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Two Plead <br />In Trust CaQ,1Q_-__ <br />NEW ORLEANS, March 23 (AP) ...... <br />Executives of two major offshore oil <br />construction companies entered no con- <br />test pleas to antitrust charges today <br />nd agreed to cooperate in the continu- <br />g Federal investigation of bid rigging <br />and price fixing. <br />Sentencing was delayed until April 25 <br />for Edward,. Tallichet <br />senior vice president of Brown <br />old' <br />wn &Root <br />Inc. of Houston, and Ho4c@._Wf.4re Bal <br />ley, 56, executive vice president of J. <br />Ray McDermott & Company of New <br />Orleans. <br />Mr. Tallichet pleaded no contest to <br />one count of conspiracy to restrain <br />trade in violation of the Sherman <br />Anti. <br />trust Act and one count of mail fraud, <br />Mr. Bailey entered pleas on the anti- <br />trust count plus two counts of mail <br />fraud and one of wire fraud. <br />A lawyer for the antitrust division. of <br />t - ed <br />States District Judge Lansing Mitchell <br />that a plea-bargaining arrangement <br />had been reached in which the men ac- <br />knowledged their participation in the <br />scheme and agreed to cooperate in fur- <br />ther <br />investigations. <br />