JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 10, '94 - Aug. 4, '95 (a graph)

(2)DAILY INDEX* Annual Smoothed percent +2.93

1 Mo. ago 113.1

3 Mo. ago 114.8

Year ago 104.2

7/21 114.0

7/24 113.9

7/25 113.2

7/26 113.4

7/27 113.5

7/28 113.1

7/31 113.5

8/1 113.3

8/2 113.7

8/3 113.7

8/4 114.0

(3) TEXTILES

* Annual Smoothed percent +10.12

1 Mo. ago 114.6

3 Mo. ago 112.9

Year ago 98.6

7/24 115.0

7/25 115.0

7/26 115.0

7/27 115.1

7/28 114.5

7/31 114.6

8/1 114.2

8/2 113.8

8/3 113.6

8/4 114.0

(4) METALS

* Annual Smoothed percent +13.59

1 Mo. ago 102.6

3 Mo. ago 100.6

Year ago 87.7

7/24 103.2

7/25 103.1

7/26 103.4

7/27 103.8

7/28 103.6

7/31 104.0

8/1 103.7

8/2 105.1

8/3 105.9

8/4 106.5

(5) CRUDE OIL & BENZENE

* Annual Smoothed percent -9.80

1 Mo. ago 83.5

3 Mo. ago 88.5

Year ago 88.6

7/24 80.4

7/25 79.7

7/26 80.2

7/27 80.3

7/28 80.3

7/31 80.4

8/1 80.7

8/2 80.8

8/3 80.6

8/4 80.5

(6) MISCELLANEOUS

* Annual smoothed percent -5.70

1 Mo. ago 138.6

3 Mo. ago 145.8

Year ago 136.4

7/24 143.2

7/25 141.4

7/26 141.0

7/27 140.9

7/28 140.3

7/31 141.0

8/1 141.0

8/2 141.0

8/3 140.8

8/4 140.6

Commodity Base 1990 = 100

AT 52-WEEK HIGH: Burlap, polyester, tin, steel.

AT 52-WEEK LOW: None.

ADVANCES: Cotton, burlap, copper, tin.

DECLINES: Aluminum, zinc, hides, crude oil.

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 7B.