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Inspired by a strong stock market, investors poured money into mutual funds in January. Sales of mutual funds other than short-term funds rose to a record $7 billion in January, according to the Investment Company Institute. The sales were up from $4.1 billion in December and the previous monthly high of $4.7 billion set in April, 1983. Redemptions of funds fell to $2.3 billion from $2.4 billion in December.
