JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 30, 1997 - Apr. 13, 1998 (a graph)

* Annual Smoothed percent -13.84

Latest Weekly Figure: April 9

(2)DAILY INDEX

1 Mo. ago 95.1

3 Mo. ago 96.8

Year ago 105.0

3/30 96.2 3/31 95.8

4/1 95.4 4/2 95.2 4/3 95.3

4/6 95.3

4/7 95.1

4/8 95.0

4/9 94.9

4/13 95.1

(3) TEXTILES

* Annual Smoothed percent -11.96

1 Mo. ago 91.7

3 Mo. ago 94.7

Year ago 98.1

4/1 91.2

4/2 91.1 4/3 90.9

4/6 90.9

4/7 90.0

4/8 89.9

4/9 89.9 4/13 90.0

(4) METALS

* Annual Smoothed percent -13.41

1 Mo. ago 87.8

3 Mo. ago 86.9

Year ago 96.0

4/1 87.8

4/2 87.5 4/3 87.8

4/6 87.8

4/7 88.4

4/8 87.3

4/9 87.5 4/13 88.2

(5) CRUDE OIL & BENZENE

* Annual Smoothed percent -18.62

1 Mo. ago 71.2

3 Mo. ago 81.9

Year ago 86.1

4/1 74.8 4/2 74.9

4/3 75.6

4/6 75.6

4/7 74.3

4/8 74.2

4/9 75.2 4/13 74.6

(6) MISCELLANEOUS

* Annual smoothed percent -12.89

1 Mo. ago 120.4

3 Mo. ago 116.9

Year ago 131.3

4/1 119.6 4/2 119.0

4/3 118.6

4/6 118.6

4/7 119.4

4/8 120.3

4/9 119.0

4/13 119.3

Commodity Base 1990 = 100

AT 52-WEEK HIGH: Red oak.

AT 52-WEEK LOW: Polyester, tallow.

ADVANCES: Hides, cotton, copper, zinc.

DECLINES: Tin.

1996 High: 111.7 1996 Low: 104.8

1997 High: 109.2 1997 Low: 98.1 1998 High: 98.1 1998 Low: 94.7

A smoothed percent change is an annual rate indicating the pace of the group's inflation.

Commodity prices are in Spot Commodities table on page 8A.