FED EXPECTED TO ADD RESERVES, ECONOMISTS SAY
The Federal Reserve is expected to
enter the U.S. government securities market to add reserves
today, economists said.
    They said the Fed would probably supply temporary reserves
indirectly by arranging one to two billion dlrs of customer
repurchase agreements.
    After averaging 6.21 pct yesterday, federal funds were
opened at 6-1/8 pct and remained at that level.
 Reuter
