| OCR Text |
Show Bu siness The Salt LakeTribune SATURDAY/July 12, 1997 MUTUAL FUNDS Page B-9 916.68 +2. 1502.62 $921.60 -$1.40 108.05¢ 7 O9425 ait69 oes © 435.06 FY 186 TR IBUNE BLOOMSERGINDEX FOR UTAH L_194.74 #9] USS Se ee PSC OKsIncrease in Gas Rates ‘The Public Service Commission has approved a boostin natural-gas rates requested by Mountain Fuel Supply — the result of an unusual rise in gas rates last fall and winter. Inall, typical residential Mountain Fuel customers will pay about $40 moreperyearontheirbills, an equivalentincrease of about 8 percent. The higher rates took effect Jul 1, This pass-through rate increase — which conilled from significant changes in fuelcosts to utility companies — is the second for natural-gas customers this year. In January, Utah gas customers got an extra $25 a year tacked on to their Mountain Fuel bills because of a winter price spike that ran from late October to late February. Regulatedutility companies are allowed to pass through to customers increased or decreased fuel costs based on market prices twice a year. CyberSym Technologies received the award for best eard-and-casino game from Wheat Production Computer Gaming World in the fourth annual Ziff-Davis Shareware Awards. The Provi- Up 18% From 1996 dence, Utah-based company earned the honor for Dynamic Gin, a computer version of gin Utah’s winter wheat yield is forecast at 45 bushels per acre, up seven bushels from 1996, the rummy. Utah Agricultural Statistics Ser- vice said, up 18 percent fromlast year. Barley yield is forecast at 90 Stolebarger, a commercialliti- gation firm, for a total of 51 bushels peracre,up eight bushels. from 1996. lawyersin sevenoffices including Denver, Salt Lake City, Boulder, Colorado Springs and London. a Info Summit Focuses On Speed as Weapon ParentCo, Salt Lake City, has announced the opening of The Utah Information Technologies Association will focus on speed as a competitive weapon The sites are “Family Links during IT Summit '97 to be held Aug. 25 and 26 at the Salt Palace alogy research site at www.fa- Keynote speakers for the annu- Buylt!” at www.finditbuyit- two new Internet websites. Network,” a worldwide genemilylinks.com and ‘FindIt! Convention Center. com. al event include Chuck Coonradt, a consultant, author and businessperformance expert; John Perry Barlow,Internet philosopher and co-founder of the Electronic Frontier Foundation; and Louis Castle, co-founder of Westwood Studios, which developed the CD- Slick Rock Cafe Can Keep Name British A BY SHEILARK. MCCAN IN “THE SALT LAKE TRIBUNE Don’t expect name-dropping at the trendy Slick Rock Cafe in Moab. A brewing trademark dispute between the small southwestern-style restaurant and the worldwide Hard Rock Cafe chain has been resolved out of trade, complete with souvenir T-shirts, hats and waterbottles disp! laying their names. ‘The chain argued the idea for the Slick Rock Cafe camefrom a knock-offofits distinctive T-shirts. The chain's logo has the words Hard Rock printed over two concentric circles, with Cafe written underneath, and the location of a specific restaurant — — printed below thecircle. such as LONDON Similar T-shirts — substituting the words Slick Rock and Moab — were sold in Moab shops in the early 1990s. Gordon Eddington registered the name — then sold it to the restaurant’s developers for $9,000. court, While details of the settlement a re confidential, “we do get to keep our name,” said ‘Tony Mason, a partnerinthe Slick Rock Cafe. A federal copyright-infringement trial, scheduled this week in Salt Lake City, was canceled. Hard Rock Cafe Licensing Corp. had sued the southern Utah restaurantlast year,claimingits Slick Thecafe's current advertising uses spiky writing to display the words Slick Rock above Cafe, and features a sketch of a gecko. But the chain noted a T-shirt shop next door — a tenant of the cafe’s owners — still is selling shirts Rock moniker diluted the uniqueness of the chain’s trademark, The first Hard Rock Cafe opened in London in 1971. Since then, more than 60 of the restaurants celebrating Americana have debuted, scattering mimicking the Hard Rocklogo. Hard Rock’s original suit sought injunctiverelief, monetary damagesand attorney's fees. Its lawyer, Laurie Haynie in Chicago, did not return calls this week. Attorney Daniel McConkie, who represented the Slick Rock Cafe,ai ind co-owner Steve Dering said the settlement was amicable, but declined further comment. rock'n'roll, milkshakes and burgers around the world. The chain spent $5.6 million in 1996 on promotion and advertising. Eight Hard Rock Cafesarelocated in the western United States, including Las Vegas, Phoenix, Aspen and Los Angeles. During thelitigation, the corporation said it was considering a new restaurantin Salt LakeCity. Wholesale Inflation Sees Record Drop THE ASSOCIATED PRESS adjusted 0.1 percent lower last month, following monthly declines of between 0.2 percent and WASHINGTON — Inflation at the wholesale levelfell for a sixth straight month in June —a record for the 50 years the government 0.6 percent since January. ‘The longest previousstring of price declines since the govern- has kept track. “For the foreseeable future,inflation is dead,” said Paul Huard, aseniorvice presidentfor the National Association of Manufactur- ment began tracking the Produc- er Price Index in 1947 wasfive in a row, from August through December 1952. ers. The Labor Department reported Friday that the prices wholesalers pay for goods, from melons In spite of the fastest economic growth in a decade — whichearli- er this year madethe Federal Re- serve nervous enoughaboutinfla- to magazines, edged a seasonally both agreed the end of by the British Airline and Stewardesses A: provides a chancefor} Ayling madehis off discussionsin letter s to Morris, who has acc at a 3.4 percentannualrateso far this year. For consumers, the news means a favorable shopping forecast. Retail prices have risen at just a 1.4 percent annualrate during the first five monthsof the year. The Labor Department's June report, due out next week, should show continued stability, according to Song WonSohn,chief economist for Norwest Corp. in Minneapolis. ers, Theairline has been on a reduced schedule from the 3,500 mem breakaway union, Cabi that has accepted the The airline also used crewsfrom othercarri Ayling said he bel company’s pay offer w: wayit could achieve a annual expenses by $' Hetold Morris he was find another solution flight attendantunions pany into Chapter 11 proceedings. The companyhas said theissues. these debtholders will be addresse Flagstar said it expects to comp structuring by thefall. The Spartanburg, S.C.-based company, which operates Denny's and other restaurant chains, plans to restructure $1.1 bill lion ofits $2.2 billion in debt. mrs me Bl Chapter 11, the most commonform of bank- mor fil, ‘e | 158 hs Diy_Vol_ Chow Chg were | creditors’ lawsuits while it reorganizesits finances. The debtor's reorganization plan must be Flagstarsaid every class of holde the plan exceptfor holders of about and then dropped an effort to forc om me ga) DILBERT stTech , : ou | a a eee te oe Ts ig ae seat 2 | FOR IRRELEVANT 50 TECHNICALLY... “)§] : t cee TO SATISFY urs {e| ARE Bora covons. TO GE INCOLOR | Atease 1508 "713114 Is THAT ALL IT 1 BLACK AND WHITE mous: OONE. 7THINGTar Sn Eira gatsncat| | pee t* Autozone } CHANGES? OH, WAIT, [ SEE WHAT YOU MEAN, 8 1 We fa wk Pe Dron sat Tszatanne Te 8 No yield or PE unless statedin U S ‘New essue mthe past 52 weeks. High-low range tvegns withthe start of trading and does not cover the enti |b Cua CatyNC aa St¢ eae 107 oct Aso eta orexta & rewal rate phos ng ddend. & Ovclied ot pad in preceding 1 Decard or pid ater stock dr Ht on up J Paid ths year, dividend orntted. deterred th yer, rn d paths , _ ast vidend meeting Kk» Delaed falanat oy stein preceding 12 months. estimate cash value ot hy dend of ex-dstrbution date. x Ex-onidend oF ex pt ¥ Ex-vidend or salen in fll > Sales tll ered. pp Holder owes mstalimenti ‘Rights. un Us we When ; Pt x Soaks Cane §0. Sopoee. Cape0. 8 Capetar Copeld 9 2.38 BM I Arar wssued_ Wt Warrants WW Wl waa —_— FFjee ie warrants. Vj In bankruptcy We ot reoevarstwp ° ot being 9 re Beuutit” SRbt 90m 6 7%, | Belden AMSIE 4 S4iz $8 ot secures asruned by ANE fxpaniged unde he barrubcyat 46!" | RetiAd S.984RDI9TIII8 4-108 0.84 ‘AmStFin such7 compamves | . nw | Ai s h inate to companypected ne sayroet cas Qi: | eeachhebters vo tare12 eetha Copsict Lt Cardallt #. rh ® | Cartoar @ Week Vor: vorut snare rae ore wok on ack cosecen on ry @Fri ctose: M1 gree ot tha te steckat | Sean oe § | aa : Week Change: chaige m ores trom tie week » begin orto the week s end Fri. Change: Change in price tomThursday s lovato Fuday scot Anaog s | Keak | Anbes sai Aon Cp 4488 | Aree wow mu vol AGa x, 4 “si eee oe eet |foe is Say fy ”A eae AVUPS oxa"hior Soy 23.|| Beatie St o | Abn 7035 20% Abner 90.171 RBIS 00 B8en44r Stew htt | Aa Sagas | read ag 3 AMLMi” Tea ig | S508) 2% =H 1% Archie SonaLNNaE oa $% 3| Carney Cares ‘CarrAmit | Coen” eae crema ae Soe | eat yt 149,36 ot Lm5 Copan | Cag peasant © Oe O88 3} 304 ie, 2.08 GalonPt || Golan) Cale 000 1g a 3723.68 | ColHiCA 9 Crneenern || | Dewttet oh | CSpet Ras seibseigon ‘eae G Geers Sete ‘hints o. | i é2 fas Siot {emceefb aa |e | 098 $e 183We esfup SSeen ‘ Sa 0:20 line. CGomer | a | et, leer" | B38 | “3 | oo 8 yp ae | Rrealh SS Fahl ay FUS Pay faaona3835 Fpl, sbi Earerip at tTsaa feat 21 8 Te4e Roghp age For Foodah 08 S40 Footatr 2025) Forvearey Vora» 1.0m Harr3.301 Ford 206 32¥7: se Pesce Bed 802443030 0.041 G3068" FostWh 19006 20% Foundlis France 0.96 2470 11\y Frais 0.300 T1467 705 PrkVny 0800x2500 Pig 10 40 Prd aie 2444 I Ai he ‘* mt 6<% ; Th ie “ Geil 291: 4 hu Puce OT cr iPnaeee Gert ‘i Ute! wake $8 ate<a ee 3” | GMaaetnate Sunes | Glebe ee Ss 3Ne st oe 8$ * : 4 i S40 Pate” 22326 Pikes 8 deat Tass Purstar 50.00 PubrSci 0.08 $450 $8 tated Pittwear Peng +‘a Kquitat © $ wy thi & as in Grefons Asie a |eCarvin3 He 8 [Saabs [aaa SUL | Sere . prin Date |“| pot, | || para a $a ‘Edisoniat | 0032887 EDO 040) eae Hira 148 eee at M46 aie Hans OG040008 EDS ae tte 425 haa Fania te 4B Hatin105 38811 34 Endler 0100 Saas 1 hadl °T814 Ein’ 062x262) OWOKTERE | Jexz0sTiy' Eg nana =%ie| Boroni® #17 4 aS| BaarchENSCO 0.300 5800 ne * 10 gassedot ce Th io vee | Gaaptlsa & Coerd 130,336 | aman, Cate | Seetvat ‘gine tee fast Gow Ikf§ Pardee O08TEE ty Peta tle 56 it 06496435 Dayihivd 076 Dewald 8300 47% 6 WGI GganLageis O00x2823 0% OR 4m Beare DaIbGe O28 S405 bs +o 38 Prin, Strait DetiPae 90131 4367 28% +2 DeliaAlr 02023082 Ai 3% agit of =a Puiu 1401008) 38 | Sa Goapag 0 See 104072156 || Compabe trite? | a * samt «4.96 Tee Bat has Bi | Der Se Sibe bre.” 200y7705: Dacekeetorie Baa 238) * Daumcy 100 3268 3038 Danaher |B" 010 S18 Saas Folie | GohSa Bn023> Conmdie 029 | Comers a1.72171aaa || Comins 1028 303 Seren 8 0. | CartWa || Cae0: |Cautp Games |ime Sant Chmpin‘tre0 ||sctt Eehhin Dp |DPL ¢ Amie, ogous Fc ODERA7e8 ec 1ania rt 2 i 96 S500HTTH A 634 RI ge’ 2z7 bom EV ine « 3 ray eSaa Portege LB 020 Patong 7 CRN 033 124520 Fratat 1 Bete Freak 170L4 Frnva "2.08:1338 iste Fale Eatce iGQ H iPbiasaa08 Acme L64Te7 26 ReA in OBIT wohuT20 824383 1} 41710 Ste 3400 mbTa0O44 AOIF We Pe We Pe ais Gant) 2a a8 |Get, 308 oh i EAIndes 2232 36 +4 +44 BEC 86,GOeT UMS cach on Pabeent S62210810% 238 oy Hela aet0 48 Beart ain”ta || BeoW heed O60 15838 7° aazra an" | Resa Ramee peTeayea ote 434TW Be aNe ot 25 percentor dindindrange stockhigh-ow split or The S2-weekpenod more nthepast 528 weeks. a fhomthe old stock Dwvidend begins wththe date of split or pemary onthe v Tracing halted stock dens nee cae market payments desig Special ave rdentitied in the following to AMD LS British Airways chief Bob Ayling and Bill Mc of the transport work ish Airways managers tion to raise interest rates slightly — producerprices are declining Name: Ths 1s theabbreviation sued foreachstock Ths symbol usesnospaces. I sw a Spice, t to aside 8 footnote Q Footnotes: u-Anwws2 week nah d Anew S2-neek low g Dwvidends or eorngs in Canadian money, Stock Me, The flight attendan which ends today,hast for British Airways.It airline to cancel hui flights and left tens of of people strandedin a Unlessthe courtrules otherwise, the debtor remains in control of the business andits assets. Creditors and shareholders already approved Flagstar’s bankruptcy restructuring plan Wednesday. eames. DiolBirepfk 1 Jago 18 Dolek @. 0°-6-9-6—-0-0- 1 See “es fone. Brun sell in-flight catering 0) Carolina. | Pt at dispute, and 9,000 gro ers, irked by the airline tion at 3275 W. 12600 South, No. 2, Riverton. Boyce Enter- What you need to know aboutthe New York Stock Exchange Ar mM wom Aten 020 982245° 048 walked out Wednesda; Denny’s OwnerFiles for Chapter 11 Bankruptcy Protect FAUNAf= A nt Ac NeLadoae 0.008 ACMin rae oh ground workers. The Transport anc Workers Union handie tions for the attend: lion in a certain class of converti ture. Last month, someof those debth« rein A AAR seeking a truce with 8 ing flight attendants w ing a separate confront accepted by a majority ofits creditors. Aegon mm THE ASSOCIATEDP LONDON — Britis! offered Friday to open with the transport work tors with a federal bankruptcy court in South asi nmonfractions Seeks Trt With Uni ruptey, frees a company from the threat of NY e ‘The chain's lawsuit targeted the Slick Rock Cafe, which opened in 1994 inside the Emporium Building in downtown Moab. The region's distinctive slickrock plateaus dra w hikers and bikers from around the world. Both restaurants offer casual dining to a tourist Trademark Lawsuit Settled With Hard Rock Cafe Chain DOW JONES NEWS SERVICE SPARTANBURG,S.C. — Restaurantoperator Flagstar Cos,said Fridayit filed for Chapter 11 bankruptcy protection from its eredi- prise specializes in pipe railings, guardrails, fencing and miscellaneous fabricating for the commercial and industrial market. For additionalinformation, call UITAat 568-3500orvisit the nonprofit trade association's Website at http://www.uita.org. 756 _ BoyceEnterprise,an architectural and ornamentalfabricator, has moved to a new loca- o ROMgame “Red Alert.” ha 25¢ Page po tactics” in dealing Holmes Roberts & Owen LLPhas merged with Haley & production at 7.2 million bushels, Prices are expressed in fractions ( NAS! a Harvested acreageis estimated at 160,000, This places expected N Pa GA em| G Seaton <a eae ‘ Gleb Gore Otte e mene ancabghit |e Soy onemag3°18 i Gaiagf wduate aia2 es ae | Sethe SR AHES te TTSMy =| Gaabr 0” aah In ate] | HP Gaone ©gaD0a0«4 i ibenaed apy + 5 argganh m h S Steen a) ible a 10 «h |} . i. S | | Sse Seaion vim asa |
