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Arizona Republic from Phoenix, Arizona • Page 7

Publication:
Arizona Republici
Location:
Phoenix, Arizona
Issue Date:
Page:
7
Extracted Article Text (OCR)

7, '78 0 The Arizona Republic THE TREADWELLS State economy lourishing, prof says 1TY more 1 roubles ot inventor about clined for 18 percent; the pause in new order bookings evident in the fourth quarter appears to have ended, Fearon said. Production was increased by 37 percent of the firms and trimmed by 22 percent in February, Fearon said, about the pace of January's Employment rose at, 25 was cut at 14 percent, the survey showed. Delivery time on ship-mentsss from vendors continued to lengthen in February, while purchased-materials inventory levels remained about the same as. in January, Fearon said the survey showed. in January; 43 percent said prices were unchanged and 3 percent said they saw declines.

(Since 64 percent had noted increases in January, there was some sign of slackening, Fearon said.) New orders increased in February for 40 percent of the firms and de More about Rains delay construction flu jfi B068004 3-7 Arizona's economy continued to gain in February, with firms showing particularly encouraging growth in new orders and production, results of a statewide business survey show. More growth can be anticipated during next several months, once the depressing effects of unusual weather and the coal strike are over, said the survey's director, Dr. Harold Fea-ron, a professor of management at Arizona State University. Nonetheless, conditions could lead to a continuation of the already dangerously high inflation rate, Fearon said. The professor's analysis was based on results of the monthly economic survey he has been conducting for 15 years among members of the Purchasing Management Association of Arizona.

The February responses showed that prices paid by the firms in me survey for major materials continued to advance rapidly, he said. Fifty-four percent of the purchasing managers said they paid higher prices in February than 'WElWTUAST-miSPfmSTHATTHCASTCf CONVERSATION IS NOT OCAD. Custom Homes, 3958 N. Granite Reef, Scottsdale, said his work schedules have been set back about two weeks, "but I think that can be made up." He said construction workers, don't get paid when they don't work, so he felt his workers would be eager to get back to work and to finish jobs that are under way. Golder established his business in the Valley about the first of this year.

He recalled that in Detroit or Cleveland, where he oversaw construction, winter weather resulted in at least 60 lost work days during each of the last two years. "I came down here and said 'I don't have to worry about bad weather any Golder asserted ruefully. "I was really surprised." Continued from Page B-l be delayed another week by the inaccessibility of the concrete materials. Some builders who were out of the wetter areas and engaged in work less vulnerable to bad weather were more fortunate. Tom Griffin, a partner in Certified Home Construction, 4710 N.

16th acknowledged that his company has "lost a few days," to rain, but suffered no major setbacks. "We weren't in the flood areas," he explained. "We stay the hell out of those areas, always have." He noted that builders can do inside work even in stormy weather. Mort Golder, a partner in Lastar Ex-GOP chief offers formula for success "But thirdly, we must remember that the Republican Party is big enough for anyone who basically believes in limited government and fiscal responsibility," he concluded. Continued from Page B1 when fiw school people started to telephone my parents to check the story." The elder Moray was excommunicated from the Church of Jesus Christ of Latter-day Saints on charges of espousing false doctrines.

Moray's wife and children remained in the church. In 1935, a report started circulating that Moray had declared bankruptcy. John Moray maintains the report was false but that it plagued his father until his death. Was it because of "radiant energy" or something else? No one seems to know. T.

Henry Moray was born in Salt Lake City in 1892. His father, a mining engineer, had come to the Utah district about 1870 and participated in the discovery of the Silver King Mine in Park City, He died in 1895. His widow filed a $5 million suit to recover the Moray share of the mine, and that caused quite a stir. "My father remembers that he was In the third grade at that time, and the teacher talked about the lawsuit and bow the class had a celebrity in it He aid he was treated like a prince or something," John Moray said. The final settlement was "for about a quarter" of what was sought after legal fees, he said.

T. Henry Moray and his mother were active in the church, and after grade school Moray attended the IDS College. His mother persuaded him to take business training so he could manage the dwindling family fortune. "My grandmother did not manage money well," John Moray said. However, T.

Henry Moray had a strong interest In electricity and pur-sued it as welL In 1910, be became principal owner of the Independent Electric Co. of Salt Lake City and then went off to Sweden on an LDS mission. While he was gone, the electric company went bankrupt While in Sweden, Moray claimed he earned a doctorate for advance studies In electrical engineering at the University of Uppsala. He had a diploma, which he claimed was obtained for him by an uncle after World War During the 1930s, one group of investors checked on the validity of the diploma and was told by university officials that a T. Henry Moray never attended the university.

Moray then claimed he had attended under file name of J. Cane because be feared bis activities at the university would conflict with his LDS mission. Needless to say, attempts by The Arizona Republic to resolve this matter were fruitless. It is, however, illustrative of the conflicts and mysteries associated with Moray and his device. Moray returned to the United States in 1914 and went to work as an engineer and electrical contractor.

He was listed in the 1920 and 1925 editions of "Who's Who in Engineering." During the 1920s and early 1930s, he raised poultry as a hobby. John Moray claims his father was a widely acclaimed expert and was invited to judge shows throughout the West "His Cornish hens were as big as turkeys," John Moray said. Then, the age of "radiant energy" dawned. Moray Products Co. was formed in April 1931 to produce and market "radiant energy" devices.

By 1932 Moray was fighting to dissolve the company, claiming he had discovered a conspiracy among the other company officers to duplicate the device and cut him off without a cent About the same time, stories started circulating in Salt Lake City that Moray had sold the device for millions and was trying to keep all the money for himself. Moray claimed he did get offers ot up to $100 million to take the device off fiie market and then he was approached by a Communist agent to go to Russia where he would be appreciated. John Moray says his father steadfastly maintained he had refused all offers because he wanted to insure the device would benefit people. If his father did get a large sum of money, there was not much evidence of it around their home, John Moray said. By the mid-1930s, the family fortune was pretty much gone, spent on the device.

John Moray said the device contained many quartz-like gadgets, similar to radio or television tubes. Each quartz gadget was made to Moray's specifications by manufacturers in Europe, Germany and England. "There was an English manufacturer that convinced my father his quartz was made from sand from a ruby mine," said John. Because his father was a suspicious man by nautre, he had the quartz pieces shipped to various post office boxes scattered throughout Utah. John Moray aid he can remember many trips with his father to faraway towns to pick up the packages.

Many pieces were used because only about 2 percent worked properly, John Moray said. A second company Moray Manufacturing Co. had been formed, but it ran into trouble when the bankruptcy story about Moray began circulating. In 1936, Moray mortgaged the family home, and John Moray says me money was used to buy back the stock in the company. In 1939, the federal government became interested in "radiant energy" after friends of Moray persuaded Franklin D.

Roosevelt it had potential. Food prices up 1.3 pet. in county, bank reports Maricopa County the cost of food in the Tucson area has climbed 12.8 percent, The Feburary gain in Maricopa county was caused by increases in two categories, the report said. The cost of cereals and bakery products rose 4.3 percent and meats, poultry and fish prices rose 2.9 percent. The report was compiled by Arizona State University's Bureau of Business and Economic Research and the University of Arizona's Divison of Economic and Business Research under sponsorship of First pers paid 1.3 percent more for food in Febu-rary than in January, according to a report released Monday by First National Bank of Arizona.

The report indicated that shoppers paid $18.74 last month for a basket of foodstuffs identical to one that cost $10 in 1967. The same food cost $18.51 in January and $17.31 one year ago. In Tucson, retail food prices rose 1.01 percent during February, primarily because the cost of meats, poultry and fish jumped 2.15 percent. In the past 12 months, vupT0 rm Fri. 10-9 OFF Ai 1615 W.

BETHANY HOME RD. 9:30 AM 9 PM Some quantities limited TUESDAY ONLY Former State Republican Chairman Harry Ro-senzweig gave his fellow Republicans a three-part formula Monday for winning elections. Addressing the Phoenix Republican Forum at the Royal Inn, 1102 N. Central, Rosenzweig said the formula consists of fund-raising, high quality candidate recruitment and a party philosophy that allows for shades of differences. "First, we must remember that the Republican Party will always need broad-based' voluntary fund-raising significant built-in advan-.

tages that organized labor gives to the Democrats," he said. Rosenzweig noted that the party engaged in successful fund-raising in 1972 and 1974 which was mostly because of extra strong efforts made during the off-election years. "We Republicans will never be able effectively to support good candidates without bearing in' mind that the off-election years are the time to replenish our financial war chest," he added. "The most important point is that funds can always be raised when Republicans of all types are confident that they have a real voice in a broadly based party organization and only then," he warned. "Our party came out of nowhere in the 1950s with new faces like (Barry) Goldwater, (Howard) Pyle, (Paul) Fannin and (John) Rhodes," he added.

"We prospered and continued to win even more in the late 60s and early 60s with (Jack) Williams, (Sam) Steiger and (John) Conlan." "There is the queston: Where are the 'new lead-ers' of the Arizona Republican Party Rosenzweig said. "They may be in a county supervisor's office, in a treasurer's office or in the Legislature." "We may never find them, however, until Republican organizations at all levels actively encourage their candidates to become fully involved in party activities where they can be seen," he added. Sale 11 He Printers faction signed on as a $a-a-day a good fee at mat 1 7 Moray was gig denied injunction consultant quite 3 time, to the fed Moray was federal Rural Electrifica tion Administration. Save 30 Relaxing infrared-heat As a result, Moray was able to obtain loans to build a laboratory facility for further rk on the device. It appeared hard times were over, but looks wert deceiving.

Wednesday: Smashed devices and kidnappings. backmassager. Groups plan symposium on solar energy TEMPE A conference on solar energy for home use will be at 9 a.m. March 18 at Arizona State University. The one-day symposium will be in the ASU College of Architecture, and is jointly sponsored by the Phoenix section of the American Institute of Aeronautics and Astronautics and the Arizona Solar Energy Association.

There also will be an outdoor display of representative solar equipment for home use. Experts from Arizona colleges and industries will speak on topics such as "Solar Perspectives," "Energy Collection," "Using Solar Energy," "Practical Solutions," and "Reducing Your Power Bill." Admission is $15 for the public and $10 for association members and full-time students. Admission includes lunch on campus and copies of prepared papers on solar energy. Reservations are being handled by the Arizona Solar Energy Association. 588 A group of substitute union printers whose positions were eliminated by a negotiated contract were unsuccessful Monday in an effort to block part of the contract U.S.

District Court Judge William P. Copple refused to issue a preliminary injunction to halt enforcement of a portion of the contract that does away with the printers' jobs. Copple made his ruling in a suit filed Dec. 30 by the substitute printers against their union, Local 352 of the International Typographical Union, The splinter group accused union negotiators in the suit of bargaining away members' rights under an employee-employer contract negotiated last year. Also named as defendants were the International Typographical Union of North America and Phoenix Newspapers the employer.

The action asks for monetary dam-ages and an order declaring null and void portions of a wage-scale agreement covering the substitute workers. The agreement took effect Jan. 1. Reg. 39.99 I Dem denied new term on retirement board The Senate Judiciary Committee Monday deined K.

C. Rader reappointment to the Arizona State Retirement Board. The committee action came after several persons testified that Rader, a Nogales, Democrat, was unsympathetic to retired people and was instrumental in closing a meeting of the board when an annual audit report was discussed. Rader served two four-year terms and was nominated for another term by the late Gov. Wesley Bolin.

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i1 i i i wi i ii 'i' mm -ar-rr Candidate delays opening of office Jack Londen, a candidate for the Republican gubernatorial nomination, Monday postponed his planned campaign headquarters opening because of the death of Gov. Wesley Boiin. LIMITED TIKE SALE ON SEALY POSTUREPEDIC CCXEMAK3SEE OUR KEW FACILITY! KEH CSSX TO OUR OLD LOCATION LET CHARG-ALL HELP YOU STRETCH YOUR BUDGET Hunting value? Find it here. ILL Use your American Express Card, Matterdrarge, BankAmerkard or Diner's Club. A ton lirtuitd spot undtf ycur dtnturt en (Ml juit painful it Mil toolhicht.

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Pages Available:
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