JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 24, '94 - Aug. 24, '95 (a graph)

(2)DAILY INDEX* Annual Smoothed percent +3.82

1 Mo. ago 113.1

3 Mo. ago 114.0

Year ago 106.5

8/10 113.6

8/11 113.7

8/14 113.7

8/15 113.9

8/16 113.5

8/17 113.7

8/18 114.1

8/21 114.6

8/22 114.8

8/23 115.2

8/24 114.9

(3) TEXTILES

* Annual Smoothed percent +9.36

1 Mo. ago 114.5

3 Mo. ago 114.8

Year ago 98.5

8/11 113.5

8/14 113.8

8/15 114.2

8/16 113.1

8/17 113.0

8/18 113.5

8/21 113.9

8/22 114.3

8/23 114.7

8/24 114.5

(4) METALS

* Annual Smoothed percent +13.18

1 Mo. ago 103.6

3 Mo. ago 101.9

Year ago 89.3

8/11 106.4

8/14 106.3

8/15 106.9

8/16 107.0

8/17 107.5

8/18 107.5

8/21 107.9

8/22 107.5

8/23 107.2

8/24 107.4

(5) CRUDE OIL & BENZENE

* Annual Smoothed percent -5.31

1 Mo. ago 80.3

3 Mo. ago 84.4

Year ago 88.2

8/11 81.0

8/14 80.5

8/15 79.8

8/16 79.6

8/17 80.0

8/18 80.3

8/21 80.9

8/22 80.9

8/23 82.5

8/24 82.0

(6) MISCELLANEOUS

* Annual smoothed percent -4.37

1 Mo. ago 140.3

3 Mo. ago 142.2

Year ago 144.2

8/11 139.6

8/14 140.3

8/15 140.3

8/16 140.2

8/17 139.9

8/18 140.8

8/21 141.5

8/22 142.2

8/23 142.4

8/24 141.6

Commodity Base 1990 = 100

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

AT 52-WEEK LOW: Benzene, print cloth.

ADVANCES: Rubber, aluminum, tin.

DECLINES: Hides, zinc, cotton, 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 4B.