Show 1 2C Standard-Examin- Nov 11 1989 Saturday er Business briefs Inventor wins Mattel case Dry cow management outlines New title insurance exams to be implemented May altopic of satellite show so will be explained Instructors representatives of OGDEN — Dairy farmers can view a dairy conference on dry schools brokers and managers cow management via satellite are encouraged to attend For inNov 6 at Weber State College formation call From 11 am to expm perts will discuss body condition Fixed-rat- e mortgages feeding vaccination udder health to management and management dip decisions for dry cows says Ron WASHINGTON (AP) — Boman Utah1 State University Fixed-rat- e home mortgages Extension dairy specialist dipped to 979 percent this week “This is the first of five satel- their lowest level in three lite broadcasts that will provide months according to a national dairy operators in Utah Idaho survey released Friday by the Federal Home Loan Mortgage Oregon and Washington with expert advice on managing their Corp herds” Boman said “This is a That was down from a 982 opportunity to percent rate last week and repregain crucial information using ad- sented the lowest level since fixed-rat- e vanced technology" mortgages averaged Subsequent seminar dates and 968 percent for the week ended topics will be: Dec 5 “From Aug 4 On one-yeCalving to Peak Production”: adjustable rate Jan 10 “Producing mortgages lenders were asking an Milk” Feb 6 Getting the Best average initial rate of 852 perForages!” and March 6 “Payment cent this week down from 855 to the Producer” percent the week before and the The cost is $10 for each semi- lowest level for adjustable rate nar or $40 for all five For more mortgages since the last week of information check with the local December 1988 county office of USU Extension Court awards $248 million 1 530-640- 1 0 1 CHICAGO (AP) — An inven- patent a flexible track on which the tiny metal Hot Wheels’ cars run That amount could be increased substantially by US District Judge Charles Kocoras who has the discretion under federal law to triple the award and to determine the amount of interest Mattel must pay A final ruling from Kocoras is lue within the next couple of weeks Lemelson’s ' attorneys said In any case Hawthorne Calif-base- d Mattel said it would appeal “There are differences in Mattel’s track from the patent” said company spokesman Glenn tor who has spent more than a decade proving toys aren’t all fun and games has been awarded millions of dollars by a federal jury which said toy giant Mattel Inc infringed on his patent with the track for its its popular “Hot Wheels" model vehicles “I am floating on cloud nine” Jerome Lemelson said Friday “My hope is that as a result of it (the decision) toy inventors will get a fair shake from the industry” A federal court jury on Thursday awarded Lemelson $248 million in damages after finding earlier in the week that Mattel willfully infringed on Lemelson's 979 percent Hot Wheels which glide on dolls ' jumps and flexible tracks ramps Lemelson a “tinkerer” has spent his life ting creative ideas into action and has more than 400 inven-th- e tions to his credit 7 Lemelson filed suit against once-in-a-lifeti- self-describ- loops generated $545 million in between 1972 and 1986 on- ly 6 percent of which is based on sale of tracks Bozarth said The toy is Mattel’s second riiost popular offering behind Barbie put-sal- es ar Mattel in 1977 in Chicago High-Quali- Realtors back Bush’s plan on homelessness of IRA savings to help the next generation DALLAS (AP) — The head of the Bush Administration to provide leadership to National Association of Reaffordable housing as a national altors offered the organization’s support Fri- goal “This country is fundamentally moving day to President Bush’s $42 billion plan to help the poor and homeless away from an affordability situation and the “We’re very much in favor of all the things reaffirmation of a national housing policy” he said” outgoing president Ira Gribin said Gribin a real estate agent from Encino after Bush unveiled the plan in a speech to Calif told reporters “We need to get back on that because oththe association “This was the kind of thing we were erwise vour kids and mv kids and our looking for” Gribin said “It sounds like he grandchildren are not going to be able to own houses” has bought into a lot of the things” sugParts of Bush’s program mirrors suggesJack of gested by Housing Kemp secretary tions made by the Realtors including allowand Urban Development Kemp who accompanied Bush to Dallas ing money to be withdrawn without penalty from Individual Retirement Accounts to was given a standing ovation by the Realtors when introduced to the 4800 people at the make down payments on homes Earlier Gribin had suggested grandparents meeting and parents be allowed to dip into Earlier Friday Gribin had called on the home buyers Gribin said the Real- tors would continue to work on legislation to broaden the IRA availability Also Gribin called for replacing current limits on Federal Housing Administration loans with a sliding sciale tying them: to house first-tim- 800000-memb- er e low-inco- el market Albertson's Barnes (Flameco) - 57 55 31 Activity ever the 2$M pas 30 trading days 1 Henley (Jetwav) 29 42 : Hercules IT & T (Continental) Key Corp '27 'e Em Elc (Pac Chr)36Sfc 58' 27 Kimberly-Clar- k 67 Morion International Nucor Steel Corp 173 333 57 1 42 Pacific Corp Parker Hann (Ber) 25TB : 36 Questar Santa Fe-S- P J 17 Smith's Food & Orusr22 13' Thiokot Corporation Union Pacific -- 74 15 VHI (Am Suaar) - Waste Management Westhse (West Zir) NC NC DOWaOMIAVrRAGI - bid asked First Security Iomega WestOne Zions Utah Bancorp 'a 2 33 33 'a 3 36’ 313 3'-'- 2 37 32 2550 li ii Wed's Mutual Funds Alliance Cap: - BONDAVERAGES 9283 9332 9283 9332 027 9390 9470 9390 9470 045 9194 008 9194 9168 COMMODITYFUTURESINDEX 12991 13180 12991 13113 099 Bnds Utils ' 9176 Inds 20 2750 3 Mutual Funds NEW YORK (AP) 258217 262561 258217 262561-3- 90 119257 120341 118830 120341 -- 836 21806 22095 21806 22095126 200 99061 100448 99061 100448 Utl 65SI - 6231 68' 2 gives the range of the closing Dow Jones averages for the week ended Nov 10: STOCKAVERAGES First High Low Last Chg Ind - O'nn Bell (NICEAPEX) three years Trn Friday close MST) Price Change Am Stores (Skaggs) 1 Dow Jones range NEW YORK (AP) - The following N Utah index of - markuuberor: hovn’iibi't (Prices as DEARBORN Mich (AP) — Ford Motor Co Chairman Donaid Petersen who shepherded the": automaker from the gloomy financial days of 1980 to huge profits last year said Friday he would retire March Petersen 63 will be succeeded as chairman and chief executive officer by Vice Chairman and Chief Operating Officer Harold Poling who described his predecessor as a "visionary leader” Poling 64 will be chairman for The Utah Insurance Department and its licensing examination contractor the Insurance Testing Institute will conduct a public meeting Nov 30 to discuss the agent licensing examination program in Utah The meeting from 10 am to noon will be at the Salt Lake Hilton Participants will discuss candidate performance on the exams and will be informed of any substantial changes to Utah content est 13 metropolitan areas locking put firsthome buyers time and A study by the Realtors showed that more than half of FHA- - and Veterans Administration-backed loans are for entry-levbuyers Gribin said the limit should be set at 95 percent of the current median price in a given NYSE trading this week 1 Ford Motor chairman will retire in March Insurance licensing meeting to be Nov 30 prices in specific regions Congress recently passed legislation raising FHA loan limits to $124878 Gribin said the limit still is too low in 10 of the nation’s larg- in-la- ty li! 2500- - 2450 f MTWTF t JpL - - : NEW YORK (AP) New York Stock Exchange trading for the week selected issues: ’ List includes annual dividend (x) ratio (PE): shares traded in hundreds (Hds) high lor week low for week (High) (Low) closing price Friday - (Last): and price change since previous week's close ' (Chg) PE AMR ARX ASA 3a ' ' - Hds High 8 18536 601 X 123 18 AbtLab 140 AetnLf 276 AirPrd 132 18 AlskAir 20 Alcan s 112 AlcoStd 76 32 AllgPw 308 AldSgnl 180 Alcoa 160a AmHes 60 8 4673 5 10738 13 2193 5 11 5623 11 14975 6 23772 7 4462 11 X8036 14 14430 10x36189 13 33916 20 15361 AmBrnd 272 ACvan 135 AElPw 240 AmExp84 AFamly 32 AHome 390 Amrtch S292 AlntGr 48 sl52 AmRIt AmStor I AT&T 120 Amelek 64 Amoco $190 - AMP 120 Anacmo Anedrk 30 Anheus 88 Anthny s 44 Aren On 100 ArchQ wi 10 19733 10416 11 5621 23162 13 13799 2 249 24 1870 22 60700 13 17 1891 18300 IS 9548 17 15619 35 5237 14 25464 10 650 13x16211 15 137 73 3 u54 66 60 44 24 22 35 32 40 36 69 43 69 2 Low 69 3 Last 69 -- 3 — 50 Chg 4 51 63 1 2 66 S9- 59 43 22 43 --- Caesar CampSp 92 CapCits 20 CarPw 284 ' CartHw CaslICk Caterp 120 Centel s 128 CentEn 160 CenSoW 260 180 Chmpln 110 CnllPS - 22 CRSSs24 CRSS s 12 CSX 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