Figures that being from Iowa you'd be thinking of WatFor (Waterloo Fortran).
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WATFOR is an in-core, load-and-go compiler which has been implemented within the IBM 7040/44 operating system. FORTRAN IV was selected as the source language in order to achieve maximum language compatibility with other available compiling systems, in particular the IBM 7040/44 FORTRAN IV system. The principal advantage of the WATFOR compiler is that it translates FORTRAN IV programs at speeds of up to 100 statements per second. Since the compiler resides in core there is virtually no systems overhead, and hence large batches of “student” programs may be processed very efficiently. The compiler also provides extensive error diagnostics, during both the compilation and the execution phases of a program run. This feature makes the system attractive to both learners and learned users alike."
My very first class as a freshman in college (1969) was about programing graphics applications in Fortran IV. In those days "computer graphics" referred to using computers to generated drawings on a pen plotter. My first attempt resulted in a 400 ft straight line ("program terminated by operator"). Eventually I managed to draw the famous "Three Pronged Blivet"
http://en.wikipedia.org/wiki/Blivet on the plotter and even learned to generate images on a vector graphics display (a CRT where you could cause a sequence of vectors (lines) to be repeatedly drawn. Once you got past about 200 lines the display flickered terribly.