JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 17, '94 - Aug. 11, '95 (a graph)

(2)DAILY INDEX* Annual Smoothed percent +2.06

1 Mo. ago 115.8

3 Mo. ago 113.9

Year ago 105.3

7/28 113.1

7/31 113.5

8/1 113.3

8/2 113.7

8/3 113.7

8/4 114.0

8/7 114.3

8/8 114.1

8/9 114.0

8/10 113.6

8/11 113.7

(3) TEXTILES

* Annual Smoothed percent +8.54

1 Mo. ago 116.8

3 Mo. ago 113.6

Year ago 98.6

7/31 114.6

8/1 114.2

8/2 113.8

8/3 113.6

8/4 114.0

8/7 114.0

8/8 114.0

8/9 113.8

8/10 113.6

8/11 113.5

(4) METALS

* Annual Smoothed percent +12.53

1 Mo. ago 106.0

3 Mo. ago 100.1

Year ago 88.6

7/31 104.0

8/1 103.7

8/2 105.1

8/3 105.9

8/4 106.5

8/7 107.0

8/8 106.2

8/9 106.7

8/10 106.4

8/11 106.4

(5) CRUDE OIL & BENZENE

* Annual Smoothed percent -8.23

1 Mo. ago 80.6

3 Mo. ago 87.1

Year ago 89.1

7/31 80.4

8/1 80.7

8/2 80.8

8/3 80.6

8/4 80.5

8/7 80.5

8/8 80.7

8/9 80.9

8/10 80.0

8/11 81.0

(6) MISCELLANEOUS

* Annual smoothed percent -7.02

1 Mo. ago 145.3

3 Mo. ago 143.2

Year ago 138.9

7/31 141.0

8/1 141.0

8/2 141.0

8/3 140.8

8/4 140.6

8/7 141.6

8/8 141.6

8/9 140.3

8/10 139.6

8/11 139.6

Commodity Base 1990 = 100

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

AT 52-WEEK LOW: Hides.

ADVANCES: Crude oil, plywood, tin.

DECLINES: Cotton, hides, zinc, 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 3B.