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Baker Hughes Inc., Houston, reported that the...

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Baker Hughes Inc., Houston, reported that the number of working oil and gas rigs in the United States jumped this week by 51 to total 945. A year ago, the count was 983 . . . The Federal Reserve said the average yield for one-year T-bills, the most popular index for making changes in adjustable-rate mortgages, rose to 7.89% last week from 7.85% the week before.

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