Show 6A Standard-Examin- Saturday er Nov 18 1989 BUSINESS Stores charge dairy firms with fixing prices in West SALT LAKE CITY (AP) — Four retail store chains have filed suit against Western Dairymen Cooperative and Meadow Gold Dairies alleging the two dairy firms fixed the price of milk by per gallon throughout the Intermountain West g The suit is the second action filed against WDCI and Meadow Gold alleging violations of federal and state anti- losses in our fluid milk division” said WDCI General Manager Leland Anderson“If we were fixing the price of milk the losses say we weren’t doing a very good a mystery we can be accused of fixing the price of milk when we’ve been sustaining ‘It’s ts losses price-fixin- by Skaggs Alpha Beta Alpha Beta Co Lucky Stores and American Drug Stores — all subsidiaries of American Stores Co — did not disclose alleged losses but asked for triple dam- ages The suit is similar to an action Albertson's filed last April also alleging price fixing Albertson's is seeking $6 million The federal suits were prompted b an agreement between WDCI and Meadow Gold and the Utah Attornev General's office last March In the agreement the two dairv companies were accused of ' milk division’ — Leland Anderson Oranget large lb: 52 57 i cent 1 Cream-0- - Weber 2 milk I gal $213 i-- ming fighting the state charges Meadow Gold based in Ohio is a milk processor doing business throughout the nation WDCI the largest supplier of raw milk in the Great Basin Region has more than 1300 dairy farmer members in Utah Idaho Colorado Nevada and Arizona “It's a mystery we can be accused of fixing the price of milk when we’ve been sustaining ve centsN 4 Blue—'' Whole' Sun Bonnet margarine 48 tb frown: so 5 cents S' x Chicken cut-u- 78 'I p ib': 4 ' g cent M7 cents S ' Total cost of Items per county: x xx ft -"- ty I' Webef 'v s O f Box Source: Utah Stata University Cooperative Calif (AP) — a new on changes Design patrol plane will force Lockheed Corp to report a pretax loss of about $300 million in the fourth quarter and possibly a loss for the year Lockheed said CALABASAS Mracle ' Whip sal dressing t qL $19 ' VXXX Frozen fillets unbrea V Friday The big aerospace company has been building fixed-win- g maritime surveillance planes since World War II for the Navy which plans to spend between $4 billion and $5 billion to buy 125 of the new planes Lockheed said the cost of dehad risen beveloping the cause its design will be less like that of its predecessor Lockheed’s Orion than expec- $32511 k ' a 54 :tr26 cents s Yv&v Jfr X Roundel: turkey steak frozen- - $2JtIb grade A 80Ibt C X s Davis' t'-- Change results in Lockheed loss : f'"Nochange: -- vs yX 1 108 OJ60Z -- 1 :k 1 $4416 The four retail chains allege WDCI and Meadow Gold conspired since the fall of 1986 to monopolize the distribution of milk and other dairy products in Utah Nevada Idaho and WyoThe action alleges WDCI and Meadow Gold conspired to raise the price of milk in increments to per gallon “Wholesale prices of milk and other diary products of WDCI and Meadow Gold have been fixed raised stabilized and maintained at and artificial levels” the suit contends The four retail chains bought milk and other dairy products from WDCI and Meadow Gold from 1986 to 1988 PSHr Ikk is years price fixing and were assessed $500000 in fines in one of the largest settlements the state has obtained under antitrust laws The dairy firms admitted no wrongs and said they entered the agreement to avoid legal costs in design revised vx X' Lettuce head The cooperative formed three years ago in a senes of mergers has posted losses of about $600000 during the last two trust laws The action brought Thursday Sumy dona Inflva job” in our fluid Plane MarKetlbasketjreport 47 -cents - - P-7- A Yl P-7- A ' ll TSnT Morgan'v: ' Cache' Eldef P-3- Extension Service graphic Standard-Examin- Bush signs bill to increase minimum wage into law WASHINGTON (AP) — President Bush on Friday signed a bill that will raise the minimum wage from $335 to $425 an hour by the spring of 1991 formally accepting the compromise that ended a vear of disagreement with congressional Democrats and organized labor Bush praised the measure which he said would “protect ter going to an intermediate 1990 jobs and put more money into $380 on April The new law also includes a the pockets of our workers" But 1 Sen Edward M Kennedy said it merely marked line” on progress “to the the issue The increase the first since 1981 would bring the wage to $425 an hour by April 1991 af D-M- 50-ya- rd lower “training wage” for new workers who are teenagers a provision sought by Bush but initially opposed by congressional Democrats Bush in June vetoed a bill that would have increased the mini mum wage to $455 over three years At an Oval Office signing ceremony attended by congressional leaders and sponsors Bush called the new act “a good example of what we can do in the future on other matters” “I have called for an increase in the minimum wage that would protect jobs and put more money into the pockets of our workers In my view this bill does exactly that I’m pleased to sign it” Bush said However Kennedy who supported a higher minimum said after the ceremony “I think we’ve arrived on the ss 50-ya- rd line on Activity Despite big changes in the wings body and engine — the new plane’s wingspan is 7 feet longer than the old one for example and top takeoff weight is 156600 pounds up from 139700 pounds — the company had hoped it would be able to keep' many parts of the structure unchanged “We originally had thought that something over 50 percent of the structure might be common said Lockheed to the spokesman Jim Ragsdale Lockheed stock fell $2 2'2 a share to $3950 in trading on the P-- 3” 1 New York Stock Exchange this” arkehreror: NYSE trading this week Dow Jones range over the past 30 trading days - The following gives the NEW YORK (AP) range of the closing Dow Jones averages for 18 the week ended Nov N Utah index Ind Trn Utl Pacific Coro -- 43 Parker Hann (Ber) 24 36 Queslar 18 Santa Fe-- S P Smith's Food & Drug 22 Thiokol Co poralion 134 Union Pacific 73 15 VHIIAmSugarj (Prices as of Friday close) Price Change Albertson's 557e Am Stores (Skaggs) 57sa Barnes (Flameco) 31 'a CBI (NICEAPEX) 24' a Em Elc (Pac Chr ) 37 s -- — Ve — V 65St Alien p 6 61 - Inds A Bond Levge Evergreen Funds: Evgrn Fidelity Invest: Fidel 13115 r the dollar volume shares traded Name ToMSlOOO)Sales(hds) Affiltd 14 20 NL 16 12 16 88 GovPI t Value Merrill Lynch: Basic Cap FdSc p Mutual Senes: Qua ltd Shares National Funds: t 03 01 NL 18 87 18 87 a 13181 The total is based on the median once of the stock traded multiplied by the A - — A F MTWTF MTWTF MTWTF MTWTF 6 9 16 23 30 7 Auk ji 1 MTWTF 6 Nov OcL (Chg) --- 13235 131 15 Lord Abbett: - E 0 18 93 50 0 18 94 88 0 19 92 13 NEW YORK (AP) -- The following is a list of the most active stocks based on NEW YORK (AP) New York Slock Exchange trading lor the week selected issues List includes annual dividend (x) ratio (PE) shares traded in hundreds (Hds) high for week (High) low lor week (Low) closing price Friday (Last) and price change since previous week's close -- 9316 94 j4 Puritn Keystone: MacKav Shields: 13 35 94 98 91 73 'e CusS3 t CusS4 t 6 99 20 64 21 90 14 92 15 8- 3- Dreyfus Grp: 93 55 COMMODITYFUTURESINDEX Magln Amer Capital: Pace p unavail American Funds: AMutl p Wsh p 91 73 93 33 94 93 92 13 Most active stocks Thurs Chg 27 05 1210 52 1210 53 1191 15 1191 1- 5- 12 26 0 13 221 08 220 82 222 40 219 88 2 83 1006 31 1007 31 1000 00 1007 31 BONDAVERAGES v NC NC NC Mutual Funds NEW YORK (AP) day's Mutual Funds Alliance Cap: STOCKAVERAGES Last First High Low 2626 43 2652 66 26’0 25 2652 66 20 BndS UlilS ’a — C ted MTWT 13 Last 068 |