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To: Mohan Marette who wrote (89209)	1/14/1999 11:22:00 AM
From: Frank Ellis Morris	Read Replies (1) \| Respond to of 176388

We keep getting good news yet the Dow keeps falling everyday. I thought for sure today was going to be an up day. January is a bad period to have a down span. Frank

To: Mohan Marette who wrote (89209)	1/15/1999 9:52:00 AM
From: Lee	Read Replies (1) \| Respond to of 176388

Morning Mo,..Re:.Industrial Production Thanks for the CPI report yesterday. No inflation! Here's the industrial production data and it looks like the manufacturing sector might have turned the corner. bog.frb.fed.us Industrial production increased 0.2 percent in December. Manufacturing output increased 0.2 percent, the third month of consecutive gains Capacity utilization stood at 80.9 percent in December. Glad you're back and feeling better, Happy Friday, Lee