Thurl Bailey signed another six-year contract Thursday, leaving only John Stockton on Jazz general manager David Checketts' list.

Bailey's deal, for an estimated $7 million, is effective last November. He received a check for the difference in payments this season, based on his original $600,000 salary and the new figure.The Jazz also signed guard Jim Farmer for the rest of the season. Now that Farmer has a regular contract, the Jazz plan to fill Bobby Hansen's roster spot by signing another player to a 10-day contract, probably this weekend.

Bailey was in the third year of a six-year contract. "I just feel a lot more secure now, knowing that I'm in a good situation," said Bailey, who will be 33 when the new contract runs out in 1994.

The Jazz stepped up the process two weeks ago by informing Bob Woolf, Bailey's attorney, that they wanted an answer.

Checketts signed Karl Malone to a 10-year contract Nov. 4, which was his original deadline for everybody. Bailey's and Stockton's attorneys had waited for Malone to sign, and the way their clients have played this season continued to help their leverage. Bailey is having his best pro season, averaging 20.8 points.

As for talks about Stockton with David Falk, Checketts said, "Conversations are tough, they're long, but both sides are working at it. I never dreamed that it would go this long and I don't like it, but Falk's being fair."

Farmer, who joined the team on a 10-day contract last week, will be paid a pro-rated minimum salary for the rest of the season - about $58,000. He's also making $200,000 on a guaranteed contract year with Dallas, which signed him as a first-round draft choice in 1987 but waived him in November.

Farmer, who played 157 minutes and scored 61 points as a Maverick, already has 37 points in 85 minutes through five Jazz games. "I thought he just played terrific," Checketts said, after Farmer helped the Jazz to three road wins. "He came in and just picked up everything so fast."