JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 20, '94 - July 20, '95 (a graph)

(2)DAILY INDEX* Annual Smoothed percent +4.83

1 Mo. ago 114.6

3 Mo. ago 115.2

Year ago 105.0

7/06 114.9

7/07 115.0

7/10 115.0

7/11 115.4

7/12 115.6

7/13 115.6

7/14 115.5

7/17 115.8

7/18 115.4

7/19 115.0

7/20 114.6

(3) TEXTILES

* Annual Smoothed percent +13.95

1 Mo. ago 118.6

3 Mo. ago 114.1

Year ago 98.7

7/07 117.6

7/10 117.2

7/11 117.5

7/12 117.3

7/13 116.9

7/14 116.7

7/17 116.8

7/18 116.6

7/19 115.7

7/20 115.3

(4) METALS

* Annual Smoothed percent +11.64

1 Mo. ago 104.0

3 Mo. ago 100.3

Year ago 89.1

7/07 104.1

7/10 104.4

7/11 104.5

7/12 105.3

7/13 105.2

7/14 105.6

7/17 106.0

7/18 105.3

7/19 104.9

7/20 104.8

(5) CRUDE OIL & BENZENE

* Annual Smoothed percent -10.54

1 Mo. ago 80.8

3 Mo. ago 88.9

Year ago 87.1

7/07 79.9

7/10 79.6

7/11 80.9

7/12 81.1

7/13 80.8

7/14 80.3

7/17 80.6

7/18 80.6

7/19 81.0

7/20 80.5

(6) MISCELLANEOUS

* Annual smoothed percent -1.21

1 Mo. ago 141.0

3 Mo. ago 146.2

Year ago 138.4

7/07 144.2

7/10 144.5

7/11 144.5

7/12 144.5

7/13 145.0

7/14 145.1

7/17 145.3

7/18 144.7

7/19 144.2

7/20 143.7

Commodity Base 1990 = 100

AT 52-WEEK HIGH: Burlap, polyester, copper.

AT 52-WEEK LOW: None.

ADVANCES: Tin.

DECLINES: Cotton, zinc, rubber, crude oil, aluminum.

1994 High: 113.6 1994 Low: 92.9

1995 High: 115.9 1995 Low: 112.2

* A smoothed percent change is an annual rate indicating the pace of the group's inflation. SOURCE: The Center for International Business Cycle Research at Columbia University, telephone: 212-280-2895.

Commodity prices are in Spot Commodities table on page 9B.