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BRIEFLY

February 26, 1988

San Francisco-based Wells Fargo Mortgage & Equity Trust announced that negotiations with Cal Fed Syndications relating to the sale of substantially all of the real estate equity investments of the trust have been terminated . . . The Investment Company Institute reported that the assets of the nation's 418 money market mutual funds climbed $2.56 billion in the week ended Feb. 24 to a record high level of $279.99 billion.

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