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March 11, 1994|From Times Staff and Wire Reports

Retail Money Market Fund Assets Up $4.27 Billion: Assets of the nation's 659 retail money market mutual funds rose to $411.64 billion for the week ended Wednesday, the Investment Company Institute reported. Assets of the 408 taxable money market funds in the retail category rose by $2.51 billion to $317.70 billion; the 251 tax-exempt funds' assets increased by $1.76 billion to $93.93 billion. Assets of the 284 institutional money market funds increased by $2.78 billion to $182.37 billion for the same period. Among institutional funds, the 230 taxable money market fund assets rose by $2.39 billion to $158.39 billion; assets of the 54 tax exempt funds increased by $392.9 million to $23.98 billion.

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