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To: Les H who wrote (4669)	1/10/2003 9:09:30 AM
From: Les H	Read Replies (2) \| Respond to of 29600

Fed had one large 1-day net misses in reserve projections Thu January 9, 2003 04:37 PM ET NEW YORK, Jan 9 (Reuters) - The Federal Reserve said on Thursday it had one large one-day net misses in its reserve projections. The miss occured on January 2, when Treasury deposits with Fed banks and Fed liabilities changes were lower than anticpiated, and currency in circulation was greater than anticipated, resulting in higher reserves than expected. Transportation float averaged about $750 million per day, with the highest on Friday, January 3, at about $1.3 billion, due to inclement weather in the Midwest and Northeast.

To: Les H who wrote (4669)	1/10/2003 10:14:52 AM
From: Les H	Read Replies (3) \| Respond to of 29600

daily fed feed bag for Friday Jan 10, 2003 O/N RP added today O/N RP expired today running totals so far total onite multi notes F 01/10 21.999 1.999 20.000 H 01/09 27.750 7.750 20.000 W 01/08 33.750 6.250 27.500 T 01/07 27.500 0.000 27.500 M 01/06 27.500 0.000 27.500 F 01/03 24.000 0.000 24.000 H 01/02 38.000 8.000 30.000 T 12/31 39.500 0.000 39.500 expired repos none accumulated multi-day repos total 20.000 H 12/19 9.000 28-day rp due 01/16 H 12/26 5.000 28-day rp due 01/23 H 01/02 3.000 28-day rp due 01/28 H 01/09 3.000 28-day rp due 02/06