JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Oct. 14 '94 - Oct. 11, '95 (a graph)

(2)DAILY INDEX* Annual Smoothed percent -4.01

1 Mo. ago 112.9

3 Mo. ago 114.6

Year ago 108.3

9/26 112.3

9/27 112.0

9/28 111.8

9/29 111.8

10/2 111.7

10/3 111.5

10/4 111.5

10/5 111.7

10/6 111.4

10/10 111.1

10/11 111.1

(3) TEXTILES

* Annual Smoothed percent +6.50

1 Mo. ago 114.2

3 Mo. ago 119.1

Year ago 102.1

9/26 114.7

9/27 114.8

9/29 114.4

10/2 114.5

10/3 114.6

10/4 114.7

10/5 115.0

10/6 114.6

10/10 114.9

10/11 114.8

(4) METALS

* Annual Smoothed percent -4.37

1 Mo. ago 102.1

3 Mo. ago 102.9

Year ago 93.7

9/26 103.7

9/27 103.5

9/29 103.7

10/2 103.3

10/3 102.8

10/4 102.9

10/5 102.8

10/6 102.1

10/10 101.3

10/11 100.1

(5) CRUDE OIL & BENZENE

* Annual Smoothed percent -17.02

1 Mo. ago 79.4

3 Mo. ago 83.7

Year ago 84.1

9/26 77.5

9/27 77.6

9/29 77.7

10/2 77.7

10/3 77.2

10/4 77.0

10/5 76.1

10/6 76.2

10/10 75.5

10/11 75.8

(6) MISCELLANEOUS

* Annual smoothed percent -5.85

1 Mo. ago 142.5

3 Mo. ago 139.3

Year ago 144.5

9/26 139.2

9/27 137.8

9/29 137.4

10/2 137.4

10/3 137.4

10/4 137.5

10/5 138.5

10/6 138.7

10/10 138.8

10/11 139.9

Commodity Base 1990 = 100

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

AT 52-WEEK LOW: Print cloth, benzene.

ADVANCES: Hides, tallow, crude oil.

DECLINES: Cotton, rubber, copper, aluminum, tin.

1994 High: 113.6 1994 Low: 92.9

1995 High: 115.9 1995 Low: 111.1

* 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.