Halo stars in the immediate solar neighbourhood

We have searched the Forth Catalogue of Nearby Stars for halo stars and identified 15 subdwarfs and a high velocity white dwarf in the solar neighbourhood. This search was motivated mainly by the recent determinations of MACHO masses of about 0.5 M_sun, which are typical for halo dwarfs. The local mass density of the stars is 1.5 10^{-4} M_sun pc^{-3}, which is only 3% of the current estimate of the local mass density of the MACHO population. We compare the local density of subdwarfs with constraints set by HST observations of distant red dwarfs. Using models of the stellar halo with density laws that fall off like r^{-\alpha}, \alpha = 3.5 to 4, we find that the HST constraints can only be matched, if we assume that the stellar halo is flattened with an axial ratio of about 0.6. The non-detection of the analogues of MACHOs in the solar neighbourhood allows to set an upper limit to the luminosity of MACHOs of M_B > 21 magnitudes.