind. 1971 President, Schnuck Markets, Inc., St. Louis, Mo. 1972

Class C:

S M I T H D . BROADBENT, JR. 2

FREDERIC M . PEIRCE 1

SAM COOPER

Broadbent Hybrid Seed Co., Cadiz, Ky. 1970 Chairman of the Board, Chief Executive Officer, General Ameri-

can Life Insurance Company, St. Louis, Mo. 1971 President, HumKo Products, Memphis, Tenn. 1972



February 1970


DISTRICT B—FEDERAL RESERVE BANK OF ST. LOUIS—Continued LITTLE ROCK BRANCH

Term Expires

Appointed by Federal Reserve Bank: Dec. 31 EDWARD M. PENICK Chief Executive Officer, President, Worthen Bank & Trust Com-

pany, Little Rock, Ark. 1970 Louis E. HURLEY Chairman of the Board, The Exchange Bank & Trust Company,

El Dorado, Ark. 1971 ELLIS E. SHELTON President, The First National Bank of Fayetteville, Ark. 1972 WAYNE A. STONE Chairman of the Board, Chief Executive Officer, Simmons First

National Bank of Pine Bluff, Ark. 1972


FRED I. BROWN, JR. President, Arkansas Foundry Company, Little Rock, Ark. 1970 AL POLLARD1 President, Brooks-Pollard Company, Little Rock, Ark. 1971 JAKE HARTZ, JR. President, Jacob Hartz Seed Co., Inc., Stuttgart, Ark. 1972

LOUISVILLE BRANCH


J . E . M I L L E R

H U G H M . SHWAB

PAUL CHASE JAMES C . ZIMMERMAN

Executive Vice President, Sellersburg State Bank, Sellersburg, Ind.

Vice Chairman of the Board, First National Bank of Louisville, Ky.

President, The Bedford National Bank, Bedford, Ind. Executive Vice President, The Owensboro National Bank,

Owensboro, Ky.

Appointed by Board of Governors: HARRY M . YOUNG, JR. 1 Farmer, Herndon, Ky. RONALD E. REITMEIER President, Catalysts and Chemicals Inc., Louisville, Ky. JOHN G . BEAM President, Thomas Industries Inc., Louisville, Ky.

1970

1971 1972

1972

1970 1971 1972

MEMPHIS BRANCH

Appointed by Federal Reserve Bank: J . J . W H I T E President, Helena National Bank, Helena, Ark. 1970 WADE W . HOLLOWELL President, The First National Bank of Greenville, Miss. 1971 JAMES R. FITZHUGH Executive Vice President, Bank of Ripley, Tenn. 1972 LEWIS K . M C K E E Chairman of the Board, National Bank of Commerce, Memphis,

Tenn. 1972

Appointed by Board of Governors: ALVIN H U F F M A N , JR. 1 President, Huffman Brothers Inc., Blytheville, Ark. 1970 C. WHITNEY BROWN President, S. C. Toof & Company, Memphis, Tenn. 1971 WILLIAM L . G I L E S President, Mississippi State University, State College, Miss. 1972

1 Chairman


February 1970


District 9—FEDERAL RESERVE BANK OF MINNEAPOLIS

Class A:

WARREN F . VAUGHAN G . A . DAHLEN JOHN BOSSHARD


President, Security Trust & Savings Bank, Billings, Mont. 1970 President, 1st National Bank, Ironwood, Mich. 1971 Executive Vice President, The First National Bank, Bangor, Wis. 1972

Class B.-

D A L E V . ANDERSEN JOHN H . BAILEY DAVID M . H E S K E T T

President, Mitchell Packing Company, Inc., Mitchell, S. Dak. 1970 President, The Cretex Companies, Inc., Elk River, Minn. 1971 President, Montana-Dakota Utilities Co., Bismarck, N. Dak. 1972

Class C:

BRYON W . R E E V E ROBERT F . LEACH ]

DAVID M . LILLY 2

President, Lake Shore, Inc., Iron Mountain, Mich. 1970 Attorney, Oppenheimer, Hodgson, Brown, Wolff and Leach, St.

Paul, Minn. 1971 Chairman of the Board, Toro Manufacturing Corporation, Min-

neapolis, Minn. 1972

HELENA BRANCH

Appointed by Federal Reserve Bank: CHARLES H. BROCKSMITH President, First Security Bank of Glasgow, N.A., Glasgow,

Mont. 1970 G L E N N H. LARSON President, First State Bank, Thompson Falls, Mont. 1970 RICHARD D. RUBIE Chairman of the Board, President, Missoula Bank of Montana,

Missoula, Mont. 1971

Appointed by Board of Governors: WARREN B. JONES 1 Secretary-Treasurer, Two Dot Land & Livestock Co., Harlow-

ton, Mont. 1970 WILLIAM A. CORDINGLEY Publisher, Great Falls Tribune, Great Falls, Mont. 1971

District 10—FEDERAL RESERVE BANK OF KANSAS CITY

Class A:

C. M . M I L L E R

JOHN A . O 'LEARY

ROGER D . KNIGHT, JR.

Class B.-A L F R E D E . JORDAN

STANLEY LEARNED

C E C I L O . E M R I C H

President, The Farmers & Merchants State Bank, Colby, Kans. 1970 Chairman of the Board, The Peoples State Bank, Luray, Kans. 1971 Chairman of the Board, Denver U.S. National Bank, Denver,

Colo. 1972

Vice President, Trans World Airlines, Inc., Kansas City, Mo. 1970 Member of Finance Committee, Phillips Petroleum Company,

Bartlesville, Okla. 1971 Manager, Norfolk Livestock Market, Inc., Norfolk, Nebr. 1972



February 1970


District 10—FEDERAL RESERVE BANK OF KANSAS CITY—Continued Term

Expires Class C: Dec. 31

D O L P H S I M O N S 1 Editor, Journal-World, Lawrence, Kans. 1970 ROBERT W . WAGSTAFF President, Kansas City Coca-Cola Bottling Company, Kansas

City, Mo. 1971 WILLARD D. HOSFORD, JR. 2 Vice President, General Manager, John Deere Company, Omaha,

Nebr. 1972

DENVER BRANCH


THEODORE D. BROWN Executive Vice President, The First National Bank of Denver, Colo. 1970

ROBERT L. T R I P P President, Albuquerque National Bank, Albuquerque, N.M. 1970 A R M I N B. BARNEY Chairman of the Board, The Colorado Springs National Bank,

Colorado Springs, Colo. 1971


DAVID R . C . BROWN President, The Aspen Skiing Corporation, Aspen, Colo. 1 9 7 0 CRIS DOBBINS 1 Chairman of the Board, President, Ideal Basic Industries, Inc.,

Denver, Colo. 1971

OKLAHOMA CITY BRANCH

Appointed by Federal Reserve Bank: CHARLEY M . CRAWFORD President, First National Bank, Frederick, Okla. 1 9 7 0 MARVIN MILLARD Chairman of the Board, National Bank of Tulsa, Okla. 1 9 7 0 W . H . MCDONALD Chairman of the Executive Committee, The First National Bank

and Trust Company of Oklahoma City, Okla. 1971

Appointed by Board of Governors: F. W . ZALOUDEK Manager, J . I . Case Implements, Kremlin, Okla. 1 9 7 0 C. W . F L I N T , JR. 1 Chairman of the Board, Flint Steel Corporation, Tulsa, Okla. 1 9 7 1

OMAHA BRANCH

Appointed by Federal Reserve Bank: EDWARD W. LYMAN President, The United States National Bank, Omaha, Nebr. 1 9 7 0 JOHN W. HAY, JR. President, Rock Springs National Bank, Rock Springs, Wyo. 1 9 7 1

S. N. WOLBACH President, First National Bank, Grand Island, Nebr. 1 9 7 1


H E N R Y Y . K L E I N K A U F 1 President, Natkin & Company, Omaha, Nebr. 1 9 7 0 A. JAMES E B E L Vice President, General Manager, Cornhusker Television Cor-

poration, Lincoln, Nebr. 1971



February 1970


District 11—FEDERAL RESERVE BANK OF DALLAS

Class A:

J . V . K E L L Y A . W . RITER, JR. MURRAY KYGER

President, The Peoples National Bank of Belton, Tex. President, The Peoples National Bank of Tyler, Tex. Chairman of the Board, The First National Bank of Fort Worth,

Tex.


1 9 7 0 1 9 7 1

1 9 7 2

Class B.-

CARL D . N E W T O N H U G H F . STEEN C . A . TATUM, JR.

President, Fox-Stanley Photo Products, Inc., San Antonio, Tex. 1970 President, El Paso Natural Gas Company, El Paso, Tex. 1971 President, Chief Executive Officer, Texas Utilities Company,

Dallas, Tex. 1972

Class C.-

CARL J . T H O M S E N 1

CHAS. F . JONES 2

PHILIP G . H O F F M A N

Senior Vice President, Texas Instruments Incorporated, Dallas, Tex. 1 9 7 0

President, Humble Oil & Refining Company, Houston, Tex. 1971 President, University of Houston, Tex. 1972

EL PASO BRANCH

Appointed by Federal Reserve Bank: C U L L E N J . K E L L Y President, The First National Bank of Midland, Tex. 1 9 7 0

J O E B . SISLER President, The Clovis National Bank, Clovis, N.M. 1 9 7 1 ARCHIE B. SCOTT President, The Security State Bank of Pecos, Tex. 1 9 7 2 SAM D . YOUNG, JR. President, El Paso National Bank, El Paso, Tex. 1 9 7 2

Appointed by Board of Governors: GORDON W . FOSTER 1 Vice President, Farah Manufacturing Company, Inc., El Paso,

Tex. 1 9 7 0 JOSEPH M. RAY Benedict Professor of Political Science, The University of Texas

at El Paso, Tex. 1971 ALLAN B . BOWMAN President, General Manager, Banner Mining Company, Tucson,

Ariz. 1972

HOUSTON BRANCH


A. G. M C N E E S E , JR. Chairman of the Board, Chief Executive Officer, Bank of the Southwest National Association, Houston, Tex. 1970

H E N R Y B. CLAY President, First Bank & Trust, Bryan, Tex. 1 9 7 1 W . G. THORNELL President, The First National Bank of Port Arthur, Tex. 1 9 7 2 JOHN E. W H I T M O R E Chairman of the Board, Texas National Bank of Commerce of

Houston, Tex. 1972



February 1970


District 11—FEDERAL RESERVE BANK OF DALLAS—Continued HOUSTON BRANCH—Continued

Term Expires

Appointed by Board of Governors: Dec. 31 M. STEELE WRIGHT, JR. President, General Manager, Texas Farm Products Company,

Nacogdoches, Tex. 1970 R . M . BUCKLEY President, Eastex Incorporated, Silsbee, Tex. 1 9 7 1 G E O T. MORSE, JR. 1 President, General Manager, Peden Iron & Steel Company,

Houston, Tex. 1972

SAN ANTONIO BRANCH


RAY M. KECK, JR. President, Union National Bank of Laredo, Tex. 1 9 7 0 JAMES T. D E N T O N , JR. President, Corpus Christi Bank and Trust, Corpus Christi, Tex. 1 9 7 1 T. C. FROST, JR. President, The Frost National Bank of San Antonio, Tex. 1 9 7 2 W. O. ROBERSON President, First National Bank at Brownsville, Tex. 1 9 7 2


LLOYD M. K N O W L T O N General Manager, Knowlton's Creamery, San Antonio, Tex. 1 9 7 0 FRANCIS B. MAY 1 Professor of Business Statistics, The University of Texas, Austin,

Tex. 1971 W. A. BELCHER Veterinarian, Rancher, Brackettville, Tex. 1972

District 12—FEDERAL RESERVE BANK OF SAN FRANCISCO

Class A:

CHARLES F . FRANKLAND

R A L P H V . ARNOLD

CARROLL F . BYRD

Class B:

MARRON KENDRICK

H E R B E R T D . ARMSTRONG

JOSEPH ROSENBLATT

Class C:

O . MEREDITH WILSON 1

BERNARD T . ROCCA, JR .

S . A L F R E D HALGREN 2

Chairman of the Board, The Pacific National Bank, Seattle, Wash. 1970

Chairman of the Board, Chief Executive Officer, First National Bank and Trust Company, Ontario, Calif. 1971

President, The First National Bank, Willows, Calif. 1972

President, Chief Executive Officer, Schlage Lock Company, San Francisco, Calif. 1970

Treasurer, Standard Oil Company of California, San Francisco, Calif. 1971

Honorary Chairman of the Board, The Eimco Corporation, Salt Lake City, Utah 1972

President, Director, Center for Advanced Study in the Behavioral Sciences, Stanford, Calif. 1970

Chairman of the Board, Pacific Vegetable Oil Corporation, San Francisco, Calif. 1971

Senior Vice President, Carnation Company, Los Angeles, Calif. 1972



February 1970


District 12—FEDERAL RESERVE BANK OF SAN FRANCISCO—Continued LOS ANGELES BRANCH

Term Expires

Appointed by Federal Reserve Bank: Dec. 31 HARRY J. VOLK Chairman of the Board, Chief Executive Officer, Union Bank,

Los Angeles, Calif. 1970 CARL E . SCHROEDER President, The First National Bank of Orange County, Orange,

Calif. 1970 T. H . SHEARIN President, Community National Bank, Bakersfield, Calif. 1970 SHERMAN HAZELTINE Chairman of the Board, First National Bank of Arizona, Phoe-

nix, Ariz. 1971


NORMAN B . HOUSTON Senior Vice President, Treasurer, Golden State Mutual Life In-surance Company, Los Angeles, Calif. 1970

J. LELAND ATWOOD President, Chief Executive Officer, North American Rockwell Corporation, El Segundo, Calif. 1971

LELAND D. PRATT \ President, Kelco Company, San Diego, Calif. 1 9 7 2

PORTLAND BRANCH


E. W. FIRSTENBURG Chairman of the Board, President, First Independent Bank, Vancouver, Wash. 1970

JAMES H. STANARD Vice President, First National Bank, McMinnville, Oreg. 1970 RALPH J . Voss President, First National Bank of Oregon, Portland, Oreg. 1971


ROBERT F. DWYER 1 Dwyer Forest Products Company, Portland, Oreg. 1970 FRANK ANDERSON Farmer, Heppner, Oreg. 1971

SALT LAKE CITY BRANCH


N E W E L L B. DAYTON Chairman of the Board, Tracy-Collins Bank and Trust Company, Salt Lake City, Utah 1970

RODERICK H. BROWNING President, Bank of Utah, Ogden, Utah 1970 WILLIAM E. IRVIN Chairman of the Board, The Idaho First National Bank, Boise,

Idaho 1971


PETER E. MARBLE 1 Rancher, Deeth, Nev. 1970 ROYDEN G. DERRICK President, General Manager, Western Steel Company, Salt Lake

City, Utah 1971

L Chairman


February 1970


District 12—FEDERAL RESERVE BANK OF SAN FRANCISCO—Continued SEATTLE BRANCH

Term Expires

Appointed by Federal Reserve Bank: Dec. 31 A. E. SAUNDERS President, Puget Sound National Bank, Tacoma, Wash. 1970 PHILIP H . STANTON President, Washington Trust Bank, Spokane, Wash. 1970 JOSEPH C. BAILLARGEON Chairman of the Board, Seattle Trust & Savings Bank, Seattle,

Wash. 1971


C. H E N R Y BACON, JR. 1 President, Simpson Timber Company, Seattle, Wash. 1970 FRANCIS G . CRANE Owner-Manager, Crane and Crane Orchards and Cold Storage,

Brewster, Wash. 1971

1 Chairman


February 1970


Following is a list of the directorates of the Federal Reserve Banks and Branches as at present constituted. The list shows, in addition to the name of each director, his principal business affiliation, the class of direc-torship, and the date when his term expires. Each Federal Reserve Bank has nine directors; three Class A and three Class B directors, who are elected by the stockholding member banks, and three Class C directors, who are appointed by the Board of Governors of the Federal Reserve System. Class A directors are repre-sentative of the stockholding member banks. Class B directors must be actively engaged in their district in commerce, agriculture, or some industrial pursuit, and may not be officers, directors, or employees of any bank. For the purpose of electing Class A and Class B directors, the member banks of each Federal Reserve district are classified by the Board of Governors of the Federal Reserve System into three groups, each of which consists of banks of similar capitalization, and each group elects one Class A and one Class B direc-tor. Class C directors may not be officers, directors, employees, or stockholders of any bank. One Class C director is designated by the Board of Governors as Chairman of the Board of Directors and Federal Re-serve Agent and another as Deputy Chairman. Federal Reserve Branches have either five or seven direc-tors, of whom a majority are appointed by the Board of Directors of the parent Federal Reserve Bank and the others are appointed by the Board of Governors of the Federal Reserve System. One of the directors ap-pointed by the Board of Governors at each Branch is designated annually as Chairman of the Board in such manner as the Federal Reserve Bank may prescribe.


Class A:

JOHN S I M M E N

(Vacancy) RALPH A . MCININCH


Chairman of the Board, Chief Executive Officer, Industrial National Bank of Rhode Island, Providence, R.I.

President, Merchants National Bank of Manchester, N.H.

1971 1972 1973

Class B:

W . GORDON ROBERTSON F . RAY KEYSER, JR. G . WILLIAM MILLER

General Trustee, Bangor Punta Corporation, Bangor, Maine 1971 Vice President, Vermont Marble Company, Proctor, Vt. 1972 President, Chief Executive Officer, Textron, Providence, R.I. 1973

Class C:

JAMES S . DUESENBERRY 1

LOUIS W . CABOT 2

JOHN M . FOX

Professor of Economics, Harvard University, Cambridge, Mass. 1971 Chairman of the Board, Cabot Corporation, Boston, Mass. 1972 President, United Fruit Company, Boston, Mass. 1973

L Chairman 2 Deputy Chairman


February 1971



Class A:

C . E . TREMAN, JR.

ARTHUR S. HAMLIN

WILLIAM S. RENCHARD


President, Chief Executive Officer, Tompkins County Trust Com-pany, Ithaca, N.Y. 1971

President, The Canandaigua National Bank and Trust Company, Canandaigua, N.Y. 1972

Chairman, Chemical Bank, New York, N.Y. 1973

Class B:

MILTON C . MUMFORD MAURICE R . FORM AN WILLIAM D . EBERLE

Chairman of the Board, Lever Brothers Company, New York, N.Y. 1971 Chairman of the Board, B. Forman Co., Rochester, N.Y. 1972 President, Chief Executive Officer, American-Standard Inc., New

York, N.Y. 1973

Class C: ROSWELL L . GILPATRIC 2

ALBERT L . NICKERSON 1

WHITNEY M . YOUNG, JR.

Partner, Cravath, Swaine & Moore, New York, N.Y. 1971 New York, N.Y. 1972 Executive Director, National Urban League, New York, N.Y. 1973

BUFFALO BRANCH


JAMES I . WYCKOFF DAVID J . LAUB

WILLIAM B . ANDERSON ANGELO A . COSTANZA

Chairman of the Board, The National Bank of Geneva, N.Y. 1971 Chairman of the Board, Marine Midland Bank-Western, Buffalo,

N.Y. 1972 President, The First National Bank of Jamestown, N.Y. 1973 President, Chief Executive Officer, Central Trust Company Roch-

ester, N.Y. 1973

Appointed by Board of Governors.

NORMAN F . BEACH 1

MORTON ADAMS RUPERT WARREN

Vice President, Eastman Kodak Company, Rochester, N.Y. 1971 General Manager, Pro-Fac Cooperative Inc., Rochester, N.Y. 1972 President, Trico Products Corporation, Buffalo, N.Y. 1973


Class A:

HAROLD F. STILL, JR. President, Central Penn National Bank, Philadelphia, Pa. 1971 WILLIAM R . COSBY Chairman of the Board, Princeton Bank and Trust Company,

Princeton, N.J. 1972 RICHARD A. HERBSTER President, Lewistown Trust Company, Lewistown, Pa. 1973



February 1971



Term Expires

Class B: Dec. 31

(Vacancy) 1971 EDWARD J . DWYER President, ESB Incorporated, Philadelphia, Pa. 1 9 7 2 PHILIP H . GLATFELTER, III Chairman of the Board, President, P . H . Glatfelter Co., Spring

Grove, Pa. 1973

Class C:

D. ROBERT YARNALL, JR. 2 President, Yarway Corporation, Blue Bell, Pa. 1971 BAYARD L. ENGLAND 1 Chairman of the Board, Atlantic City Electric Company, Atlantic

City, N.J. 1972 JOHN R . COLEMAN President, Haverford College, Haverford, Pa. 1 9 7 3


Class A :

GEORGE F . KARCH Chairman of the Board, Chief Executive Officer, The Cleveland Trust Company, Cleveland, Ohio 1971

DAVID L. BRUMBACK, JR. President, Van Wert National Bank, Van Wert, Ohio 1 9 7 2 EDWARD W. BARKER President, First National Bank of Middletown, Ohio 1 9 7 3

Class B:

J . WILLIAM HENDERSON, JR. Henderson & Associates, Columbus, Ohio 1 9 7 1 R. STANLEY LAING President, The National Cash Register Company, Dayton, Ohio 1 9 7 2 JOHN L . GUSHMAN President, Chief Executive Officer, Anchor Hocking Corporation,

Lancaster, Ohio 1973

Class C.-HORACE A. SHEPARD Chairman of the Board, Chief Executive Officer, TRW Inc., Cleve-

land, Ohio 1971 ALBERT G. CLAY 1 President, Clay Tobacco Company, Mt. Sterling, Ky. 1 9 7 2

J . WARD K E E N E R 2 Chairman of the Board, Chief Executive Officer, The B. F. Good-rich Company, Akron, Ohio 1973

CINCINNATI BRANCH


ROBERT B. JOHNSON President, Pikeville National Bank & Trust Company, Pikeville, Ky. 1971

PAUL W . CHRISTENSEN, JR. President, The Cincinnati Gear Company, Cincinnati, Ohio 1972 ROBERT E. HALL President, The First National Bank and Trust Company, Troy,

Ohio 1972 WILLIAM S. R O W E President, The Fifth Third Bank, Cincinnati, Ohio 1973



February 1971


District 4—FEDERAL RESERVE BANK OF CLEVELAND—Continued

CINCINNATI BRANCH—Continued Term

Expires Appointed by Board of Governors: Dec. 31

GRAHAM E . MARX 1 President, General Manager, The G . A . Gray Company, Cincin-nati, Ohio 1971

PHILLIP R . SHRIVER President, Miami University, Oxford, Ohio 1 9 7 2

CLAIR F . VOUGH Vice President, IBM Corporation, Lexington, Ky. 1 9 7 3

PITTSBURGH BRANCH

Appointed by Federal Reserve Bank: CHARLES H . BRACKEN President, Chief Executive Officer, Marine National Bank, Erie,

Pa. Chairman, Chief Executive Officer, PPG Industries, Pittsburgh,

Pa. President, The Merchants and Manufacturers National Bank of

Sharon, Pa. President, Chief Executive Officer, Pittsburgh National Bank,

Pittsburgh, Pa.

ROBINSON F . BARKER

J . W . BINGHAM

MERLE E. 'GILLIAND

Appointed by Board of Governors : RICHARD M. CYERT Dean, Graduate School of Industrial Administration, Carnegie-

Mellon University, Pittsburgh, Pa. LAWRENCE E. WALKLEY 1 President, Chief Executive Officer, Westinghouse Air Brake Com-

pany, Pittsburgh, Pa. ROBERT E. KIRBY President, Industry and Defense Products, Westinghouse Electric

Corporation, Pittsburgh, Pa.

1 9 7 1

1 9 7 2

1 9 7 2

1 9 7 3

1 9 7 1

1 9 7 2

1 9 7 3


Class A : DOUGLAS D . MONROE, JR. President, Chesapeake National Bank, Kilmarnock, Va. HUGH A . CURRY THOMAS P . MCLACHLEN

Class B : CHARLES D . LYON ROBERT S. SMALL H . DAIL HOLDERNESS

Class C.-WILSON H . ELKINS 1

ROBERT W . LAWSON, JR.

STUART SHUMATE

President, The Kanawha Valley Bank, Charleston, W. Va. President, McLachlen National Bank, Washington, D.C.

1 9 7 1 1 9 7 2 1 9 7 3

1 Chairman

Hagerstown, Md. 1971 President, Dan River Mills Incorporated, Greenville, S.C. 1972 President, Carolina Telephone and Telegraph Company, Tarboro,

N.C. 1 9 7 3

President, University of Maryland, College Park, Md. 1971 Managing Partner of Charleston Office, Steptoe & Johnson, Charles-

ton, W . Va. 1 9 7 2 President, Richmond, Fredericksburg and Potomac Railroad Com-

pany, Richmond, Va. 1973

2 Deputy Chairman


February 1971


District 5—FEDERAL RESERVE BANK OF RICHMOND—Continued

BALTIMORE BRANCH Term

Expires A ppointed by Federal Reserve Bank: Dec. 31

TILTON H . DOBBIN President, Chairman of the Executive Committee, Maryland Na-tional Bank, Baltimore, Md. 1971

J . R . CHAFFINCH, JR. Executive Vice President, The Denton National Bank, Denton, Md. 1972

JAMES J . ROBINSON Executive Vice President, Bank of Ripley, W. Va. 1973 J . STEVENSON PECK President, Union Trust Company of Maryland, Baltimore, Md. 1973


JAMES M. JARVIS Chairman of the Board, Jarvis, Downing & Emch, Inc., Clarksburg, W. Va. 1971

ARNOLD J . K L E F F , JR.1 Manager, Baltimore Refinery, American Smelting and Refining Company, Baltimore, Md. 1972

JOHN H . FETTING, JR. President, A. H . Fetting Company, Baltimore, Md. 1973

CHARLOTTE BRANCH

Appointed by Federal Reserve Bank :

L. D. COLTRANE, III President, The Concord National Bank, Concord, N.C. 1971 J . WILLIS CANTEY President, The Citizens and Southern National Bank of South

Carolina, Columbia, S.C. 1972 C. C . CAMERON Chairman of the Board, President, First Union National Bank of

North Carolina, Charlotte, N.C. 1973 H . PHELPS BROOKS, JR. President, The Peoples National Bank, Chester, S.C. 1973

Appointed by Board of Governors :

JOHN L. FRALEY 1 President, Carolina Freight Carriers Corporation, Cherryville, N.C. 1971

E. CRAIG WALL, SR. Chairman of the Board, Canal Industries, Inc., Conway, S . C . 1972 CHARLES W. D E B E L L General Manager, North Carolina Works, Western Electric Com-

pany, Inc., Winston-Salem, N.C. 1973


Class A :

JOHN W . GAY President, The First National Bank of Scottsboro, Ala. 1971 WILLIAM B. M I L L S President, The Florida National Bank, Jacksonville, Fla. 1972 A. L. ELLIS Chairman of the Board, First National Bank, Tarpon Springs, Fla. 1973

1 Chairman


February 1971



Class B.-

Owen COOPER

PHILIP J . L E E HOSKINS A . SHADOW


President, Mississippi Chemical Corporation and Coastal Chemical Corporation, Yazoo City, Miss. 1971

Vice President, Tropicana Products, Inc., Tampa, Fla. 1972 President, Tennessee Valley Nursery, Inc., Winchester, Tenn. 1973

Class C :

EDWIN I . H A T C H 1

F . EVANS FARWELL JOHN C . WILSON 2

President, Georgia Power Company, Atlanta, Ga. President, Milliken and Farwell, Inc., New Orleans, La. President, Horne-Wilson, Inc., Atlanta, Ga.

1971 1972 1973

BIRMINGHAM BRANCH


K. M. VARNER, JR. President, The First National Bank of Auburn, Ala. 1971 HARVEY TERRELL Chairman of the Board, The First National Bank of Birmingham,

Ala. 1972 WALLACE D. MALONE, JR. President, Chairman of the Board, The First National Bank of

Dothan, Ala. 1973 C. LOGAN TAYLOR Chairman of the Board, The First State Bank of Oxford, Ala. 1973


W . CECIL BAUER 1 President, South Central Bell Telephone Company, Birmingham, Ala. 1 9 7 1

E. STANLEY ROBBINS President, National Floor Products Company, Inc., Florence, Ala. 1 9 7 2 DAVID MATHEWS President, University of Alabama, University, Ala. 1 9 7 3

JACKSONVILLE BRANCH

Appointed by Federal Reserve Bank: EDWARD W . LANE, JR. JAMES G . RICHARDSON

MALCOLM C . BROWN

A . CLEWIS HOWELL

President, The Atlantic National Bank, Jacksonville, Fla. 1971 Chairman of the Board, President, The Commercial Bank and Trust

Company of Ocala, Fla. 1972 President, Chairman, Florida First National Bank at Brent, Pensa-

cola, Fla. 1973 President, Marine Bank & Trust Company, Tampa, Fla. 1973


CASTLE W . JORDAN 1

HENRY K . STANFORD HENRY CRAGG

President, AO Industries, Inc., Coral Gables, Fla. 1971 President, University of Miami, Coral Gables, Fla. 1972 Vice President, The Coca-Cola Company Foods Division, Orlando,

Fla. 1973 1 Chairman 2 Deputy Chairman


February 1971



NASHVILLE BRANCH Term

Expires Appointed by Federal Reserve Bank: Dec. 31

HUGH M. WILLSON President, Citizens National Bank, Athens, Tenn. 1971 EDWARD C. H U F F M A N Chairman of the Board, President, First National Bank, Shelby-

ville, Tenn. 1972 DAN B. ANDREWS President, First National Bank, Dickson, Tenn. 1 9 7 3 KENNETH L . ROBERTS Executive Vice President, Commerce Union Bank, Nashville,

Tenn. 1973


EDWARD J . BOLING 1 President, The University of Tennessee, Knoxville, Tenn. 1 9 7 1 ROY J . FISHER Manager, Tennessee Operations, Aluminum Company of America,

Alcoa, Tenn. 1972 JAMES W . LONG President, Robertson County Farm Bureau, Springfield, Tenn. 1 9 7 3

NEW ORLEANS BRANCH


E. W. HAINING President, The First National Bank of Vicksburg, Miss. 1971 H . P. HEIDELBERG, JR. President, Pascagoula-Moss Point Bank, Pascagoula, Miss. 1972 T O M A. FLANAGAN, JR. President, Lakeside National Bank of Lake Charles, La. 1973 LAWRENCE A. MERRIGAN President, The Bank of New Orleans and Trust Co., New Orleans,

La. 1973


FRANK G . SMITH Vice President, Mississippi Power & Light Company, Jackson, Miss. 1971

D. BEN K L E I N P E T E R 1 Wholesale Manager, Kleinpeter Farms Dairy, Inc., Baton Rouge, La. 1972

BROADUS N. BUTLER President, Dillard University, New Orleans, La. 1973


Class A:

FLOYD F . WHITMORE President, The Okey-Vernon National Bank, Corning, Iowa 1971 EDWARD B. SMITH Chairman of the Board, The Northern Trust Company, Chicago,

111. 1972 MELVIN C. LOCKARD President, First National Bank, Mattoon, 111. 1973

Class B:

JOSEPH O. WAYMIRE Indianapolis, Ind. 1971 WILLIAM H. DAVIDSON President, Harley-Davidson Motor Co., Inc., Milwaukee, Wis. 1972 HOWARD M. PACKARD Vice Chairman, S. C. Johnson & Son, Inc., Racine, Wis. 1973

1 Chairman


February 1971



Class C:

WILLIAM H . FRANKLIN2

EMERSON G . HIGDON 1

JOHN W . BAIRD

President, Caterpillar Tractor Co., Peoria, 111. President, The Maytag Company, Newton, Iowa President, Baird & Warner, Inc., Chicago, 111.


1971 1 9 7 2 1 9 7 3

DETROIT BRANCH

Appointed by Federal Reserve Bank: B. P. SHERWOOD, JR. President, Security First Bank & Trust Company, Grand Haven,

Mich. 1971 GEORGE L. WHYEL President, Genesee Merchants Bank & Trust Company, Flint,

Mich. 1972 ROLAND A . MEWHORT Chairman, Manufacturers National Bank of Detroit, Mich. 1 9 7 2 ELLIS B. MERRY Chairman of the Board, National Bank of Detroit, Mich. 1 9 7 3


PETER B. CLARK 1 Chairman of the Board, President, The Evening News Association, Detroit, Mich. 1971

W . M. DEFOE Chairman of the Board, Defoe Shipbuilding Company, Bay City, M[ich. 1972

L. W M . SEIDMAN Resident Partner, Seidman & Seidman, Grand Rapids, Mich. 1973


Class A : JAMES P . HICKOK

CECIL W . C U P P , JR. BRADFORD BRETT

Chairman of the Executive Committee, First National Bank in St. Louis, Mo. 1971

President, Arkansas Bank & Trust Company, Hot Springs, Ark. 1972 President, The First National Bank of Mexico, Mo. 1973

Class B:

SHERWOOD J . SMITH

EDWARD J . SCHNUCK FRED I. BROWN, JR.

Chairman of the Board, President, D /P Computer Services, Inc., Evansville, Ind. 1971

Chairman of the Board, Schnuck Markets, Inc., St. Louis, Mo. 1972 President, Arkansas Foundry Company, Little Rock, Ark. 1973

Class C:

FREDERIC M . PEIRCE 1

SAM COOPER 2

HARRY M . YOUNG, JR.

Chairman of the Board, Chief Executive Officer, General Ameri-can Life Insurance Company, St. Louis, Mo. 1971

President, HumKo Products, Memphis, Tenn. 1972 Melrose Farms, Herndon, Ky. 1973



February 1971


District 8—FEDERAL RESERVE BANK OF ST. LOUIS—Continued

LITTLE ROCK BRANCH Term

Expires Appointed by Federal Reserve Bank: Dec. 31

Louis E. HURLEY Chairman of the Board, Chief Executive Officer, The Exchange Bank & Trust Company, El Dorado, Ark. 1971

ELLIS E . SHELTON President, The First National Bank of Fayetteville, Ark. 1972 WAYNE A. STONE Chairman of the Board, Chief Executive Officer, Simmons First

National Bank of Pine Bluff, Ark. 1972 EDWARD M. PENICK President, Chief Executive Officer, Worthen Bank & Trust Com-

pany, Little Rock, Ark. 1973


AL POLLARD1 President, A1 Pollard & Associates, Little Rock, Ark. 1971 JAKE HARTZ, JR. President, Jacob Hartz Seed Co., Inc., Stuttgart, Ark. 1972 ROLAND R . R E M M E L Chairman of the Board, Southland Building Products Co., Little

Rock, Ark. 1973

LOUISVILLE BRANCH

A ppointed by Federal Reserve Bank:

HUGH M. SHWAB Chairman of the Board, First National Bank of Louisville, Ky. 1 9 7 1 PAUL CHASE President, The Bedford National Bank, Bedford, Ind. 1 9 7 2 HERBERT J . SMITH President, The American National Bank and Trust Company of

Bowling Green, Ky. 1972 HAROLD E. JACKSON President, The Scott County State Bank, Scottsburg, Ind. 1 9 7 3


RONALD E. R E I T M E I E R 1 President, Catalysts and Chemicals Inc., Louisville, Ky. 1971 JOHN G. BEAM President, Thomas Industries, Inc., Louisville, Ky. 1 9 7 2 WILLIAM H. STROUBE Assistant Dean, College of Science and Technology, Western Ken-

tucky University, Bowling Green, Ky. 1973

MEMPHIS BRANCH

Appointed by Federal Reserve Bank: WADE W . HOLLOWELL President, The First National Bank of Greenville, Miss. 1 9 7 1 JAMES R. FITZHUGH Executive Vice President, Bank of Ripley, Tenn. 1 9 7 2 WAYNE W . PYEATT President, National Bank of Commerce, Memphis, Tenn. 1 9 7 2

J . J . W H I T E President, Helena National Bank, Helena, Ark. 1 9 7 3


C. WHITNEY B R O W N 1 President, S. C. Toof & Company, Memphis, Tenn. 1 9 7 1 WILLIAM L . GILES President, Mississippi State University, State College, Miss. 1 9 7 2 ALVIN H U F F M A N , JR. President, Huffman Brothers Incorporated, Blytheville, Ark. 1 9 7 3

1 Chairman


February 1971



Class A :

G . A . DAHLEN JOHN BOSSHARD PHILIP H . NASON

President, First National Bank of Ironwood, Mich. Executive Vice President, First National Bank of Bangor, Wis. President, The First National Bank of Saint Paul, Minn.


1 9 7 1 1 9 7 2 1 9 7 3

Class B: JOHN H . BAILEY DAVID M . HESKETT DALE V . ANDERSEN

President, The Cretex Companies, Inc., Elk River, Minn. 1971 President, Montana-Dakota Utilities Company, Bismark, N.Dak. 1972 President, Mitchell Packing Company, Inc., Mitchell, S.Dak. 1973

Class C: BRUCE B. DAYTON 2

DAVID M . LILLY 1

Russ B . HART

Chairman, Dayton Hudson Corporation, Minneapolis, Minn. 1971 Chairman of the Board, Toro Manufacturing Corporation, Minne-

apolis, Minn. 1972 President, Hart-Albin Company, Billings, Mont. 1973

HELENA BRANCH

Appointed by Federal Reserve Bank: RICHARD D. RUBIE President, Missoula Bank of Montana, Missoula, Mont. 1 9 7 1 E . L O W R Y K U N K E L President, First National Bank, Butte, Mont. 1 9 7 2 ROBERT I . PENNER President, Citizens First National Bank, Wolf Point, Mont. 1 9 7 2

Appointed by Board of Governors : WILLIAM A. CORDINGLEY1 Publisher, Great Falls Tribune, Great Falls, Mont. 1971 WARREN B. JONES Secretary-Treasurer, Two Dot Land and Livestock Company, Har-

lowton, Mont. 1972


Class A. JOHN A . O'LEARY ROGER D . KNIGHT, JR.

C . MOSE MILLER

Chairman of the Board, The Peoples State Bank, Luray, Kans. 1971 Chairman of the Board, United Banks of Colorado, Inc., Denver,

Colo. 1972 Chairman of the Board, President, The Farmers and Merchants

State Bank, Colby, Kans. 1973

Class B.-

STANLEY LEARNED CECIL O . EMRICH ALFRED E . JORDAN

Phillips Petroleum Company, Bartlesville, Okla. 1971 Manager, Norfolk Livestock Market, Inc., Norfolk, Nebr. 1972 Vice President, Trans World Airlines, Inc., Kansas City, Mo. 1973



February 1971


District 10—FEDERAL RESERVE BANK OF KANSAS CITY—Continued

Class C:

ROBERT W . WAGSTAFF 1


Chairman, President, Kansas City Coca-Cola Bottling Company, Kansas City, Mo. 1971

WILLARD D E E R E HOSFORD, Vice President, General Manager, John Deere Company, Omaha, Nebr. 1972

President, Chairman of the Board, Public Service Company of Colorado, Denver, Colo. 1973

JR. 2

ROBERT T . PERSON

DENVER BRANCH


A R M I N B . BARNEY Chairman of the Board, The Colorado Springs National Bank, Colorado Springs, Colo. 1971

ROBERT L. T R I P P President, Albuquerque National Bank, Albuquerque, N.M. 1972 DALE R . HINMAN President, The Greeley National Bank, Greeley, Colo. 1972


CRIS DOBBINS1 Chairman of the Board, Chief Executive, Ideal Basic Industries, Inc., Denver, Colo. 1971

DAVID R . C. BROWN President, The Aspen Skiing Corporation, Aspen, Colo. 1972



W. H . MCDONALD Chairman of the Executive Committee, The First National Bank and Trust Company of Oklahoma City, Okla. 1971

MARVIN MILLARD Chairman of the Board, National Bank of Tulsa, Okla. 1 9 7 2 HUGH C. JONES Executive Vice President, The Bank of Woodward, Okla. 1 9 7 2

Appointed by Board of Governors: C. W . FLINT, JR.1 Chairman of the Board, Flint Steel Corporation, Tulsa, Okla. 1 9 7 1 FLORIN W . ZALOUDEK Manager, J . I. Case Implements, Kremlin, Okla. 1 9 7 2

OMAHA BRANCH

Appointed by Federal Reserve Bank: JOHN W. HAY, JR. President, Rock Springs National Bank, Rock Springs, Wyo. 1971 S. N. WOLBACH President, The First National Bank of Grand Island, Nebr. 1971 EDWARD W. LYMAN President, The United States National Bank of Omaha, Nebr. 1972


A. JAMES EBEL Vice President, General Manager, Cornhusker Television Cor-poration, Lincoln, Nebr. 1971

HENRY Y. KLEINKAUF 1 President, Natkin & Company, Omaha, Nebr. 1972



February 1971


District 11—FEDERAL RESERVE BANK OF DALLAS

Class A : A . W . RITER, JR. MURRAY KYGER

J . V . KELLY


President, The Peoples National Bank of Tyler, Tex. 1971 Chairman of the Board, The First National Bank of Fort Worth,

Tex. 1972 President, The Peoples National Bank of Belton, Tex. 1973

Class B : HUGH F . STEEN C . A . TATUM, JR.

CARL D . N E W T O N

President, El Paso Natural Gas Company, El Paso, Tex. 1971 President, Chief Executive Officer, Texas Utilities Company,

Dallas, Tex. 1972 Chairman of the Board, Fox-Stanley Photo Products, Inc., San

Antonio, Tex. 1973

Class C : CHAS. F . JONES 1

PHILIP G . HOFFMAN 2

JOHN LAWRENCE

Vice Chairman of the Board, Humble Oil & Refining Company, Houston, Tex. 1971

President, University of Houston, Tex. 1972 Chairman of the Board, Dresser Industries, Inc., Dallas, Tex. 1973

EL PASO BRANCH

Appointed by Federal Reserve Bank : JOE B. SISLER President, The Clovis National Bank, Clovis, N.M. ARCHIE B. SCOTT President, The Security State Bank of Pecos, Tex. SAM D . YOUNG, JR. President, El Paso National Bank, El Paso, Tex. CULLEN J . KELLY President, The First National Bank of Midland, Tex.

1971 1972 1972 1973

Appointed by Board of Governors: JOSEPH M. R A Y 1 Benedict Professor of Political Science, The University of Texas

at El Paso, Tex. 1971 ALLAN B . BOWMAN President, General Manager, Banner Mining Company, Tucson,

Ariz. 1972 HERBERT M. SCHWARTZ President, Popular Dry Goods Co., Inc., El Paso, Tex. 1973

HOUSTON BRANCH


HENRY B . CLAY W . G . THORNELL JOHN E . WHITMORE

KLINE M C G E E

President, First Bank & Trust, Bryan, Tex. 1971 President, The First National Bank of Port Arthur, Tex. 1972 Chairman of the Board, Texas Commerce Bank National Associa-

tion, Houston, Tex. 1972 Chairman of the Board, Chief Executive Officer, Southern National

Bank of Houston, Tex. 1973



February 1971


District 11—FEDERAL RESERVE BANK OF DALLAS—Continued

HOUSTON BRANCH—Continued Term

Expires Appointed by Board of Governors: Dec. 31

R . M . BUCKLEY President, Eastex Incorporated, Silsbee, Tex. 1 9 7 1 GEO. T. MORSE, JR.1 Vice Chairman of the Board, Chief Operating Officer, Peden In-

dustries, Inc., Houston, Tex. 1972 M . STEELE WRIGHT, JR. Chairman of the Board, Texas Farm Products Company, Nacog-

doches, Tex. 1973

SAN ANTONIO BRANCH


JAMES T . DENTON, JR. Chairman of the Board, Chief Executive Officer, Corpus Christi Bank and Trust, Corpus Christi, Tex. 1971

T O M C. FROST, JR. President, The Frost National Bank of San Antonio, Tex. 1 9 7 2 W. O. ROBERSON President, First National Bank at Brownsville, Tex. 1 9 7 2 RAY M . KECK, JR. President, Union National Bank of Laredo, Tex. 1 9 7 3

Appointed by Board of Governors: FRANCIS B. MAY Professor of Business Statistics, The University of Texas, Austin,

Tex. 1 9 7 1 W. A. BELCHER1 Veterinarian, Rancher, Brackettville, Tex. 1972 IRVING A. MATHEWS President, Frost Bros., Inc., San Antonio, Tex. 1 9 7 3


Class A:

RALPH V . ARNOLD

CARROLL F . BYRD RALPH J . VOSS

Class B:

HERBERT D . ARMSTRONG

JOSEPH ROSENBLATT

MARRON KENDRICK

Class C.-

BERNARD T . ROCCA, JR.

S . ALFRED HALGREN 2

O . MEREDITH WILSON 1

L Chairman

Chairman of the Board, Chief Executive Officer, First National Bank and Trust Company, Ontario, Calif. 1971

President, The First National Bank of Willows, Calif. 1972 President, First National Bank of Oregon, Portland, Oreg. 1973

Treasurer, Standard Oil Company of California, San Francisco, Calif. 1971

Honorary Chairman of the Board, The Eimco Corporation, Salt Lake City, Utah 1972

President, Chairman of the Board, Schlage Lock Company, San Francisco, Calif. 1973

Chairman of the Board, Pacific Vegetable Oil Corporation, San Francisco, Calif. 1971

Senior Vice President, Carnation Company, Los Angeles, Calif. 1972 President, Director, Center for Advanced Study in the Behavioral

Sciences, Stanford, Calif. 1973 2 Deputy Chairman


February 1971

District 12—FEDERAL RESERVE BANK OF SAN FRANCISCO—Continued

LOS ANGELES BRANCH Term Expires

Appointed by Federal Reserve Bank: Dec. 31 SHERMAN HAZELTINE Chairman of the Board, Chief Executive Officer, First National

Bank of Arizona, Phoenix, Ariz. 1971 CARL E. SCHROEDER President, The First National Bank of Orange County, Orange,

Calif. 1972 L. E. SOUTHWICK President, Valley National Bank, Glendale, Calif. 1 9 7 3 CARL E. HARTNACK President, Security Pacific National Bank, Los Angeles, Calif. 1 9 7 3

Appointed by Board of Governors: J . LELAND ATWOOD 1 Senior Consultant, North American Rockwell Corporation, Los

Angeles, Calif. 1971 LELAND D. PRATT President, Kelco Company, San Diego, Calif. 1972 NORMAN B . HOUSTON Golden State Mutual Life Insurance Company, Los Angeles,

Calif. 1973

PORTLAND BRANCH Appointed by Federal Reserve Bank:

LEROY B. STAVER President, United States National Bank of Oregon, Portland, Oreg. 1 9 7 1 JAMES H . STANARD Vice President, First National Bank of McMinnville, Oreg. 1 9 7 2 FRANK L . SERVOSS President, Crater National Bank of Medford, Oreg. 1 9 7 2

Appointed by Board of Governors: FRANK ANDERSON 1 Farmer, Heppner, Oreg. 1 9 7 1 JOHN R . HOWARD President, Lewis and Clark College, Portland, Oreg. 1 9 7 2

SALT LAKE CITY BRANCH Appointed by Federal Reserve Bank:

WILLIAM E. IRVIN Chairman of the Board, The Idaho First National Bank, Boise, Idaho 1971

RODERICK H . BROWNING President, Bank of Utah, Ogden, Utah 1972 ROY W. SIMMONS President, Zions First National Bank, Salt Lake City, Utah 1972

Appointed by Board of Governors : ROYDEN G. DERRICK 1 President, General Manager, Western Steel Company, Salt Lake

City, Utah 1971 JOHN H . BRECKENRIDGE President, L. L. Breckenridge Company, Twin Falls, Idaho 1 9 7 2

SEATTLE BRANCH Appointed by Federal Reserve Bank:

JOSEPH C. BAILLARGEON Chairman, Seattle Trust & Savings Bank, Seattle, Wash. 1 9 7 1 A . E . SAUNDERS President, Puget Sound National Bank, Tacoma, Wash. 1 9 7 2 PHILIP H . STANTON President, Washington Trust Bank, Spokane, Wash. 1 9 7 2

Appointed by Board of Governors : FRANCIS G. C R A N E 1 Manager, Crane and Crane Orchards and Cold Storage, Brewster,

Wash. 1971 C. HENRY BACON, JR. Vice Chairman of the Board, Simpson Timber Company, Seattle,

Wash. 1972 L Chairman


February 1971


Following is a list of the directorates of the Federal Reserve Banks and Branches as at present constituted. The list shows, in addition to the name of each director, his principal business affiliation, the class of direc-torship, and the date when his term expires. Each Federal Reserve Bank has nine directors; three Class A and three Class B directors, who are elected by the stockholding member banks, and three Class C directors, who are appointed by the Board of Governors of the Federal Reserve System. Class A directors are repre-sentative of the stockholding member banks. Class B directors must be actively engaged in their district in commerce , agriculture, or some industrial pursuit, and may not be officers, directors, or employees of any bank. For the purpose of electing Class A and Class B directors, the member banks of each Federal Reserve district are classified by the Board of Governors of the Federal Reserve System into three groups, each of which consists of banks of similar capitalization, and each group elects one Class A and one Class B direc-tor. Class C directors may not be officers, directors, employees , or stockholders of any bank. One Class C director is designated by the Board of Governors as Chairman of the Board of Directors and Federal Re-serve Agent and another as Deputy Chairman. Federal Reserve Branches have either five or seven direc-tors, of whom a majori ty are appointed by the Board of Directors of the parent Federal Reserve Bank and the others are appointed by the Board of Governors of the Federal Reserve System. One of the directors ap-pointed by the Board of Governors at each Branch is designated annually as Chairman of the Board in such manner as the Federal Reserve Bank may prescribe.


Class A:

WILLIAM M . HONEY

RALPH A . M C I N I N C H MARK C . W H E E L E R

Class B:

F . RAY KEYSER, JR. G . WILLIAM MILLER W . GORDON ROBERTSON

Term Expires

Dec. 31

President, The Mar tha ' s Vineyard National Bank, Vineyard Haven, Mass . 1972

President, Merchants National Bank of Manchester , N. H. 1973 Chairman of the Board, President, New England Merchants National Bank of Boston, Mass . 1974

Vice President, Vermont Marble Company , Proctor, Vt. 1972 President, Textron, Providence, R. I. 1973 General Trustee, Bangor Punta Corporat ion, Bangor , Maine 1974

Class C:

L o u i s W . CABOT2

JOHN M . FOX

JAMES S . DUESENBERRY 1


Chairman of the Board, Cabot Corporat ion, Boston, Mass . 1972 President, Chief Executive Officer, H .P . Hood & Sons, Charles-

town, Mass . 1973 Professor of Economics , Harvard University, Cambridge,

Mass . 1974


February 1972


Class A :

ARTHUR S . HAMLIN

WILLIAM S . RENCHARD NORMAN BRASSLER

Class B.-

MAURICE R . FORM AN

(Vacancy) FRANK R . MILLIKEN

Class C:

ELLISON L . HAZARD 2

A L A N J . PIFER ROSWELL L . GILPATRIC 1

BUFFALO BRANCH


President, The Canandaigua National Bank and Trust Company , Canandaigua, N. Y. 1972

Chairman of the Board, Chemical Bank, New York, N. Y. 1973 Chairman of the Board, Chief Executive Officer, New Jersey

Bank, N . A . , Passaic, N. J. 1974

Chairman of the Board, B. Forman Co . , Rochester , N. Y. 1972 1973

President, Kennecott Copper Corporat ion, New York, N. Y. 1974

Chairman of the Executive Commit tee , Continental Can Com-pany, Inc . , New York, N. Y. 1972

President, Carnegie Corporation of New York, N . Y . 1973 Partner, Cravath, Swaine & Moore , New York, N . Y . 1974


DAVID J . LAUB Chairman of the Board, Marine Midland Bank-Western , Buffa lo , N. Y. 1972

President, The First National Bank of Jamestown, N .Y . 1973 President, Chief Executive Officer, Central Trust Company

Rochester , N . Y . , Rochester , N . Y . 1973 THEODORE M . MCCLURE President, The Citizens National Bank and Trust Company ,

WILLIAM B . ANDERSON ANGELO A . COSTANZA

Wellsville, N . Y .


1974

MORTON ADAMS 1

RUPERT WARREN NORMAN F . BEACH

General Manager , Pro-Fac Cooperative Inc . , Rochester , N . Y . President, Trico Products Corporat ion, Buffalo , N . Y . Vice President, General Manager , Kodak Park Division, East-

man Kodak Company, Rochester , N . Y .


Class A:

WILLIAM R . COSBY

RICHARD A . HERBSTER JAMES H . DAWSON


1972 1973

1974

Chairman of the Board, Princeton Bank and Trust Company , Princeton, N . J .

President, Lewistown Trust Company , Lewis town, Pa. Chairman of the Board, President, Bank of Delaware , Wil-

mington, Del.

1972 1973

1974


February 1972



Class B:

EDWARD J . DWYER

Term Expires

Dec. 31

Chairman, Chief Executive Officer, ESB Incorporated, Phila-delphia, Pa. 1972

PHILIP H. GLATFELTER, III Chairman of the Board, President, P. H. Glatfelter Co . , Spring Grove, Pa. 1973

C. GRAHAM BERWIND, JR. President, Chief Executive Officer, Berwind Corporat ion, Phila-delphia, Pa. 1974

Class C:

BAYARD L . E N G L A N D 1 V e n t n o r , N . J . 1 9 7 2 JOHN R. COLEMAN2 President, Haverford College, Haverford , Pa. 1973 EDWARD W . ROBINSON, JR. President, Chief Executive Officer, Provident Home Industrial

Mutual Life Insurance Company , Philadelphia, Pa. 1974


Class A:

DAVID L. BRUMBACK, JR. President, Van Wert National Bank, Van Wert , Ohio 1972 EDWARD W . BARKER President, First National Bank of Middle town, Ohio 1973

Vice Chairman of the Board, Mellon National Bank and Trust Company , Pittsburgh, Pa. 1974

A . BRUCE BOWDEN

Class B:

R. STANLEY LAING JOHN L . GUSHMAN

DONALD E . NOBLE

President, The National Cash Register Company , Dayton, Ohio 1972 Chairman of the Board, Chief Executive Officer, Anchor Hock-

ing Corporation, Lancaster , Ohio 1973 President, Chief Executive Officer, Rubbermaid , Incorporated,

Wooster , Ohio 1974

Class C.-

ALBERT G . C L A Y 1

J . W A R D K E E N E R 2

HORACE A . SHEPARD

President, Clay Tobacco Company , Mt . Sterling, Ky. 1972 Chairman of the Board, The B. F. Goodrich Company, Akron,

Ohio 1973 Chairman of the Board, Chief Executive Officer, T R W Inc . ,

Cleveland, Ohio 1974

Chairman 2 Deputy Chairman


February 1972


District 4—FEDERAL RESERVE BANK OF CLEVELAND—Continued

CINCINNATI BRANCH Term

Expires Dec. 31


PAUL W . CHRISTENSEN, JR. President, The Cincinnati Gear Company , Cincinnati , Ohio 1972 ROBERT E. HALL President, The First National Bank and Trust Company , Troy,

Ohio 1972 WILLIAM S. ROWE President, The Fifth Third Bank, Cincinnati , Ohio 1973 E. PAUL WILLIAMS President, The Second National Bank of Ashland, Ky. 1974


PHILLIP R. SHRIVER President, Miami University, Oxford , Ohio 1972 CLAIR F. VOUGH Vice President, Office Products Division, IBM Corporat ion, Lex-

ington, Ky. 1973 GRAHAM E. MARX1 President, General Manager , The G. A. Gray Company , Cincin-

nati, Ohio 1974

PITTSBURGH BRANCH


ROBINSON F. BARKER Chairman of the Board, Chief Executive Officer, PPG Industries, Inc . , Pittsburgh, Pa. 1972

JOHN W . BINGHAM President, The Merchants and Manufacturers National Bank of Sharon, Pa. 1972

MERLE E. GILLIAND Chairman of the Board, Chief Executive Officer, Pittsburgh Na-tional Bank, Pittsburgh, Pa. 1973

CHARLES F. WARD President, Gallatin National Bank, Uniontown, Pa. 1974


LAWRENCE E. WALKLEY1 President, Chief Executive Officer, West inghouse Air Brake Company, Pittsburgh, Pa. 1972

ROBERT E. KIRBY President, Industry and Defense Company , West inghouse Elec-tric Corporation, Pittsburgh, Pa. 1973

RICHARD M. CYERT Dean , Graduate School of Industrial Administrat ion, Carnegie-Mellon University, Pittsburgh, Pa. 1974


Class A :

HUGH A. CURRY President, Chief Executive Officer, The Kanawha Valley Bank, Charleston, W . Va. 1972

THOMAS P. MCLACHLEN President, McLachlen National Bank, Washington, D . C . 1973 EDWARD N. EVANS President, Farmers & Merchants National Bank of Cambridge,

Cambridge, M d . 1974

Chairman


February 1972



Term Expires

Dec. 31 Class B.-

ROBERT S. SMALL President, Dan River, Inc. , Greenvil le, S. C. 1972 H. DAIL HOLDERNESS President, Carolina Telephone and Telegraph Company, Tar-

boro, N . C . 1973 HENRY C. HOFHEIMER, II Member of the Executive Commit tee , Southern Materials Co . ,

Inc . , Norfolk , Va. 1974

Class C: ROBERT W . LAWSON, JR.1 Managing Partner of Charleston Office, Steptoe & Johnson,

Charleston, W . Va. 1972 STUART SHUMATE2 President, Richmond, Fredericksburg and Potomac Railroad

Company , Richmond, Va. 1973 E. CRAIG WALL, SR. Chairman of the Board, Canal Industries, Inc . , Conway, S .C. 1974

BALTIMORE BRANCH


J . R . CHAFFINCH, JR.

JAMES J . ROBINSON J . STEVENSON PECK TILTON H . DOBBIN

Executive Vice President, The Denton National Bank, Denton, Md . 1972

Executive Vice President, Bank of Ripley, W . Va. 1973 President, Union Trust Company of Maryland, Balt imore, Md . 1973 President, Chairman of the Executive Commit tee , Maryland Na-

tional B ank, B altimore, Md . 1974


ARNOLD J . KLEFF, JR. B a l t i m o r e , M d . 1 9 7 2 JOHN H. FETTING, JR.1 President, A. H. Fetting Company , Balt imore, Md . 1973 JAMES G. HARLOW, JR. President, West Virginia University, Morgantown, W . Va. 1974

CHARLOTTE BRANCH


J. WILLIS CANTEY Chairman, Chief Executive Officer, The Citizens & Southern National Bank of South Carolina, Columbia , S .C. 1972

C. C. CAMERON Chairman of the Board, President, First Union National Bank of North Carolina, Charlotte, N . C . 1973

H. PHELPS BROOKS, JR. President, The Peoples National Bank, Chester , S .C. 1973 L. D. COLTRANE, III President, The Concord National Bank, Concord, N .C . 1974



February 1972



CHARLOTTE BRANCH—Continued

Term Expires

Dec. 31


ROBERT C. EDWARDS President, Clemson University, Clemson, S .C . 1972 CHARLES W . DEBELL1 General Manager , North Carolina Works , Western Electric Com-

pany, Inc . , Winston-Salem, N . C . 1973 CHARLES F. BENBOW Vice President, R. J. Reynolds Industries, Inc . , Winston-Salem,

N . C . 1974


Class A: WILLIAM B. MILLS President, The Florida National Bank, Jacksonvil le, Fla. 1972 A. L. ELLIS Chairman of the Board, First National Bank, Tarpon Springs,

Fla. 1 9 7 3 JACK P. KEITH President, First National Bank of West Point, Ga. 1974

Class B:

PHILIP J. LEE Vice President, TropicanaProducts , Inc . , Tampa , Fla. 1972 HOSKINS A. SHADOW President, Tennessee Valley Nursery, Inc . , Winchester , Tenn. 1973 OWEN COOPER President, Mississippi Chemical Corporat ion, Coastal Chemical

Corporation, Yazoo City, Miss. 1974

Class C:

F. EVANS FARWELL President, Milliken and Farwell , Inc . , New Orleans, La. 1972 JOHN C. WILSON1 President, Horne-Wilson, Inc. , Atlanta, Ga. 1973 H. G. PATTILLO2 President, Pattillo Construction Company, Inc . , Decatur , Ga. 1974

BIRMINGHAM BRANCH


HARVEY TERRELL Chairman of the Board, The First National Bank of Birmingham, Ala. 1972

WALLACE D. MALONE, JR. President, Chairman of the Board, The First National Bank of Dothan, Ala. 1973

C. LOGAN TAYLOR Chairman of the Board, The First State Bank of Oxford , Ala. 1973 W . EUGENE MORGAN President, Chief Executive Officer, The First National Bank of

Huntsville, Ala. 1974



February 1972



BIRMINGHAM BRANCH—Continued Term

Expires Dec. 31


E. STANLEY ROBBINS1 President, National Floor Products Company , Inc . , Florence, Ala. 1 9 7 2

DAVID MATHEWS President, University of Alabama, Universi ty, Ala. 1973 WILLIAM C. BAUER President, South Central Bell, Bi rmingham, Ala. 1974

JACKSONVILLE BRANCH


JAMES G . RICHARDSON

MALCOLM C . BROWN

A . CLEWIS H O W E L L G U Y W . BOTTS

Chairman of the Board, President, The Commercial Bank and Trust Company of Ocala, Fla. 1972

President, Chairman of the Board , Florida First National Bank at Brent, Pensacola, Fla. 1973

President, Marine Bank & Trust Company , Tampa , Fla. 1973 Vice Chairman of the Board, Barnett Bank of Jacksonville, N. A . ,

Jacksonville, Fla. 1974


HENRY K . STANFORD 1

HENRY CRAGG

GERT H . W . SCHMIDT

President, University of Miami , Coral Gables, Fla. 1972 Vice President, The Coca-Cola Company Foods Division,

Winter Park, Fla. 1973 President, TeLeVision 12 of Jacksonvil le, Fla. 1974

NASHVILLE BRANCH


EDWARD C. HUFFMAN Chairman of the Board, President, First National Bank, Shelby-

D A N B . ANDREWS EDWARD G . NELSON

THOMAS C . M O T T E R N

ville, Tenn. 1972 President, First National Bank, Dickson, Tenn. 1973 Executive Vice President, Commerce Union Bank, Nashvil le ,

Tenn. 1973 President, Hamilton National B ank of Johnson City, Tenn. 1974


JOHN C. TUNE, JR. 1 Partner, Butler, McHugh , Butler, Tune & Watts , Nashvil le, Tenn.

JAMES W . LONG President, Robertson County Farm Bureau, Springfield, Tenn. EDWARD J. BOLING President, The University of Tennessee, Knoxvil le , Tenn.

1 9 7 2 1 9 7 3 1 9 7 4

Chairman


February 1972



NEW ORLEANS BRANCH


Term Expires

Dec. 31

H. P. HEIDELBERG, JR. President, Pascagoula-Moss Point Bank, Pascagoula, Miss . 1972 TOM A. FLANAGAN, JR. President, Lakeside National Bank of Lake Charles, La. 1973 LAWRENCE A. MERRIGAN President, The Bank of New Orleans and Trust Company, New

Orleans, La. 1973 ARCHIE R. MCDONNELL President, Citizens National Bank, Meridian, Miss . 1974


D. BEN KLEINPETER Wholesale Manager , Kleinpeter Farms Dairy, Inc . , Baton

BROADUS N . B U T L E R 1

FRED ADAMS, JR.

Rouge, La. President, Dillard University, New Orleans, La. President, Cal-Maine Foods, Inc . , Jackson, Miss .

1 9 7 2 1 9 7 3 1 9 7 4


Chairman of the Board, The Northern Trust Company , Chicago, Class A :

EDWARD BYRON SMITH

M E L V I N C . LOCKARD FLOYD F . WHITMORE

Class B.-

WILLIAM H . DAVIDSON HOWARD M . PACKARD JOHN T . HACKETT

Class C:

EMERSON G . H I G D O N 1

JOHN W . BAIRD WILLIAM H . FRANKLIN 2

111. 1972 President, First National Bank, Mat toon, 111. 1973 President, The Okey-Vernon National Bank, Corning, Iowa 1974

President, Harley-Davidson Motor C o . , Inc . , Mi lwaukee , Wis . 1972 Vice Chairman, S. C. Johnson & Son, Inc . , Racine, Wis . 1973 Executive Vice President, Cummins Engine Company , Inc . ,

Columbus, Ind. 1974

President, The Maytag Company, Newton , Iowa President, Baird & Warner , Inc . , Chicago, 111. President, Caterpillar Tractor Co . , Peoria, 111.

1 9 7 2 1 9 7 3 1 9 7 4

DETROIT BRANCH


GEORGE L . W H Y E L

ROLAND A . M E W H O R T ELLIS B . MERRY HAROLD A . ELGAS


President, Genesee Merchants Bank & Trust Company , Flint, Mich. 1972

Chairman, Manufacturers National Bank of Detroit , Mich. 1972 Chairman of the Board, National Bank of Detroit , Mich. 1973 President, Gaylord State Bank, Gaylord, Mich . 1974


February 1972



DETROIT BRANCH—Continued


Term Expires

Dec. 31

W . M . DEFOE

L . W M . SEIDMAN PETER B . CLARK 1

Chairman of the Board, Defoe Shipbuilding Company , Bay City, Mich. 1972

Resident Partner, Seidman & Seidman, Grand Rapids, Mich. 1973 Chairman of the Board, President, The Evening News Associa-

tion , Detroit , Mich. 1974


Class A :

CECIL W . C U P P , JR. BRADFORD BRETT EDWIN S . JONES

Class B:

EDWARD J . SCHNUCK FRED I . B R O W N , JR. JAMES M . TUHOLSKI

Class C.-

SAM COOPER 2

HARRY M . Y O U N G , JR. FREDERIC M . PEIRCE 1

President, Arkansas Bank & Trust Company , Hot Springs, Ark. 1972 President, The First National Bank of Mexico , Mo . 1973 Chairman of the Board, Chief Executive Officer, First National

Bank in St. Louis , Mo . 1974

Chairman of the Board, Schnuck Markets , Inc . , Bridgeton, Mo . 1972 President, Arkansas Foundry Company , Little Rock , Ark. 1973 President, Mead Johnson & Company , Evansvil le, Ind. 1974

President, H u m K o Products Division of Kraf tco Corporat ion, Memphis , Tenn. 1972

Farmer , Herndon, Ky. 1973 Chairman of the Board, Chief Executive Officer, General Ameri-

can Life Insurance Company , St. Louis, Mo . 1974

LITTLE ROCK BRANCH


ELLIS E . SHELTON W A Y N E A . STONE

EDWARD M . PENICK

W I L L H . KELLEY

President, The First National Bank of Fayetteville, Ark. 1972 Chairman of the Board, Chief Executive Officer, S immons First

National Bank of Pine Bluff , Ark. 1972 President, Chief Executive Officer, Worthen Bank & Trust Com-

pany, Little Rock, Ark. 1973 President, Chief Executive Officer, The State First National Bank of Texarkana, Ark. 1974


JAKE H A R T Z , JR. ROLAND R . R E M M E L 1

A L POLLARD

President, Jacob Hartz Seed Co . , Inc . , Stuttgart, Ark. 1972 Chairman of the Board, Southland Building Products Co . , Little

Rock, Ark. 1973 President, Al Pollard & Associates, Little Rock , Ark. 1974



February 1972


District 8—FEDERAL RESERVE BANK OF ST. LOUIS—Continued

LOUISVILLE BRANCH Term Expires

Appointed by Federal Reserve Bank: Dec. 31

PAUL CHASE President, The Bedford National Bank, Bedford , Ind. 1972 HERBERT J. SMITH President, The American National Bank & Trust Company of

Bowling Green, Ky. 1972 HAROLD E. JACKSON President, The Scott County State Bank, Scottsburg, Ind. 1973 HUGH M. SHWAB Chairman of the Boards, First National Bank of Louisville, The

Kentucky Trust Company , Louisville, Ky. 1974


JOHN G. BEAM1 President, Thomas Industries, Inc . , Louisville, Ky. 1972 WILLIAM H. STROUBE Associate Dean, College of Science and Technology, Western

Kentucky University, Bowling Green, Ky. 1973 (Vacancy) 1974

MEMPHIS BRANCH


JAMES R. FITZHUGH Executive Vice President, Bank of Ripley, Tenn. 1972 WAYNE W . PYEATT President, National Bank of Commerce , Memphis , Tenn. 1972 J . J . W H I T E President, Helena National Bank, Helena, Ark. 1973 WADE C. BARTON President, First Citizens National Bank, Tupelo, Miss . 1974


WILLIAM L. GILES1 President, Mississippi State University, State College, Miss . 1972 ALVIN HUFFMAN, JR. President, Huf fman Brothers Incorporated, Blytheville, Ark. 1973 C. WHITNEY BROWN President, S . C . Toof & Company , Memphis , Tenn. 1974


Class A.-

JOHN BOSSHARD Executive Vice President, First National Bank of Bangor , Wis. 1972

PHILIP H. NASON President, The First National Bank of Saint Paul, Minn. 1973

ROY H. JOHNSON President, First National Bank of Negaunee , Mich. 1974

Class B:

DAVID M . HESKETT President, Montana-Dakota Utilities Co . , Bismarck, N . D . 1972 DALE V. ANDERSEN President, Mitchell Packing Company , Inc . , Mitchell , S .D. 1973 JOHN H. BAILEY President, The Cretex Companies , Inc . , Elk River, Minn. 1974

Chairman


February 1972


District 9—FEDERAL RESERVE BANK OF MINNEAPOLIS—Continued Term

Expires Dec. 31

Class C.-DAVID M. LILLY1 Chairman of the Board, The Toro Company, Minneapolis , Minn. 1972 R u s s B. HART President, Hart-Albin Company , Billings, Mont . 1973 BRUCE B. DAYTON2 Chairman of the Board, Dayton Hudson Corporat ion, Minneapolis ,

Minn. 1974 HELENA BRANCH


E. LOWRY KUNKEL President, First National Bank, Butte, Mont . 1972 ROBERT I. PENNER President, Citizens First National Bank, Wolf Point, Mont . 1972 RICHARD D. RUBIE President, Missoula Bank of Montana , Missoula , Mont . 1973


WARREN B. JONES1 Secretary-Treasurer, Two Dot Land and Livestock Company, Harlowton, Mont . 1972

WILLIAM A. CORDINGLEY Publisher, Great Falls Tribune, Great Falls, Mont . 1973


Class A.-ROGER D. KNIGHT, JR. Chairman of the Board, United Banks of Colorado, Inc . , Denver ,

Colo. 1972 C. MOSE MILLER Chairman of the Board, President, The Farmers and Merchants

State Bank, Colby, Kans. 1973 JOHN A. O'LEARY Chairman of the Board, The Peoples State Bank, Luray, Kans. 1974

Class B.-CECIL O. EMRICH President, C. O. Emrich Enterprises, Norfolk , Nebr. 1972 ALFRED E. JORDAN Vice President, Trans World Airlines, Inc . , Kansas City, Mo . 1973 FRANK C. LOVE President, Kerr -McGee Corporat ion, Oklahoma City, Okla. 1974

Class C: WILLARD DEERE HOSFORD, Vice President, General Manager , John Deere Company , Omaha ,

JR.2 Nebr. 1972 ROBERT T. PERSON President, Chairman of the Board, Public Service Company of

Colorado, Denver , Colo. 1973 ROBERT W . WAGSTAFF1 Chairman of the Board, President, Coca-Cola Bottling Company of

Mid-America , Kansas City, M o . 1974

DENVER BRANCH Appointed by Federal Reserve Bank:

ROBERT L. TRIPP President, Albuquerque National Bank, Albuquerque, N . M . 1972 DALE R. HINMAN Chairman of the Board, The Greeley National Bank, Greeley,

Colo. 1972 JOHN W . HAY, JR. President, Rock Springs National Bank, Rock Springs, W y o . 1973

C h a i r m a n 2 Deputy Chairman


February 1972


District 10—FEDERAL RESERVE BANK OF KANSAS CITY—Continued

DENVER BRANCH—Continued Term Expires

Appointed by Board of Governors: Dec. 31

DAVID R. C. BROWN1 President, The Aspen Skiing Corporat ion, Aspen, Colo. 1972 MAURICE B. MITCHELL Chancellor , University of Denver , Colo. 1973



MARVIN MILLARD Chairman of the Board, National Bank of Tulsa, Okla. 1972 HUGH C. JONES Executive Vice President, The Bank of Woodward , Okla. 1972 W . H. MCDONALD Chairman of the Executive Commit tee , The First National Bank

and Trust Company of Oklahoma City, Okla. 1973


FLORIN W . ZALOUDEK Manager , J. I. Case Implements , Kremlin, Okla. 1972 JOSEPH H. WILLIAMS1 President, Chief Operating Officer, The Will iams Companies ,

Tulsa, Okla. 1973

OMAHA BRANCH


EDWARD W . LYMAN President, The United States National Bank of Omaha ; Nebr . 1972 S. N. WOLBACH President, The First National Bank of Grand Island, Nebr . 1973 GLENN YAUSSI Chairman of the Board, National Bank of Commerce Trust &

Savings, Lincoln, Nebr. 1973


HENRY Y. KLEINKAUF1 President, Natkin & Company, Omaha , Nebr . 1972 A. JAMES EBEL Vice President, General Manager , Cornhusker Television Cor-

poration, Lincoln, Nebr. 1973

District 11—FEDERAL RESERVE BANK OF DALLAS Class A.-

MURRAY KYGER Chairman of the Executive Commit tee , The First National Bank of Fort Wor th , Tex. 1972

J. V. KELLY President, The Peoples National Bank of Belton, Tex. 1973 A. W . RITER, JR. President, The Peoples National Bank of Tyler , Tex. 1974

Class B:

C. A. TATUM, JR. President, Chief Executive Officer, Texas Utilities Company , Dallas, Tex. 1972

CARL D. NEWTON Chairman of the Board, Fox-Stanley Photo Products , Inc . , San Antonio, Tex. 1973

HUGH F. STEEN President, El Paso Natural Gas Company , El Paso, Tex. 1974

Chairman


February 1972



Class C.-

PHILIP G . HOFFMAN 2

JOHN LAWRENCE CHAS. F . JONES 1

Term Expires

Dec. 31

President, University of Houston, Tex. 1972 Chairman of the Board, Dresser Industries, Inc . , Dallas, Tex. 1973 Vice Chairman of the Board, Humble Oil & Refining Company,

Houston, Tex. 1974

EL PASO BRANCH


ARCHIE B . SCOTT SAM D . Y O U N G , JR. CULLEN J . KELLY W A Y N E STEWART

President, The Security State Bank of Pecos, Texas, Pecos, Tex. 1972 President, El Paso National Bank, El Paso, Tex. 1972 President, The First National Bank of Midland, Tex. 1973 President, First National Bank in Alamogordo, N . M . 1974


ALLAN B. BOWMAN1 President, General Manager , Banner Mining Company , Tucson, Ariz. 1972

HERBERT M. SCHWARTZ President, Popular Dry Goods Co . , Inc . , El Paso, Tex. 1973 GAGE HOLLAND R a n c h e r , M a r a t h o n , T e x . 1974

HOUSTON BRANCH


W . G . THORNELL

JOHN E . WHITMORE

KLINE M C G E E

SETH W . DORBANDT

Chairman of the Board, President, The First National Bank of Port Arthur, Tex. 1972

Chairman of the Board, Chief Executive Officer, Texas Commerce Bank National Association, Houston, Tex. 1972

Chairman of the Board, Southern National Bank of Houston, Tex. 1973

Chairman of the Board, President, First National Bank in Conroe, Tex. 1974


G E O . T . MORSE, J R . 1

M . STEELE W R I G H T , JR

R . M . BUCKLEY

Vice Chairman of the Board, Chief Operating Officer, Peden In-dustries , Inc . , Houston, Tex. 1972

Chairman of the Board, Texas Farm Products Company , Nacog-doches, Tex. 1973

President, Eastex Incorporated, Silsbee, Tex. 1974

SAN ANTONIO BRANCH


TOM C . FROST, JR. Chairman of the Board, The Frost National Bank of San Antonio, Tex. 1972



February 1972



SAN ANTONIO BRANCH—Continued

Appointed by Federal Branch Bank—Continued

Term Expires

Dec. 31

W . O . ROBERSON RAY M . K E C K , JR.

LEON STONE

President, First National Bank at Brownsvil le , Tex. 1972 Chairman of the Board, President, Union National Bank of Laredo,

Tex. 1973 President, The Austin National Bank, Austin, Tex. 1974


W . A . BELCHER IRVING A . M A T H E W S 1

MARSHALL BOYKIN, I I I

Rancher , Veterinarian, Brackettville, Tex. 1972 Chairman of the Board, Chief Executive Officer, Frost Bros . ,

Inc. , San Antonio, Tex. 1973 Partner, Wood , Boykin & Wolter , Corpus Christi , Tex. 1974


LOS ANGELES BRANCH

Class A.-CARROLL F. BYRD

RALPH J. Voss CARL E . SCHROEDER

Class B.-JOSEPH ROSENBLATT

MARRON KENDRICK

CHARLES R . D A H L

Class C:

S . ALFRED HALGREN 2

O . MEREDITH W I L S O N 1

M A S O J I

Chairman of the Board, President, The First National Bank of Wil lows, Calif. 1972

President, First National Bank of Oregon, Portland, Oreg. 1973 President, The First National Bank of Orange County, Orange,

Calif. 1974

Honorary Chairman of the Board, The Eimco Corporat ion, Salt Lake City, Utah 1972

President, Chairman of the Board, Schlage Lock Company , San Francisco, Calif. 1973

President, Chief Executive Officer, Crown Zellerbach, San Fran-cisco, Calif. 1974

Senior Vice President, Carnation Company , Los Angeles , Calif . 1972 President, Director, Center for Advanced Study in the Behavioral

Sciences, Stanford, Calif. 1973 President, Oji Bros. Farm, Inc . , Yuba City, Calif. 1974


W . GORDON FERGUSON LINUS E . SOUTHWICK CARL E . HARTNACK RAYBURN S . DEZEMBER

President, National Bank of Whittier, Calif. 1972 President, Valley National Bank, Glendale, Calif. 1973 President, Security Pacific National Bank, Los Angeles , Calif. 1973 Chairman of the Board, President, American National Bank,

Bakersfield, Calif. 1974



February 1972


District 12—FEDERAL RESERVE BANK OF SAN FRANCISCO—Continued

LOS ANGELES BRANCH—Continued Term Expires

Appointed by Board of Governors: Dec. 31

LELAND D. PRATT1 President, Kelco Company, San Diego, Calif . 1972 EDWARD A. SLOAN President, S loan 's Dry Cleaners, Los Angeles , Calif . 1973 RUTH HANDLER President, Mattel , Inc . , Hawthorne , Calif. 1974

PORTLAND BRANCH


JAMES H. STANARD Vice President, First National Bank of McMinnvi l le , Oreg. 1972 FRANK L. SERVOSS President, Crater National Bank of Medford , Oreg. 1972 LEROY B. STAVER Chairman of the Board, Chief Executive Officer, United States

National Bank of Oregon, Portland, Oreg. 1973


JOHN R. HOWARD1 President, Lewis and Clark College, Portland, Oreg. 1972 FRANK ANDERSON Farmer, Heppner , Oreg. 1973



RODERICK H. BROWNING President, Bank of Utah, Ogden, Utah 1972 ROY W . SIMMONS President, Zions First National Bank, Salt Lake City, Utah 1972 JOSEPH BIANCO Chairman of the Board, President, Bank of Idaho, Boise, Idaho 1973


JOHN H. BRECKENRIDGE1 President, L. L. Breckenridge Company , Twin Falls, Idaho 1972 THEODORE C. JACOBSEN Chairman of the Board, Jacobsen Construction Company , Inc . ,

Salt Lake City, Utah 1973

SEATTLE BRANCH

Appointed by Federal Reserve Bank: A. E. SAUNDERS Vice Chairman of the Board, Puget Sound National Bank,

Tacoma, Wash. 1972 PHILIP H. STANTON President, Washington Trust Bank, Spokane, Wash . 1972 JOSEPH C. BAILLARGEON Chairman of the Board, Chief Executive Officer, Seattle Trust &

Savings Bank, Seattle, Wash . 1973

Appointed by Board of Governors: C. HENRY BACON, JR.1 Vice Chairman of the Board, Simpson Timber Company , Seattle, 1972

Wash. THOMAS T. HIRAI President, Quality Growers Company , Inc . , Quincy, Wash . 1973

Chairman


February 1972


F o l lo w in g is a l is t o f th e d i r e c to r a te s o f th e F e d e ra l R e s e r v e B a n k s a n d b r a n c h e s a s a t p r e s e n t c o n s t i tu te d . T h e lis t s h o w s , in a d d i t io n to th e n a m e o f e a c h d i r e c to r , h is p r in c ip a l b u s in e s s a f f i l ia t io n , th e c la s s o f d i r e c to r s h ip , a n d th e d a te w h e n h is te rm e x p i r e s . E a c h F e d e r a l R e s e r v e B a n k h a s n in e d i r e c to r s ; th r e e C la s s A a n d th r e e C la s s B d i r e c to r s , w h o a re e le c te d b y th e s to c k h o ld in g m e m b e r b a n k s , a n d th r e e C la s s C d i r e c to r s , w h o a re a p p o in te d b y th e B o a rd o f G o v e r n o r s o f th e F e d e ra l R e s e r v e S y s te m . C la s s A d i r e c to r s a re r e p r e s e n ta t iv e o f th e s to c k h o ld in g m e m b e r b a n k s . C la s s B d i r e c to r s m u s t b e a c t iv e ly e n g a g e d in th e i r d is t r i c t in c o m m e r c e , a g r ic u l tu r e , o r s o m e in d u s t r ia l p u r s u i t , a n d m a y n o t b e o f f ic e r s , d i r e c to r s , o r e m p lo y e e s o f a n y b a n k . F o r th e p u r p o s e o f e le c t in g C la s s A a n d C la s s B d i r e c to r s , th e m e m b e r b a n k s o f e a c h F e d e ra l R e s e r v e d is t r i c t a re c la s s i f ie d b y th e B o a rd o f G o v e r n o r s o f th e F e d e ra l R e s e r v e S y s te m in to th r e e g r o u p s , e a c h o f w h ic h c o n s is ts o f b a n k s o f s im i la r c a p i t a l i z a t io n , a n d e a c h g r o u p e le c t s o n e C la s s A a n d o n e C la s s B d i r e c to r . C la s s C d i r e c to r s m a y n o t b e o f f ic e r s , d i r e c to r s , e m p lo y e e s , o r s to c k h o ld e r s o f a n y b a n k . O n e C la s s C d i r e c to r is d e s ig n a te d b y th e B o a rd o f G o v e r n o r s a s C h a ir m a n o f th e B o a rd o f D i r e c to r s a n d F e d e r a l R e s e r v e A g e n t a n d a n o th e r a s D e p u ty C h a ir m a n . F e d e ra l R e s e r v e b r a n c h e s h a v e e i th e r f iv e o r s e v e n d i r e c to r s , o f w h o m a m a jo r i ty a re a p p o in te d b y th e B o a rd o f D i r e c to r s o f th e p a r e n t F e d e ra l R e s e r v e B a n k ; th e o th e r s a re a p p o in te d b y th e B o a rd o f G o v e r n o r s o f th e F e d e r a l R e s e r v e S y s te m . O n e o f th e d i r e c to r s a p p o in te d b y th e B o a rd o f G o v e r n o r s a t e a c h b r a n c h is d e s ig n a te d a n n u a l ly a s C h a ir m a n o f th e B o a rd in s u c h m a n n e r a s th e F e d e r a l R e s e r v e B a n k m a y p r e s c r ib e .

N a m e s f o l lo w e d b y f o o tn o te 1 (*) a re C h a ir m e n a n d th o s e b y f o o tn o te 2 (2) a re D e p u ty C h a ir m e n .

D is tr ic t 1— FED ERA L RESER V E BANK O F BO STO N

C l a s s A :

R a l p h A . M c I n i n c h M a r k C . W h e e l e r

W il l ia m M . H o n e y

T e r m

e x p i r e s

D e c . 3 1

P r e s id e n t , M e rc h a n ts N a t io n a l B a n k o f M a n c h e s te r , N .H . 1 9 7 3P r e s id e n t , N e w E n g la n d M e rc h a n ts N a t io n a l B a n k , B o s to n ,

M a s s . 1 9 7 4P r e s id e n t , T h e M a r t h a ’s V in e y a r d N a t io n a l B a n k , V in e y a r d

H a v e n , M a s s . 1 9 7 5

C l a s s B :

G . W il l ia m M il l e r W . G o r d o n R o b e r t s o n

P r e s id e n t , T e x t r o n , P r o v id e n c e , R . I . 1 9 7 3B a n g o r , M a in e 1 9 7 4

A l f r e d W . V a n S i n d e r e n P r e s id e n t , T h e S o u th e r n N e w E n g la n d T e le p h o n e C o . ,N e w H a v e n , C o n n . 1 9 7 5

C l a s s C :

J o h n M . F o x

J a m e s S . D u e s e n b e r r y 1

L o u is W . C a b o t 2

P r e s id e n t , C h ie f E x e c u t iv e O f f ic e r , H . P . H o o d & S o n s , C h a r le s to w n , M a s s . 1 9 7 3

C h a ir m a n , D e p a r tm e n t o f E c o n o m ic s , H a r v a r d U n iv e r s i ty ,C a m b r id g e , M a s s . 1 9 7 4

C h a ir m a n o f th e B o a rd , C a b o t C o r p o r a t io n , B o s to n , M a s s . 1 9 7 5

2 2 6Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

March 1973

T e r m

e x p i r e s

D e c . 3 1

C l a s s A :

D a v id C . R o c k e f e l l e r C h a ir m a n o f th e B o a rd , T h e C h a s e M a n h a t ta n B a n k , N e w Y o r k ,N .Y . 1 9 7 3

N o r m a n B r a s s l e r C h a ir m a n o f th e B o a rd , C h ie f E x e c u t iv e O f f ic e r , N e w J e r s e yB a n k , N .A . , P a s s a ic , N .J . 1 9 7 4

N e w m a n E . W a i t , J r . P r e s id e n t , A d i r o n d a c k T ru s t C o m p a n y , S a r a to g a S p r in g s , N .Y . 1 9 7 5

C l a s s B :

M a u r i c e F . G r a n v i l l e C h a ir m a n o f th e B o a rd , T e x a c o , I n c . , N e w Y o r k , N .Y . 1 9 7 3( V a c a n c y ) 1 9 7 4J a c k B . J a c k s o n P r e s id e n t , J . C . P e n n e y C o m p a n y , I n c . , N e w Y o r k , N .Y . 1 9 7 5

C l a s s C :

A l a n J . P if e r P r e s id e n t , C a rn e g ie C o r p o r a t io n o f N e w Y o r k , N e w Y o r k , N .Y . 1 9 7 3R o s w e l l L . G i l p a t r i c 1 P a r tn e r , C r a v a th , S w a in e & M o o r e , N e w Y o r k , N .Y . 1 9 7 4F r a n k R . M i l l i k e n 2 P r e s id e n t , K e n n e c o t t C o p p e r C o r p o r a t io n , N e w Y o r k , N .Y . 1 9 7 5

B UFFALO BRANCH

A p p o i n t e d b y F e d e r a l R e s e r v e B a n k :

W il l ia m B . A n d e r s o n P r e s id e n t , T h e F ir s t N a t io n a l B a n k o f J a m e s to w n , N .Y . 1 9 7 3A n g e l o A . C o s t a n z a P r e s id e n t , C h ie f E x e c u t iv e O f f ic e r , C e n tr a l T ru s t C o m p a n y ,

R o c h e s te r , N .Y . 1 9 7 3T h e o d o r e M . M c C l u r e P r e s id e n t , T h e C i t iz e n s N a t io n a l B a n k a n d T r u s t C o m p a n y ,

W e l l s v i l l e , N .Y . 1 9 7 4C l a u d e F . S h u c h t e r P r e s id e n t , C h ie f E x e c u t iv e O f f ic e r , M a n u f a c tu r e r s a n d T r a d e r s

T r u s t C o m p a n y , B u f f a lo , N .Y . 1 9 7 5

A p p o i n t e d b y B o a r d o f G o v e r n o r s :

R u p e r t W a r r e n 1 P r e s id e n t , T r ic o P ro d u c ts C o r p o r a t io n , B u f f a lo , N .Y . 1 9 7 3N o r m a n F . B e a c h V ic e P r e s id e n t , G e n e r a l M a n a g e r , K o d a k P a rk D iv i s io n , E a s tm a n

K o d a k C o m p a n y , R o c h e s te r , N .Y . 1 9 7 4D o n a l d N e s b i t t O w n e r - O p e r a to r , S i lv e r C r e e k F a r m s , A lb io n , N .Y . 1 9 7 5

D istr ic t 3— FEDERAL RESER V E BANK O F PHILADELPHIA

C l a s s A :

R ic h a r d A . H e r b s t e r P r e s id e n t , L e w is to w n T r u s t C o m p a n y , L e w is to w n , P a . 1 9 7 3( V a c a n c y ) 1 9 7 4J o h n H . H a s s l e r P r e s id e n t , T h e C ity N a t io n a l B a n k a n d T ru s t C o m p a n y o f S a le m ,

N .J . 1 9 7 5

C l a s s B :

( V a c a n c y ) 1 9 7 3C . G r a h a m B e r w i n d , J r . P r e s id e n t , C h ie f E x e c u t iv e O f f ic e r , B e rw in d C o r p o r a t io n ,

P h i la d e lp h ia , P a . 1 9 7 4B e r n a r d D . B r o e k e r E x e c u t iv e V ic e P r e s id e n t , B e th le h e m S te e l C o r p o r a t io n ,

B e th le h e m , P a . 1 9 7 5


2 2 7Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

March 1973

2 2 8 F E D E R A L R E S E R V E B U L L E T I N □ M A R C H 1 9 7 3

D istr ic t 3— FEDERAL R ESER V E BANK O F PHILADELPHIA— C o n tin u e dT e r m

e x p i r e s

D e c . 3 1

C l a s s C :

J o h n R . C o l e m a n 1 P r e s id e n t , H a v e r f o rd C o l le g e , H a v e r f o r d , P a . 1 9 7 3E d w a r d W . R o b i n s o n , J r . P r e s id e n t , P r o v id e n t H o m e I n d u s t r ia l M u tu a l L ife I n s u r a n c e C o . ,

P h i la d e lp h ia , P a . 1 9 7 4E d w a r d J . D w y e r 2 C h a i r m a n , C h ie f E x e c u t iv e O f f ic e r , E S B I n c o r c o r p o r a te d ,

P h i la d e lp h ia , P a . 1 9 7 5

D is tr ic t 4— FED ERA L R ESER V E BANK O F CLEVELAND

C l a s s A :

E d w a r d W . B a r k e r A . B r u c e B o w d e n

P r e s id e n t , F ir s t N a t io n a l B a n k o f M id d le to w n , O h io 1 9 7 3 V ic e C h a ir m a n o f th e B o a rd , M e l lo n N a t io n a l B a n k a n d T ru s t

C o m p a n y , P i t t s b u r g h , P a . 1 9 7 4D a v id L . B r u m b a c k , J r . P r e s id e n t , V a n W e r t N a t io n a l B a n k , V a n W e r t , O h io 1 9 7 5

C l a s s B :

J o h n L . G u s h m a n

D o n a l d E . N o b l e

R e n e C . M c P h e r s o n

C l a s s C :

J . W a r d K e e n e r 2

H o r a c e A . S h e p a r d 1

O t is A . S i n g l e t a r y

C h a ir m a n o f th e B o a rd , C h ie f E x e c u t iv e O f f ic e r , A n c h o r H o c k in g C o r p o r a t io n , L a n c a s te r , O h io 1 9 7 3

P r e s id e n t , C h ie f E x e c u t iv e O f f ic e r , R u b b e rm a id I n c o r p o r a te d , W o o s te r , O h io 1 9 7 4

C h a i r m a n , C h ie f E x e c u t iv e O f f ic e r , D a n a C o r p o r a t io n , T o le d o ,O h io 1 9 7 5

C h a ir m a n o f th e E x e c u t iv e C o m m it te e , T h e B . F . G o o d r ic h C o m p a n y , A k r o n , O h io 1 9 7 3

C h a ir m a n o f th e B o a rd , C h ie f E x e c u t iv e O f f ic e r , T R W I n c . , C le v e la n d , O h io 1 9 7 4

P r e s id e n t , U n iv e r s i ty o f K e n tu c k y , L e x in g to n , K y . 1 9 7 5

CINCINNATI BRANCH


W il l ia m S . R o w e P r e s id e n t , T h e F if th T h ir d B a n k , C in c in n a t i , O h io 1 9 7 3E . P a u l W il l ia m s P r e s id e n t , S e c o n d N a t io n a l B a n k , A s h la n d , K y . 1 9 7 4P a u l W . C h r i s t e n s e n , J r . P r e s id e n t , T h e C in c in n a t i G e a r C o m p a n y , C in c in n a t i , O h io 1 9 7 5 R o b e r t E . H a l l P r e s id e n t , T h e F i r s t N a t io n a l B a n k a n d T r u s t C o m p a n y ,

T r o y , O h io 1 9 7 5


C l a ir F . V o u g h V ic e P re s id e n t , O ffic e P ro d u c ts D iv i s io n , IB M C o r p o r a t io n ,L e x in g to n , K y . 1 9 7 3

G r a h a m E . M a r x 1 P r e s id e n t , G e n e r a l M a n a g e r , T h e G . A . G r a y C o m p a n y ,C in c in n a t i , O h io 1 9 7 4

P h i l l i p R . S h r iv e r P r e s id e n t , M ia m i U n iv e r s i ty , O x f o r d , O h io 1 9 7 5


March 1973

D I R E C T O R S O F F E D E R A L R E S E R V E B A N K S A N D B R A N C H E S 229

D istr ic t 4— FEDERAL R ESER V E BANK O F CLEVELAND— C o n tin u e dT e r m

PITTSBU RG H BRANCHD e c . 3 1


M e r l e E . G i l l i a n d C h a ir m a n o f th e B o a rd , C h ie f E x e c u t iv e O f f ic e r , P i t t s b u r g hN a t io n a l B a n k , P i t t s b u r g h , P a . 1 9 7 3

C h a r l e s F . W a r d P r e s id e n t , G a l la t in N a t io n a l B a n k , U n io n to w n , P a . 1 9 7 4R o b in s o n F . B a r k e r C h a ir m a n o f th e B o a rd , C h ie f E x e c u t iv e O f f ic e r , P P G I n d u s t r i e s ,

I n c . , P i t t s b u r g h , P a . 1 9 7 5J e r r y A . H a l v e r s o n P r e s id e n t , T h e F i r s t N a t io n a l B a n k a n d T r u s t C o . o f W h e e l in g ,

W . V a . 1 9 7 5


R o b e r t E . K i r b y 1 P r e s id e n t , I n d u s t r y a n d D e f e n s e C o m p a n y , W e s t in g h o u s eE le c t r ic C o r p o r a t io n , P i t t s b u r g h , P a . 1 9 7 3

R ic h a r d M . C y e r t P r e s id e n t , C a r n e g ie - M e llo n U n iv e r s i ty , P i t t s b u r g h , P a . 1 9 7 4D o u g l a s G r y m e s P r e s id e n t , K o p p e r s C o m p a n y , I n c . , P i t t s b u r g h , P a . 1 9 7 5

D is tr ic t 5— FEDERAL R ESER V E BANK O F RICHMOND

C l a s s A :

T h o m a s P . M c L a c h l e n E d w a r d N . E v a n s

J o h n H . L u m p k in

C l a s s B :

H . D a il H o l d e r n e s s

H e n r y C . H o f h e i m e r , II O s b y L . W e ir

C l a s s C :

S t u a r t S h u m a t e 2

E . C r a ig W a l l , S r . R o b e r t W . L a w s o n , J r . 1

P r e s id e n t , M c L a c h le n N a t io n a l B a n k , W a s h in g to n , D .C . 1 9 7 3P r e s id e n t , F a r m e r s & M e rc h a n ts N a t io n a l B a n k o f C a m b r id g e ,

M d . 1 9 7 4C h a i r m a n , C h ie f E x e c u t iv e O f f ic e r , T h e S o u th C a r o l in a N a t io n a l

B a n k , C o lu m b ia , S .C . 1 9 7 5

P r e s id e n t , C a r o l in a T e le p h o n e a n d T e le g r a p h C o m p a n y , T a r b o r o ,N .C . 1 9 7 3

C h a ir m a n , V i r g in ia R e a l E s ta te I n v e s tm e n t T r u s t , N o r f o lk , V a . 1 9 7 4 G e n e r a l M a n a g e r , M e tro p o l i ta n W a s h in g to n - B a l t im o r e A r e a

S e a r s , R o e b u c k a n d C o . , B e th e s d a , M d . 1 9 7 5

P r e s id e n t , R ic h m o n d , F re d e r ic k s b u r g a n d P o to m a c R a i l r o a d C o m p a n y , R ic h m o n d , V a . 1 9 7 3

C h a ir m a n o f th e B o a rd , C a n a l I n d u s t r i e s , I n c . , C o n w a y , S .C . 1 9 7 4 S e n io r P a r tn e r , C h a r le s to n O ffic e , S te p to e & J o h n s o n ,

C h a r le s to n , W . V a . 1 9 7 5

BALTIMORE BRANCH


J . S t e v e n s o n P e c k

J a m e s J . R o b in s o n T il t o n H . D o b b in

J . R . C h a f f i n c h , J r .

C h a ir m a n o f th e B o a rd , U n io n T ru s t C o m p a n y o f M a r y la n d , B a l t im o r e , M d . 1 9 7 3

E x e c u t iv e V ic e P re s id e n t , B a n k o f R ip le y , W . V a . 1 9 7 3P r e s id e n t , C h a ir m a n o f th e E x e c u t iv e C o m m it te e , M a ry la n d

N a t io n a l B a n k , B a l t im o r e , M d . 1 9 7 4P r e s id e n t , T h e D e n to n N a t io n a l B a n k , D e n to n , M d . 1 9 7 5


March 1973


D istr ic t 5— FEDERAL R ESER V E BANK O F RICHM OND— C o n tin u e d

T e r mBALTIM ORE BRANCH— C o n tin u e d e x p i r e s

D e c . 3 1


J o h n H . F e t t i n g , J r . 1 P r e s id e n t , A . H . F e t t in g C o m p a n y , B a l t im o r e , M d . 1 9 7 3J a m e s G . H a r l o w P r e s id e n t , W e s t V i r g in ia U n iv e r s i ty , M o r g a n to w n , W . V a . 1 9 7 4D a v id W . B a r t o n , J r . P r e s id e n t , B a r to n - G i l le t C o m p a n y , B a l t im o r e , M d . 1 9 7 5

CHA RLO TTE BRANCH


H . P h e l p s B r o o k s , J r . P r e s id e n t , T h e P e o p le s N a t io n a l B a n k , C h e s te r , S .C . 1 9 7 3C . C . C a m e r o n C h a ir m a n o f th e B o a rd , P r e s id e n t , F ir s t U n io n N a t io n a l B a n k

o f N o r th C a r o l in a , C h a r lo t t e , N .C . 1 9 7 3L . D . C o l t r a n e , I II P r e s id e n t , T h e C o n c o rd N a t io n a l B a n k , C o n c o r d , N .C . 1 9 7 4W il l ia m W . B r u n e r C h a i r m a n , P r e s id e n t , F ir s t N a t io n a l B a n k o f S o u th C a r o l in a ,

C o lu m b ia , S .C . 1 9 7 5


C h a r l e s W . D e B e l l 1 G e n e r a l M a n a g e r , N o r th C a r o l in a W o r k s , W e s te rn E le c t r icC o m p a n y , I n c . , W in s to n - S a le m , N .C . 1 9 7 3

C h a r l e s F . B e n b o w V ic e P r e s id e n t , R . J . R e y n o ld s I n d u s t r i e s , I n c . , W in s to n - S a le m ,N .C . 1 9 7 4

R o b e r t C . E d w a r d s P r e s id e n t , C le m s o n U n iv e r s i ty , C le m s o n , S .C . 1 9 7 5

D istric t 6— FED ERA L RESER V E BANK O F ATLANTA

C l a s s A :

A . L . E l l is

J a c k P . K e i t h S a m I . Y a r n e l l

C l a s s B :

H o s k in s A . S h a d o w O w e n C o o p e r

G e o r g e W . J e n k i n s

C l a s s C :

C h a ir m a n o f th e B o a rd , F ir s t N a t io n a l B a n k , T a r p o n S p r in g s ,F la . 1 9 7 3

P r e s id e n t , F ir s t N a t io n a l B a n k o f W e s t P o in t , G a . 1 9 7 4C h a ir m a n , A m e r ic a n N a t io n a l B a n k a n d T r u s t C o . , C h a t ta n o o g a ,

T e n n . 1 9 7 5

P r e s id e n t , T e n n e s s e e V a l le y N u r s e r y , I n c . , W in c h e s te r , T e n n . 1 9 7 3 P r e s id e n t , M is s is s ip p i C h e m ic a l C o r p o r a t io n , C o a s ta l C h e m ic a l

C o r p o r a t io n , Y a z o o C i ty , M is s . 1 9 7 4C h a i r m a n , P u b l ix S u p e r M a rk e ts , I n c . , L a k e la n d , F la . 1 9 7 5

J o h n C . W i l s o n 1 H . G . P a t t i l l o 2 F . E v a n s F a r w e l l

P r e s id e n t , H o r n e - W i ls o n , I n c . , A t la n ta , G a . 1 9 7 3P r e s id e n t , P a t t i l lo C o n s t ru c t io n C o m p a n y , I n c . , D e c a tu r , G a . 1 9 7 4 P r e s id e n t , M i l l ik e n a n d F a r w e l l , I n c . , N e w O r le a n s , L a . 1 9 7 5


March 1973

D I R E C T O R S O F F E D E R A L R E S E R V E B A N K S A N D B R A N C H E S 2 3 1

D istr ic t 6— FEDERAL R ESER V E BANK O F ATLANTA— C o n tin u e d

T e r mBIRMINGHAM BRANCH e x p i r e s

D e c . 3 1


W a l l a c e D . M a l o n e , J r . P r e s id e n t , C h a ir m a n o f th e B o a rd , T h e F ir s t N a t io n a l B a n k o fD o th a n , A la . 1 9 7 3

C . L o g a n T a y l o r C h a ir m a n o f th e B o a rd , T h e F ir s t S ta te B a n k o f O x f o r d , A la . 1 9 7 3W . E u g e n e M o r g a n P r e s id e n t , C h ie f E x e c u t iv e O f f ic e r , T h e F i r s t N a t io n a l B a n k o f

H u n ts v i l l e , A la . 1 9 7 4J o h n T . O l iv e r P r e s id e n t , F i r s t N a t io n a l B a n k , J a s p e r , A la . 1 9 7 5


D a v id M a t h e w s 1 P r e s id e n t , U n iv e r s i ty o f A la b a m a , U n iv e r s i ty , A la . 1 9 7 3W il l ia m C . B a u e r P r e s id e n t , S o u th C e n tr a l B e l l , B i r m in g h a m , A la . 1 9 7 4

F r e d e r ic k G . K o e n i g , J r . P r e s id e n t , C h ie f E x e c u t iv e O f f ic e r , A la b a m a B y - P ro d u c tsC o r p o r a t io n , B i r m in g h a m , A la . 1 9 7 5

JA CK SO N V ILLE BRANCH


M a l c o l m C . B r o w n P r e s id e n t , C h a ir m a n o f th e B o a rd , F lo r id a F i r s t N a t io n a l B a n ka t B r e n t , P e n s a c o la , F la . 1 9 7 3

A . C l e w is H o w e l l P r e s id e n t , M a r in e B a n k & T ru s t C o m p a n y , T a m p a , F la . 1 9 7 3G u y W . B o t t s V ic e C h a ir m a n o f th e B o a rd , B a rn e t t B a n k o f J a c k s o n v i l l e , N .A . ,

J a c k s o n v i l l e , F la . 1 9 7 4M ic h a e l J . F r a n c o C h a ir m a n o f th e B o a rd , C i ty N a t io n a l B a n k o f M ia m i , F la . 1 9 7 5


H e n r y C r a g g 1 V ic e P r e s id e n t , T h e C o c a - C o la C o m p a n y F o o d s D iv i s io n , W in te rP a r k , F la . 1 9 7 3

G e r t H . W . S c h m id t P r e s id e n t , T e L e V is io n 12 o f J a c k s o n v i l l e , F la . 1 9 7 4J a m e s E . L y o n s P r e s id e n t , L y o n s I n d u s t r ia l C o r p o r a t io n , W in te r H a v e n , F la . 1 9 7 5

NASHVILLE BRANCH


D a n B . A n d r e w s P r e s id e n t , F ir s t N a t io n a l B a n k , D ic k s o n , T e n n . 1 9 7 3E d w a r d G . N e l s o n P r e s id e n t , C o m m e r c e U n io n B a n k , N a s h v i l le , T e n n . 1 9 7 3W . B r y a n W o o d a r d P r e s id e n t , K in g s p o r t N a t io n a l B a n k , K in g s p o r t , T e n n . 1 9 7 4R o b e r t E . C u r r y P r e s id e n t , F i r s t N a t io n a l B a n k o f P u la s k i , T e n n . 1 9 7 5


J a m e s W . L o n g 1 P r e s id e n t , R o b e r ts o n C o u n ty F a rm B u r e a u , S p r in g f ie ld , T e n n . 1 9 7 3E d w a r d J . B o l i n g P r e s id e n t , T h e U n iv e r s i ty o f T e n n e s s e e , K n o x v i l l e , T e n n . 1 9 7 4

J o h n C . T u n e P a r tn e r , B u t le r , M c H u g h , B u t le r , T u n e & W a t t s , N a s h v i l le ,T e n n . 1 9 7 5


March 1973


D istr ic t 6— FED ERA L R E SER V E BANK O F ATLANTA— C o n tin u e dT e n n

NEW O R LEA N S BRANCH e x p i r e sD e c . 3 1


T o m A . F l a n a g a n , J r . P r e s id e n t , L a k e s id e N a t io n a l B a n k o f L a k e C h a r le s , L a . 1 9 7 3 L a w r e n c e A . M e r r ig a n P r e s id e n t , T h e B a n k o f N e w O r le a n s a n d T ru s t C o m p a n y ,

N e w O r le a n s , L a . 1 9 7 3A r c h i e R . M c D o n n e l l P r e s id e n t , C i t iz e n s N a t io n a l B a n k , M e r id ia n , M is s . 1 9 7 4E r n e s t F . L a d d , J r . C h a i r m a n , T h e M e rc h a n ts N a t io n a l B a n k , M o b i le , A la . 1 9 7 5


B r o a d u s N . B u t l e r P r e s id e n t , D i l la rd U n iv e r s i ty , N e w O r le a n s , L a . 1 9 7 3F r e d A d a m s , J r . 1 P r e s id e n t , C a l- M a in e F o o d s , I n c . , J a c k s o n , M is s . 1 9 7 4E d w in J . C a p l a n P r e s id e n t , C a p la n ’s M e n ’s S h o p s , I n c . , A le x a n d r ia , L a . 1 9 7 5

D is tr ic t 7— FED ERA L RESER V E BANK O F CHICAGO

C l a s s A :

M e l v in C . L o c k a r d F l o y d F . W h it m o r e E d w a r d B y r o n S m it h

C l a s s B :

H o w a r d M . P a c k a r d J o h n T . H a c k e t t

O s c a r G . M a y e r

C l a s s C :

J o h n W . B a ir d W il l ia m H . F r a n k l i n 1 P e t e r B . C l a r k 2

P r e s id e n t , F ir s t N a t io n a l B a n k , M a t to o n , 111. 1 9 7 3P r e s id e n t , T h e O k e y - V e r n o n N a t io n a l B a n k , C o r n in g , I o w a 1 9 7 4 C h a ir m a n o f th e B o a rd , T h e N o r th e rn T ru s t C o m p a n y , C h ic a g o ,

111. 1 9 7 5

V ic e C h a i r m a n , S . C . J o h n s o n & S o n , I n c . , R a c in e , W is . 1 9 7 3 E x e c u t iv e V ic e P r e s id e n t , C u m m in s E n g in e C o m p a n y , I n c . ,

C o lu m b u s , In d . 1 9 7 4C h a ir m a n o f th e B o a rd , O s c a r M a y e r & C o m p a n y , M a d is o n ,

W is . 197 5

P r e s id e n t , B a ird & W a r n e r , I n c . , C h ic a g o , 111. 1 9 7 3C h a ir m a n o f th e B o a rd , C a te rp i l l a r T r a c to r C o . , P e o r ia , 111. 1 9 7 4 C h a ir m a n o f th e B o a rd , P r e s id e n t , P u b l i s h e r , T h e E v e n in g N e w s

A s s o c ia t io n , D e t r o i t , M ic h . 1 9 7 5

DETROIT BRANCH


E l l is B . M e r r y H a r o l d A . E l g a s J o s e p h B . F o s t e r

M ic h .

R o l a n d A . M e w h o r t


C h a ir m a n o f th e B o a rd , N a t io n a l B a n k o f D e t r o i t ,P r e s id e n t , G a y lo r d S ta te B a n k , G a y lo r d , M ic h .P r e s id e n t , C h ie f E x e c u t iv e O ff ic e r , A n n A r b o r B a n k , A n n A r b o r ,

M ic h .C h a i r m a n , M a n u fa c tu r e r s N a t io n a l B a n k o f D e t r o i t , M ic h .

L . W m . S e id m a n T o m K i l l e f e r

W . M . D e f o e 1

R e s id e n t P a r tn e r , S e id m a n & S e id m a n , G r a n d R a p id s , M ic h . V ic e P r e s id e n t , G e n e r a l C o u n s e l , C h r y s le r C o r p o r a t io n ,

D e t r o i t , M ic h .C h a ir m a n o f th e B o a rd , D e fo e S h ip b u i ld in g C o m p a n y ,

B a y C i ty , M ic h .

1 9 7 31 9 7 4

1 9 7 5 1 9 7 5

1 9 7 3

1 9 7 4

1 9 7 5


March 1973


D istr ic t 8— FEDERAL R ESER V E BANK O F ST. LOUIS

C l a s s A :

T e r m

e x p i r e s D e c . 3 1

B r a d f o r d B r e t t E d w in S . J o n e s W m . E . W e i g e l

C l a s s B :

F r e d I . B r o w n , J r . J a m e s M . T u h o l s k i E d w a r d J . S c h n u c k

C l a s s C :

H a r r y M . Y o u n g , J r . F r e d e r ic M . P e i r c e 1

S a m C o o p e r 2

LITTLE ROCK BRANCH

P r e s id e n t , T h e F ir s t N a t io n a l B a n k o f M e x ic o , M o . 1 9 7 3C h a ir m a n o f th e B o a rd , F ir s t N a t io n a l B a n k in S t. L o u is , M o . 1 9 7 4 E x e c u t iv e V ic e P re s id e n t , 1st N a t io n a l B a n k a n d T ru s t C o m p a n y ,

C e n tr a l i a , 111. 1 9 7 5

P r e s id e n t , A r k a n s a s F o u n d ry C o m p a n y , L it t le R o c k , A rk . 1 9 7 3P r e s id e n t , M e a d J o h n s o n & C o m p a n y , E v a n s v i l l e , In d . 1 9 7 4C h a ir m a n o f th e B o a rd , S c h n u c k M a r k e t s , I n c . , B r id g e to n , M o . 1 9 7 5

M e lro s e F a r m s , H e r n d o n , K y . 1 9 7 3C h a ir m a n o f th e B o a rd , C h ie f E x e c u t iv e O f f ic e r , G e n e r a l

A m e r ic a n L ife I n s u r a n c e C o m p a n y , S t . L o u is , M o . 1 9 7 4P r e s id e n t , H u m K o P r o d u c t s , D iv is io n o f K r a f tc o C o r p o r a t io n ,

M e m p h is , T e n n . 1 9 7 5


E d w a r d M . P e n i c k

W il l H . K e l l e y

T h o m a s G . V in s o n F ie l d W a s s o n

P r e s id e n t , C h ie f E x e c u t iv e O f f ic e r , W o r th e n B a n k & T r u s t C o m p a n y , N .A . , L it t le R o c k , A rk .

C h a i r m a n , T h e S ta te F ir s t N a t io n a l B a n k o f T e x a r k a n a , A rk .

P r e s id e n t , F i r s t N a t io n a l B a n k , B a te s v i l le , A rk .P r e s id e n t , T h e F i r s t N a t io n a l B a n k , S i lo a m S p r in g s , A rk .


R o l a n d R . R e m m e l 1

A l P o l l a r d W . M . P i e r c e

LOUISVILLE BRANCH

C h a ir m a n o f th e B o a rd , S o u th la n d B u i ld in g P ro d u c ts C o . , L it t le R o c k , A rk .

P r e s id e n t , A l P o l la rd & A s s o c ia te s , L it t le R o c k , A rk . P r e s id e n t , A r k a n s a s B u s in e s s D e v e lo p m e n t C o r p o r a t io n ,

L it t le R o c k , A rk .


H a r o l d E . J a c k s o n H u g h M . S h w a b

1 9 7 3

1 9 7 41 9 7 5 1 9 7 5

1 9 7 31 9 7 4

1 9 7 5

1 9 7 3

H e r b e r t J . S m it h

T o m G . V o s s


P r e s id e n t , T h e S c o t t C o u n ty S ta te B a n k , S c o t t s b u r g , In d .C h a ir m a n o f th e B o a rd s , F i r s t N a t io n a l B a n k o f L o u is v i l l e ,

T h e K e n tu c k y T ru s t C o m p a n y , L o u is v i l l e , K y . 1 9 7 4P r e s id e n t , T h e A m e r ic a n N a t io n a l B a n k & T r u s t C o m p a n y o f

B o w l in g G r e e n , K y . 1 9 7 5P r e s id e n t , T h e S e y m o u r N a t io n a l B a n k , S e y m o u r , I n d . 1 9 7 5

W i l l ia m H . S t r o u b e 1

J a m e s C . H e n d e r s h o t

J a m e s H . D a v is

A s s o c ia te D e a n , C o l le g e o f S c ie n c e a n d T e c h n o lo g y , W e s te rn K e n tu c k y U n iv e r s i ty , B o w lin g G r e e n , K y . 1 9 7 3

P r e s id e n t , C h ie f O p e r a t in g O f f ic e r , R e l ia n c e U n iv e r s a l I n c . , L o u is v i l l e , K y . 1 9 7 4

C h a i r m a n , C h ie f E x e c u t iv e O f f ic e r , P o r te r P a in t C o m p a n y , L o u is v i l l e , K y . 1 9 7 5


March 1973


D istr ic t 8— FEDERAL R ESER V E BANK O F ST. LOUIS— C o n tin u e dT e r m

MEM PHIS BRANCH e x p i r e sD e c . 3 1


J . J . W h i t e P r e s id e n t , H e le n a N a t io n a l B a n k , H e le n a , A r k . 1 9 7 3G a r n e r L . H ic k m a n C h a i r m a n , P r e s id e n t , T h e F i r s t N a t io n a l B a n k o f O x f o r d , M is s . 1 9 7 4R id l e y A l e x a n d e r C h a i r m a n , T h e S e c o n d N a t io n a l B a n k o f J a c k s o n , T e n n . 1 9 7 5C . B e n n e t t H a r r is o n C h a ir m a n o f th e B o a rd , U n io n P la n te r s N a t io n a l B a n k o f

M e m p h is , T e n n . 1 9 7 5


A l v in H u f f m a n , J r . 1 P r e s id e n t , H u f fm a n B r o th e r s I n c o r p o r a te d , B ly th e v i l l e , A rk . 1 9 7 3 C . W h i t n e y B r o w n P r e s id e n t , S . C . T o o f & C o m p a n y , M e m p h is , T e n n . 1 9 7 4 J e a n n e L . H o l l e y A s s is ta n t P r o f e s s o r o f B u s in e s s E d u c a t io n a n d O ffic e A d m in i s

t r a t io n , U n iv e r s i ty o f M is s i s s ip p i , U n iv e r s i ty , M is s . 1 9 7 5

D is tr ic t 9— FEDERAL R ESER V E BANK O F M INNEAPOLIS

C l a s s A :

P h i l i p H . N a s o n

R o y H . J o h n s o n D a v id M . S m it h

C l a s s B :

D a l e V . A n d e r s e n J o h n H . B a il e y D a v id M . H e s k e t t

C l a s s C :

R u s s B . H a r t B r u c e B . D a y t o n 2

D a v id M . L i l l y 1

C h a ir m a n o f th e B o a rd , T h e F irs t N a t io n a l B a n k o f S a in t P a u l ,M in n . 1 9 7 3

P r e s id e n t , T h e F i r s t N a t io n a l B a n k o f N e g a u n e e , M ic h . 1 9 7 4P r e s id e n t , 1st N a t io n a l B a n k , R iv e r F a l l s , W is . 1 9 7 5

P r e s id e n t , M i tc h e ll P a c k in g C o m p a n y , I n c . , M i tc h e l l , S .D . 1 9 7 3 P r e s id e n t , T h e C r e te x C o m p a n ie s , I n c . , E lk R iv e r , M in n . 1 9 7 4 P r e s id e n t , M o n ta n a - D a k o ta U t i l i t ie s C o . , B i s m a rc k , N .D . 1 9 7 5

P r e s id e n t , H a r t -A lb in C o m p a n y , B i l l in g s , M o n t . 1 9 7 3 C h a ir m a n o f th e B o a rd , D a y to n H u d s o n C o r p o r a t io n ,

M in n e a p o l is , M in n . 1 9 7 4C h a ir m a n o f th e B o a rd , T h e T o r o C o m p a n y , M in n e a p o l i s , M in n . 1 9 7 5

HELENA BRANCH


R ic h a r d D . R u b ie P r e s id e n t , M is s o u la B a n k o f M o n ta n a , M is s o u la , M o n t . 1 9 7 3R o b e r t I . P e n n e r P r e s id e n t , C i t iz e n s F i r s t N a t io n a l B a n k , W o l f P o in t , M o n t . 1 9 7 4J o h n R e i c h e l P r e s id e n t , 1st N a t io n a l B a n k in B o z e m a n , M o n t . 1 9 7 4


W il l ia m A . C o r d i n g l e y 1 P u b l i s h e r , G r e a t F a l ls T r ib u n e , G r e a t F a l l s , M o n t . 1 9 7 3W a r r e n B . J o n e s 2 S e c r e ta r y - T r e a s u r e r , T w o D o t L a n d a n d L iv e s to c k C o m p a n y ,

H a r lo w to n , M o n t . 1 9 7 4


March 1973

D I R E C T O R S O F F E D E R A L R E S E R V E B A N K S A N D B R A N C H E S 235

D istr ic t 10— FED ERA L R ESER V E BANK O F KAN SA S CITYT e r m

e x p i r e s

D e c . 3 1

C l a s s A :

C . M o s e M i l l e r

J o h n A . O ’L e a r y R o g e r D . K n i g h t , J r .

C l a s s B :

A l f r e d E . J o r d a n F r a n k C . L o v e C e c il O . E m r ic h

C l a s s C :

R o b e r t T . P e r s o n 2

R o b e r t W . W a g s t a f f 1

H a r o l d W . A n d e r s o n

DENVER BRANCH


J o h n W . H a y , J r . P r e s id e n t , R o c k S p r in g s N a t io n a l B a n k , R o c k S p r in g s , W y o . 1 9 7 3D a l e R . H in m a n C h a ir m a n o f th e B o a rd , T h e G r e e le y N a t io n a l B a n k , G r e e le y ,

C o lo . 1 9 7 4R o b e r t L . T r ip p P r e s id e n t , A lb u q u e r q u e N a t io n a l B a n k , A lb u q u e r q u e , N .M . 1 9 7 4


M a u r i c e B . M i t c h e l l 1 C h a n c e l lo r , U n iv e r s i ty o f D e n v e r , C o lo . 1 9 7 3E d w a r d R . L u c e r o E x e c u t iv e D i r e c to r , C o lo r a d o E c o n o m ic D e v e lo p m e n t

A s s o c ia t io n , D e n v e r , C o lo . 1 9 7 4



W . H . M c D o n a l d C h a ir m a n o f th e E x e c u t iv e C o m m it te e , T h e F i r s t N a t io n a l B a n ka n d T ru s t C o m p a n y o f O k la h o m a C i ty , O k la . 1 9 7 3

H u g h C . J o n e s E x e c u t iv e V ic e P re s id e n t , T h e B a n k o f W o o d w a r d , O k la . 1 9 7 4M a r v in M il l a r d C h a ir m a n o f th e B o a rd , N a t io n a l B a n k o f T u ls a , O k la . 1 9 7 4


J o s e p h H . W il l i a m s 1 P r e s id e n t , C h ie f O p e r a t in g O ff ic e r , T h e W i l l i a m s C o m p a n ie s ,T u ls a , O k la . 1 9 7 3

H a r l e y C u s t e r G e n e r a l M a n a g e r , O k la h o m a L iv e s to c k M a rk e t in g A s s o c ia t io n ,O k la h o m a C i ty , O k la . 1 9 7 4

C h a ir m a n o f th e B o a rd , P r e s id e n t , T h e F a r m e r s a n d M e rc h a n tsS ta te B a n k , C o lb y , K a n s . 1 9 7 3

C h a ir m a n o f th e B o a rd , T h e P e o p le s S ta te B a n k , L u ra y , K a n s . 1 9 7 4 C h a ir m a n o f th e B o a rd , U n i te d B a n k s o f C o lo r a d o , I n c . , D e n v e r ,

C o lo . 1 9 7 5

V ic e P r e s id e n t , T ra n s W o r ld A i r l in e s , I n c . , K a n s a s C i ty , M o . 1 9 7 3P r e s id e n t , K e r r - M c G e e C o r p o r a t io n , O k la h o m a C i ty , O k la . 1 9 7 4P r e s id e n t , C . O . E m r ic h E n te r p r i s e s , N o r f o lk , N e b r . 1 9 7 5

P r e s id e n t , C h a i r m a n o f th e B o a rd , P u b l ic S e r v ic e C o m p a n y o fC o lo r a d o , D e n v e r , C o lo . 1 9 7 3

C h a ir m a n o f th e B o a rd , P r e s id e n t , C o c a - C o la B o t t l in g C o m p a n yo f M id - A m e r ic a , K a n s a s C i ty , M o . 1 9 7 4

P r e s id e n t , W o r ld P u b l i s h in g C o m p a n y , O m a h a W o r ld H e r a ld ,O m a h a , N e b r . 1 9 7 5


March 1973


D istr ic t 10— FEDERAL R ESER V E BANK O F K A N SA S CITY— C o n tin u e dT e r m

OMAHA BRANCH e x p i r e sD e c . 3 1


S . N . W o l b a c h P r e s id e n t , T h e F irs t N a t io n a l B a n k o f G r a n d I s la n d , N e b r . 1 9 7 3G l e n n Y a u s s i C h a ir m a n o f th e B o a rd , N a t io n a l B a n k o f C o m m e r c e T ru s t &

S a v in g s , L in c o ln , N e b r . 1 9 7 3E d w a r d W . L y m a n P r e s id e n t , T h e U n i te d S ta te s N a t io n a l B a n k o f O m a h a , N e b r . 1 9 7 4


A . J a m e s E b e l 1 V ic e P r e s id e n t , G e n e r a l M a n a g e r , C o r n h u s k e r T e le v i s io nC o r p o r a t io n , L in c o ln , N e b r . 1 9 7 3

E d w a r d F . O w e n s P r e s id e n t , P a x to n & V ie r l in g S te e l C o m p a n y , C a r te r L a k e , N e b r . 1 9 7 4

D istr ic t 11— FED ERA L RESER V E BANK O F DALLAS

C l a s s A :

J . V . K e l l y C h a ir m a n o f th e B o a rd , T h e P e o p le s N a t io n a l B a n k o f B e l to n ,T e x . 1 9 7 3

A . W . R i t e r , J r . P r e s id e n t , T h e P e o p le s N a t io n a l B a n k o f T y le r , T e x . 1 9 7 4R o b e r t H . S t e w a r t , I II C h a ir m a n o f th e B o a rd , F ir s t I n te rn a t io n a l B a n c s h a r e s , I n c . ,

D a l la s , T e x . 1 9 7 5

C l a s s B :

C a r l D . N e w t o n

H u g h F . S t e e n T h o m a s W . H e r r ic k

C l a s s C :

J o h n L a w r e n c e 2 C h a s . F . J o n e s 1

C h a r l e s T . B e a ir d

EL PA SO BRANCH


C u l l e n J . K e l l y P r e s id e n t , T h e F irs t N a t io n a l B a n k o f M id la n d , T e x . 1 9 7 3W a y n e S t e w a r t P r e s id e n t , F ir s t N a t io n a l B a n k in A la m o g o r d o , N .M . 1 9 7 4

R e e d H . C h it t im P r e s id e n t , C h ie f E x e c u t iv e O ff ic e r , F ir s t N a t io n a l B a n k o fL e a C o u n ty , H o b b s , N .M . 1 9 7 5

S a m D . Y o u n g , J r . P r e s id e n t , E l P a s o N a t io n a l B a n k , E l P a s o , T e x . 1 9 7 5


H e r b e r t M . S c h w a r t z 1 P re s id e n t , P o p u la r D ry G o o d s C o . , I n c . , E l P a s o , T e x . 1 9 7 3G a g e H o l l a n d 2 G a g e H o l la n d R a n c h , M a r a th o n , T e x . 1 9 7 4A l l a n B . B o w m a n P r e s id e n t , G e n e r a l M a n a g e r , B a n n e r M in in g C o m p a n y , T u c s o n ,

A r iz . 1 9 7 5

C h a ir m a n o f th e B o a rd , D r e s s e r I n d u s t r i e s , I n c . , D a l la s , T e x . 19 7 3 D e a n , C o l le g e o f B u s in e s s A d m in is t r a t io n , U n iv e r s i ty o f

H o u s to n , T e x . 1 9 7 4C h a ir m a n o f th e B o a rd , B e a i rd - P o u la n , S h r e v e p o r t , L a . 1 9 7 5

C h a ir m a n o f th e B o a rd , F o x -S ta n le y P h o to P r o d u c t s , I n c . ,S a n A n to n io , T e x . 1 9 7 3

P r e s id e n t , E l P a s o N a tu r a l G a s C o m p a n y , E l P a s o , T e x . 1 9 7 4P r e s id e n t , M e s a A g ro I n c . , A m a r i l lo , T e x . 19 7 5


March 1973


D istr ic t 11— FEDERAL R ESER V E BANK O F DALLAS— C o n tin u e d

HOUSTON BRANCH


T e r m

e x p i r e s

D e c . 3 1

K l i n e M c G e e C h a ir m a n o f th e B o a rd , S o u th e r n N a t io n a l B a n k o fH o u s to n , T e x . 1 9 7 3

S e t h W . D o r b a n d t C h a ir m a n o f th e B o a rd , P r e s id e n t , F i r s t N a t io n a l B a n k inC o n r o e , T e x . 1 9 7 4

B o o k m a n P e t e r s P r e s id e n t , T h e C i ty N a t io n a l B a n k o f B r y a n , T e x . 1 9 7 5N a t S . R o g e r s P r e s id e n t , F i r s t C i ty N a t io n a l B a n k o f H o u s to n , T e x . 1 9 7 5


M . S t e e l e W r i g h t , J r . 1 C h a ir m a n o f th e B o a rd , T e x a s F a rm P ro d u c ts C o m p a n y ,N a c o g d o c h e s , T e x . 1 9 7 3

R . M . B u c k l e y 2 P r e s id e n t , D i r e c to r , E a s te x I n c o r p o r a te d , S i l s b e e , T e x . 1 9 7 4A l v in P . T h o m a s P r e s id e n t , P ra i r ie V ie w A & M C o l le g e , P ra i r ie V ie w , T e x . 1 9 7 5

SAN ANTONIO BRANCH


R a y M . K e c k , J r . C h a ir m a n o f th e B o a rd , P r e s id e n t , U n io n N a t io n a l B a n k o fL a r e d o , T e x . 1 9 7 3

L e o n S t o n e P r e s id e n t , T h e A u s tin N a t io n a l B a n k , A u s t in , T e x . 1 9 7 4R ic h a r d W . C a l v e r t P r e s id e n t , N a t io n a l B a n k o f C o m m e r c e o f S a n A n to n io , T e x . 1 9 7 5 W . O . R o b e r s o n P r e s id e n t , F i r s t N a t io n a l B a n k a t B r o w n s v i l l e , T e x . 1 9 7 5


I r v in g A . M a t h e w s 1 C h a ir m a n o f th e B o a rd , C h ie f E x e c u t iv e O f f ic e r , F ro s t B r o s . ,I n c . , S a n A n to n io , T e x . 1 9 7 3

M a r s h a l l B o y k i n , I I I 2 P a r tn e r , W o o d , B o y k in & W o l te r , C o r p u s C h r i s t i , T e x . 1 9 7 4P . J . M o r a l e s , J r . E x e c u t iv e V ic e P r e s id e n t , G e n e r a l M a n a g e r , M o r a le s F e e d lo t s ,

I n c . , D e v in e , T e x . 1 9 7 5

D is tr ic t 12— FED ERA L R ESER V E BANK O F SAN FRA N C ISC O

C l a s s A :

A . W . C l a u s e n

C a r l E . S c h r o e d e r

J a m e s E . P h i l l i p s

C l a s s B :

M a r r o n K e n d r ic k

C h a r l e s R . D a h l

J o s e p h R o s e n b l a t t

P r e s id e n t , C h ie f E x e c u t iv e O f f ic e r , B a n k o f A m e r ic a N T & S A ,S a n F r a n c i s c o , C a l i f . 1 9 7 3

P r e s id e n t , T h e F irs t N a t io n a l B a n k o f O r a n g e C o u n ty , O r a n g e , C a l i f . 1 9 7 4

P r e s id e n t , F ir s t N a t io n a l B a n k in P o r t A n g e le s , W a s h . 1 9 7 5

P r e s id e n t , C h a ir m a n o f th e B o a rd , S c h la g e L o c k C o m p a n y ,S a n F r a n c i s c o , C a l i f . 1 9 7 3

P r e s id e n t , C h ie f E x e c u t iv e O f f ic e r , C r o w n Z e l le r b a c h ,S a n F r a n c i s c o , C a li f . 1 9 7 4

H o n o r a ry C h a ir m a n o f th e B o a rd , T h e E im c o C o r p o r a t io n ,S a l t L a k e C i ty , U ta h 1 9 7 5


March 1973


D istr ic t 12— FED ERA L R ESER V E BANK O F SAN FR A N C ISC O — C o n tin u e dT e r m

e x p i r e s

D e c . 3 1

C l a s s C :

O . M e r e d i t h W i l s o n 1 P r e s id e n t , D i r e c to r , C e n te r fo r A d v a n c e d S tu d y in th e B e h a v io ra lS c ie n c e s , S ta n f o r d , C a l i f . 1 9 7 3

M a s O j i P r e s id e n t , O ji B ro s . F a r m , I n c . , Y u b a C i ty , C a li f . 1 9 7 4J o s e p h F . A l i b r a n d i2 P r e s id e n t , W h i t t a k e r C o r p o r a t io n , L o s A n g e le s , C a l i f . 1 9 7 5

LO S A N G ELES BRANCH


C a r l E . H a r t n a c k P r e s id e n t , S e c u r i ty P a c if ic N a t io n a l B a n k , L o s A n g e le s , C a l i f . 1 9 7 3L in u s E . S o u t h w i c k P r e s id e n t , V a l le y N a t io n a l B a n k , G le n d a le , C a l i f . 1 9 7 3 R a y b u r n S . D e z e m b e r C h a ir m a n o f th e B o a rd , P r e s id e n t , A m e r ic a n N a t io n a l B a n k ,

B a k e rs f ie ld , C a l i f . 1 9 7 4W . G o r d o n F e r g u s o n P r e s id e n t , N a t io n a l B a n k o f W h i t t i e r , C a l i f . 1 9 7 5


E d w a r d A . S l o a n 1 P r e s id e n t , S l o a n ’s D ry C le a n e r s , L o s A n g e le s , C a l i f . 1 9 7 3R u t h H a n d l e r P r e s id e n t , M a t te l , I n c . , H a w th o r n e , C a l i f . 1 9 7 4L e l a n d D . P r a t t P r e s id e n t , K e lc o C o m p a n y , S a n D ie g o , C a l i f . 1 9 7 5

PORTLAN D BRANCH


L e R o y B . S t a v e r C h a ir m a n o f th e B o a rd , C h ie f E x e c u t iv e O f f ic e r , U n i te d S ta te sN a t io n a l B a n k o f O r e g o n , P o r t l a n d , O r e g . 1 9 7 3

F r a n k L . S e r v o s s P r e s id e n t , C r a te r N a t io n a l B a n k * o f M e d f o r d , O r e g . 1 9 7 4J a m e s H . S t a n a r d V ic e P r e s id e n t , F ir s t N a t io n a l B a n k o f M c M in n v i l l e , O r e g . 1 9 7 4


F r a n k A n d e r s o n 1 F a r m e r , H e p p n e r , O r e g . 1 9 7 3J o h n R . H o w a r d P r e s id e n t , L e w is a n d C la rk C o l le g e , P o r t l a n d , O r e g . 1 9 7 4



J o s e p h B ia n c o C h a ir m a n o f th e B o a rd , P r e s id e n t , B a n k o f I d a h o , B o is e , I d a h o 1 9 7 3R o d e r ic k H . B r o w n i n g P r e s id e n t , B a n k o f U ta h , O g d e n , U ta h 1 9 7 4R o y W . S im m o n s P r e s id e n t , Z io n s F ir s t N a t io n a l B a n k , S a l t L a k e C i ty , U ta h 1 9 7 4


T h e o d o r e C . J a c o b s e n 1 C h a ir m a n o f th e B o a rd , J a c o b s e n C o n s t r u c t io n C o m p a n y , I n c . ,S a l t L a k e C i ty , U ta h 1 9 7 3

S a m H . B e n n i o n S e c r e ta r y - T r e a s u r e r , V - l O il C o m p a n y , I n c . , a n d W e a th e r t i t eB lo c k C o . , I d a h o F a l l s , I d a h o 1 9 7 4


March 1973


D istr ic t 12— FED ERA L R E SER V E BANK O F SAN FR A N C ISC O — C o n tin u e dT e r m

SEA TTLE BRANCH e x p i r e sD e c . 3 1


J o s e p h C . B a il l a r g e o n C h a ir m a n o f th e B o a rd , C h ie f E x e c u t iv e O f f ic e r , S e a t t le T r u s t& S a v in g s B a n k , S e a t t le , W a s h . 1 9 7 3

H a r r y S . G o o d f e l l o w P r e s id e n t , O ld N a t io n a l B a n k o f W a s h in g to n , S p o k a n e , W a s h . 1 9 7 4 R o b e r t C . W h it w a m P r e s id e n t , A m e r ic a n N a t io n a l B a n k o f E d m o n d s , W a s h . 1 9 7 4


T h o m a s T . H i r a i1 P r e s id e n t , Q u a l i ty G r o w e r s C o m p a n y , I n c . , W o o d in v i l l e , W a s h . 1 9 7 3C . H e n r y B a c o n , J r . V ic e C h a ir m a n o f th e B o a rd , S im p s o n T im b e r C o m p a n y , S e a t t l e ,

W a s h . 1 9 7 4


March 1973

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