Chase Manhattan enters New Jersey with two branch buy
Chase Manhattan Corp acquired two New Jersey offices with 115 million in deposits from Resolution Trust Corp for Carteret Federal Savings Bank. The RTC took over Carteret in December 1992. The deal creates Chase Manhattan Bank of New Jersey, its first consumer banking foray in the state.
MENTIONED IN THIS ARTICLE
New York
Chase Manhattan Corp
New Jersey
Garden State
Resolution Trust Corp
Carteret Federal Savings Bank
Carteret
RTC
Chase Manhattan Bank of New Poat
Chase
Donald L. Boudrea
Commodities Trading Report Opens With Latest Prices
Market brief notes 1117.48 sales up 453 with 1 006 barrels traded. Indicates daily price movement in early session with YM index, open high low and settle not fully provided.
Houston and Texas grain markets report Friday prices
Houston cash grain markets show bids and offers for corn soybeans and wheat across regions with no quotes for some classes. Fort Worth and Springfield notes detail export wheat and corn values, truck and rail bids, and terminal elevator activity amid varying regional prices and open interest.
MENTIONED IN THIS ARTICLE
Houston (Ap
Houston
U.S
Austin
Texas
High Plains
Fort Worth, Texas
Fort Worth
Livestock prices across multiple markets report steady to higher hogs
National Stockyards Illinois hogs 900 head steady to 50 cents higher with 220-260 lb at 38.50 to 38.75 and 200-230 lb at 32.00 to 34.00. Omaha prices show U S 1-3 220-260 lb at 39.50. San Antonio weekly auction receipts 1,538 with feeder steers and heifers and slaughter cows and bulls quoted. general ranges for various weights and classes across markets including barrows and gilts and replacement cows with calves and feeder offerings.
MENTIONED IN THIS ARTICLE
National Stockyards
Ill
Seeb Babee
Omaha
Neb
USDA
U.S
San Antonio
Pymon
Eter
Ote Ae
Unleaded gas prices drop to three month low
New York prices for wholesale unleaded gasoline fell to 52.47 cents per gallon for April delivery on the NYMEX as inventories and refining output improved. Analyst Roger Volz cited a sharp sell off to cap a three day market slide, while crude and heating oil moved with colder weather forecasts kept heating demand. North Sea Brent settled at 16.46 dollars a barrel in London.
MENTIONED IN THIS ARTICLE
New York
Maran Eet Aesie
New York Mercantile Exchange
Roger Volz
Pegasus Nometric Group
American Petroleum Oe
Volz
London
North Sea
International Petroleum Exchange
Aid to Mexico grows by 3 billion in US rescue effort
The Clinton administration released 3 billion to support Mexico’s economy amid a fiscal austerity push by Mexico’s government. Rubin and Greenspan defended US involvement as necessary to stabilize markets and protect the dollar. Critics in Congress questioned the program’s efficacy and warned against political backlash. The peso rebounded after hitting record lows, while the dollar gained against the yen and mark.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Mexico
U.S
Treasury
Robert Rubin
Ernesto Zedillo
Rubin
Federal Reserve
Alan Greenspan
Senate
Greenspan
Senate Banking Committee
United States
Treasury Department Defense Fund
New York
Aia
Alfonso D’amato
Bob Dole
Christopher Dodd
D-Conn
Banking Committee
Congress
Peso soars as Mexico unveils harsh austerity plan
Mexico's peso jumps 18.6 percent against the dollar after a government austerity package is announced as the country faces a deepening recession. The stock market closes higher with the main index up 3.2 percent and heavy trading activity noted.
MENTIONED IN THIS ARTICLE
Ident Clinton
Mexico
New York Stock Exchange
Emnesto Zedillo
Software bug halts Prodigy email delivery crash
New York AP reports a software glitch in Prodigy Services Co system caused 4900 emails to vanish and 473 messages to be misdelivered during a two hour window on Thursday. The issue disrupted subscribers of the Prodigy service and affected about 2 million customers. Messages were lost between Internet senders and Prodigy subscribers. correction took about five hours. Electronic notices reached some senders of misdirected emails.
MENTIONED IN THIS ARTICLE
New York
Anid Pridey Belins
Frida
Pridiey Services Co
Prodigy
Theer
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Chase Manhattan
Thu
High Plains Grain
Fort Worth Grain
Springfield
Chicago
F.g
Colorado
Reds
Minnesota
North Dakota
Wisconsin
Oregon
Idaho
Russell
Canna
Low
Thu's
CBT
Chicago Board of Trade
CME
Chicago Mercantile Exchange
CSCE
New York Coffee, Sugar and Cocaa Exchange
CTH
New York Cotton Exchange
NYM
Pru
Houston Cash
Amarillo
Omaha Livestock
SAN Antonio Livestock
San Angelo
West Texas Intermediate
West Texas
Sour
Light
Brent
Alaska North
Bayer Guide
Pg Son
Mexico City
Baker-Hughes
Debra Simpson