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Centaur Partners, New York, said it had...

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Centaur Partners, New York, said it had received commitments for all of the financing required for its $765-million bid for Philadelphia-based Pennwalt Corp. . . . The Federal Reserve said the average yield for one-year T-bills, the most popular index for making changes in adjustable-rate home mortgages, fell to 8.96% last week after averaging 9.11% the week before.

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