JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Sept. 22, '94 - Sept. 20, '95 (a graph)

(2)DAILY INDEX* Annual Smoothed percent -1.13

1 Mo. ago 115.2

3 Mo. ago 114.2

Year ago 109.0

9/6 113.6

9/7 113.3

9/8 113.6

9/11 113.2

9/12 113.2

9/13 112.9

9/14 112.6

9/15 112.9

9/18 113.1

9/19 112.9

9/20 112.6

(3) TEXTILES

* Annual Smoothed percent +7.46

1 Mo. ago 114.7

3 Mo. ago 118.7

Year ago 102.8

9/7 114.3

9/8 113.8

9/11 113.9

9/12 114.0

9/13 114.2

9/14 114.3

9/15 114.6

9/18 115.1

9/19 115.0

9/20 114.6

(4) METALS

* Annual Smoothed percent +1.29

1 Mo. ago 107.2

3 Mo. ago 103.4

Year ago 93.2

9/7 103.3

9/8 103.4

9/11 102.7

9/12 103.1

9/13 102.1

9/14 100.8

9/15 101.7

9/18 101.9

9/19 102.0

9/20 102.5

(5) CRUDE OIL & BENZENE

* Annual Smoothed percent -10.01

1 Mo. ago 82.5

3 Mo. ago 80.8

Year ago 85.7

9/7 79.8

9/8 80.2

9/11 79.9

9/12 79.6

9/13 79.4

9/14 79.8

9/15 80.0

9/18 80.1

9/19 79.6

9/20 79.4

(6) MISCELLANEOUS

* Annual smoothed percent -6.15

1 Mo. ago 142.4

3 Mo. ago 140.1

Year ago 146.0

9/7 141.9

9/8 143.3

9/11 142.6

9/12 142.3

9/13 142.5

9/14 142.3

9/15 141.8

9/18 141.9

9/19 141.4

9/20 140.1

Commodity Base 1990 = 100

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

AT 52-WEEK LOW: Print cloth, benzene.

ADVANCES: Zinc, rubber, copper, aluminum.

DECLINES: Cotton, scrap steel, hides, crude oil, plywood.

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.