JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 27, '94 - July 27, '95 (a graph)

(2)DAILY INDEX* Annual Smoothed percent +2.48

1 Mo. ago 115.1

3 Mo. ago 115.2

Year ago 104.2

7/13 115.6

7/14 115.5

7/17 115.8

7/18 115.4

7/19 115.0

7/20 114.6

7/21 114.0

7/24 113.9

7/25 113.2

7/26 113.4

7/27 113.5

(3) TEXTILES

* Annual Smoothed percent +12.93

1 Mo. ago 118.5

3 Mo. ago 114.1

Year ago 99.3

7/14 116.7

7/17 116.8

7/18 116.6

7/19 115.7

7/20 115.3

7/21 115.3

7/24 115.0

7/25 115.0

7/26 115.0

7/27 115.1

(4) METALS

* Annual Smoothed percent +8.76

1 Mo. ago 104.1

3 Mo. ago 100.9

Year ago 87.1

7/14 105.6

7/17 106.0

7/18 105.3

7/19 104.9

7/20 104.8

7/21 103.5

7/24 103.2

7/25 103.1

7/26 103.4

7/27 103.8

(5) CRUDE OIL & BENZENE

* Annual Smoothed percent -10.60

1 Mo. ago 80.2

3 Mo. ago 89.4

Year ago 88.3

7/14 80.3

7/17 80.6

7/18 80.6

7/19 81.0

7/20 80.5

7/21 79.9

7/24 80.4

7/25 79.7

7/26 80.2

7/27 80.3

(6) MISCELLANEOUS

* Annual smoothed percent -5.15

1 Mo. ago 143.1

3 Mo. ago 144.9

Year ago 136.1

7/14 145.1

7/17 145.3

7/18 144.7

7/19 144.2

7/20 143.7

7/21 143.3

7/24 143.2

7/25 141.4

7/26 141.0

7/27 140.9

Commodity Base 1990 = 100

AT 52-WEEK HIGH: Polyester, burlap.

AT 52-WEEK LOW: Hides.

ADVANCES: Burlap, aluminum, tin, crude oil.

DECLINES: Rubber, cotton.

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 5B.