INDUSTRIAL PRICE INDEX

INDUSTRIAL PRICE INDEX

Daily

Index Textiles Metals Misc.Smoothed

percent Change, -1.00 -2.39 8.52 7.10

Anl. Rate*

4/20

1988 97.6 89.4 103.9 96.6

One

Month 98.4 90.9 105.0 96.9

Ago

Three

Months 97.5 90.1 102.7 96.8

Ago

4/21

1987 93.5 85.7 89.5 99.8

Commodity Base: 1980=100

Advances: Burlap, aluminum, tin

Declines: Cotton, copper, plywood, crude oil.

Daily Index monthly average - March 97.9

1988 High: 99.0 Low: 96.3

*A smoothed percent change is an annual rate and is based on the ratio of the current day's index to the average over the preceding 250 working days.