Skip to main content
The largest online newspaper archive
A Publisher Extra® Newspaper

Arizona Republic from Phoenix, Arizona • Page 64

Publication:
Arizona Republici
Location:
Phoenix, Arizona
Issue Date:
Page:
64
Extracted Article Text (OCR)

THEA1120MA.RETOB1IC Mafia taint lades usiness fhettfct, Nov. 11, ittft NEW STEP FORWARD-Stanford R. Ovshinsky is the inventor of devices which may revolutionize television by eliminating bulky picture tubes. Pictures of any size may be shown on a wall. The future TV thin screen would resemble a piece of glass.

In front of him is an ovonic flat panel display, the screen about an inch square in center, which may make thin- screen TV set a reality. Tobeless TV possible Electric milestones in semiconductors NEW YORK long-gathering revolution in electronics is now promising tubeless television receivers, ballistic missiles immune to defensive antimissiles, and cracker- box-size computers suitable for the home. All this and more it would do by replacing transistors and other components of electronic circuits with semiconductors of electrical currents which are much smaller in size, cheaper and easier to make, and enormously faster and more versatile in operation. The revolution reached maturity in theoretical science last week with publication of a paper entitled "Reversible Electrical Switching Phenomena In Disordered Structures" in a technical organ of the American Physical Society, "Physical Review Letters." FROM THIS maturity, a complete technology must now be built as was true 21 years ago when the transistor itself reached theoretical maturity. In those 21 years its developing maturity created a huge industry and changed the everyday lives of countless people, with awesome electronic circuits for devices ranging from miniature radios to guidance systems for space rockets.

The paper was theoretical proof that impure (or disordered) solid states of matter can be made to perform all the electronic wonders that pure (or ordered) solid states have been made to perform, and more, too. The transistor and similar semiconductors depend on ordered solid states. The author was Stanford R. Ovshinsky, electronics engineer and physicist of Troy, Mich. For years he was a lonely researcher into the possibilities of disordered solid states.

Physicists knew that In some instances they could be electronically manipulated, but there seemed no practical way of doing it. In 1966 Ovshinsky took out patents on devices which explored them. He then organized his own developmental corporation, Energy Conversion Devices, Inc. ALL SEMICONDUCTORS are so-called because they both block and permit the flow of electrical currents, depending on their design. With transistor-type semiconductors the designing is the selective spotting of impurities in crystallized or pure elements such as germanium and silicon.

Experimentally, Ovshinsky developed disorder solid states with chemical forms of the elements, teillirium and selenium. Their electrically conducting atomics are weakly bound and subject to being either broken or united by controllable environmental circumstances, such as the strength of an electrical field. As proof of the theoretical basis, he has two devices. Both switch from blocking a current to conducting it in ISO- trillionth of a second when the voltage of the current exceeds a pre-set threshold. When the voltage falls below the threshold it resumes blocking, One of the two has built-in "memory." When the currrent Is shut off entirely, it remains in whatever state it was in, conducting or blocking.

Both are tiny, thin film upon which the disordered elemental chemical compounds have been selectively evaporated. A technology for exploiting the possible "phenomena" has great potential. PASSIVE PARTS of electronic circuits such as conductors, resisters, and capacitors can now be put onto thin fUm. A computer in which all active as well as passive parts were thin film could be 10 times smaller than the smallest of present ones, and small enough to provide automatic guidance systems for home appliances and safety controls for family cars. Theoretically, these "disordered structures" could be sandwiched with electro-luminescent phosphors into a flat television screen for hanging on the wall, like a picture.

The screen could be even of wall-size and the picture tube would be eliminated all together. Ed Brlnghurst Your Independent Insurance Agent Will select the fire arid casualty for your car, home or a member of Standard Insurance, Ed give? you Continuing Service and heloj vou when you ave 9 claim. ALWAYS AT YPMlWIVICi n. Companies buying Las Vegas casinos Angeles Ttaei LAS VEGAS The age of private ownership of hotels and gambling casinos which tainted this city with the image of hoodlum control is rapidly disappearing. Large publicly held corporations are taking over.

Of the approximately 20 hotel-casinos or casinos without hotels on the Las Vegas strip, only two or three remain completely independent. All of the loners have been approached for takeover by a larger concern, or have long-range plans to issue stock. The accelerating corporate trend has resulted in a concentration of control. Just as the auto industry has Its big three, the Las Vegas resort and gambling industry has its big five. ITS LEADER, however, is far from "public." He is Howard Hughes, the mysterious billionaire, who after two years of Las Vegas residence has acquired or is in the process of acquiring six facilities on or near the strip.

Hughes-owned hotel-casinos Include the Sands, the Frontier, the Castaways, and the Desert Inn where Hughes lives. Hughes also owns one "gambling hall and saloon," the Silver Slipper, and Is concluding his purchase of the Landmark, a never-opened tower structure near the strip that has been plagued with financial difficulties since its construction began eight years ago. Rounding out the big five are: Webb Corp. of Phoenix. It owns three hotel- casinos in Las Vegas the Sahara, the Thunderbird, and the Mint in the downtown area.

Webb also owns the Sahara Tahoe on Lake Tahoe in northern Nevada. Dohrmann Co. of Los Angeles. It owns two hotel-casinos the Fremont in downtown Las Vegas and the Aladdin en the strip. Connector Corp.

Since control In Continental Connectors, an Eastern concern, was acquired by E. Parry Thomas, chairman of the Bank of Las Vegas (also a director of both the Webb Co. and Parvin Dohrmann and whose name appears in some of Hughes' land purchases), the company Has acquired the Dunes hotel-casino on the Las Vegas strip and is in the process of acquiring the Golden Nugget, a large casino in downtown Las Vegas. Kirk Kerkorian, a former airline executive. He Is building the International Hotel, and owns 82 per cent of the Flamingo hotel-casino on the strip.

International Leisure a holding company for both facilities, has proposed a public stock offering. Kerkorian recently purchased the Bonanza Hotel. Its casino is not now operating. He plans, however, to reopen it. and include it in the stock offering.

MOST LAS VEGAS businessmen think the "corporate APARTMENT LAND TEMPE Zoned for 600 Unift $600 ptr unit. Will divioV Co. Box 334 15281 967-7871 APARTMENT INVESTING SEMINAR AttMd wir I nlihl MM II, ItOMM MMMinM wife mrililnt tovtrm. market coodlttoni, current owner retponslbllillet, menegement Irelnlnf, rente! deprecle- lion, etc. No ebllittlon, however, ret- ervetlont are required.

Management Clearing 1230 E. Cemelback 264-1007 lerieit marketplace for apartment trend" good, If for no other reason than control of gaming casinos by legitimate, publicly held companies tends to make tourists feel easier about visiting Las Vegas. "They no longer feel quite so much that they're turning over their money to the Mafia," says a Las Vegas insurance executive. "Also there's no longer a fear that somebody will tap a big winner on the head with a pistol and take it back." Some businessmen, however, are not too sure that "the mob," if it ever did control Las Vegas and If it can be defined, is completely gone. "They're still around," says a veteran Las Vegas real estate executive.

"The corporations are here now, but I haven't seen anybody chased out of town because of that." THERE IS general agreement, however, that corporate control is beneficial in improving the town's image. A few business leaders say that Las Vegas would suffer if it obtained the reputation of a family town, since some visitors come to luxuriate in a little bit of sin, but that opinion is rapidly fading. For whatever reason, tourists keep flocking to the glittering desert town. In the first six months of 1968, the number of passengers at McCarran Field totaled 1.59 million, up a healthy 17.2 per cent from a year ago. "We're having a tremendous year in hotel-casinos," says Robert A.

Maheu, chief executive for Hughes operations in Nevada. Adds J. K. Houssels major stockholder in the strip's Tropicana Hotel, which recently sold out to a publicly held Texas regional airline: "It's fantastic how business has picked up. Last year I was worried about over-capacity.

Now I believe there's room for more hotels." FINANCIAL results of the Tropicana illistrate the boom trend. The hotel grossed $22.5 million In the year ended Sept 90, Houssels says, versus $19.8 million hi the previous year. Net after taxes was $1.4 million, up more than 100 per cent. Houssels attributes the new boom on the strip primarily to the trend toward corporate control. He explains: "In the mind of the public, the Mafia image has left." NEW ALUMINUM SHRINES OSAKA (AP) Aluminum Buddhist shrines have been introduced in Japan by producers who say they are cheaper and more durable than the traditional wooden shrines.

NO WAITING FOR GOETTL HEAT PUMP Factory Parts SERVICE INDIAN SCHOOL at ST. 264-2681 "II Id el call Ootttl" MOTHER Andy Capp In wake of GOP win Import tightening predicted London Times Service LONDON Richard Nixon's presidential victory will mean a vigorous tightening up of America's Import agreements, said business consultant Pierre Rinfret, first to join the new president's five man team of economic advisers, in London Saturday. Clothing imports, said Rinfret, have been running too high, with Japan the major seller, and will be the first target for quotas. But Japanese clothing manufacturers will not be the only ones to feel the bite of Nixon's efforts to cut down the U.S. payments deficit.

STEEL manufacturers can breath a sigh of relief, for although Imports account for 13 per cent of America's steel consumption the president- elect has pledged no fresh restrictions. But government officials will be taking a close look at imports of cars (11 per cent of home production) and a wide range of other goods, including chemicals, television sets and electronic components. "Nixon's prune objective will be to restore confidence in the dollar," Rinfret said. "He's no protectionist But to improve the balance of payments he will enforce outstanding agreements, which the present administration is not enforcing." Efforts will be made to boost exports and aid programs may be curtailed, according to Rinfret. "THE FOREIGN economic and military aid program probably will exempt from aid any country which is shipping goods to North Vietnam," Rinfret suggests.

Enforcing Import agreements will be carried out piecemeal but only after thorough Investigation the first full list Hot-rolled steel price cut jolts metal sales outlook New York Times News Service PITTSBURGH The steel market outlook was dominated by price uncertainty last week. Early in the week, Bethlehem Steel Corp. cut the price of hot rolled sheet by $25 a ton. By midweek, most of the big sheet producers had followed in the reduction or had indicated they would match the price of those who did. That left hot rolled sheet with a base price down to the level of 1956 and with a net price about $50 a ton under that of cold rolled sheet.

Mill officials noted that the abnormal price spread can't be maintained forever. However, there was no enthusiasm for a correction that would reduce cold rolled and other sheet steels to 1956 levels. THE PREVAILING theory is that the big slash was made to discourage informal, selective concessions by domestic competitors. If price stability is achieved, officials reason, the price of hot rolled sheet will eventually be moved back up. If that doesn't happen, said a sales manager, prices of related grades will tend to come down.

There had not been time for a full market reaction, but one large buyer was exploring the possibility of buying hot rolled sheet from one mill and having it converted by another. A mill official said orders will be screened carefully to prevent this practice. See the newest in COMPUTER PERIPHERALS at this MDS OFFICE 2721 N. CENTRAL AVE. PHOENIX, ARIZONA Telephone: MICHAEL RICHARD, Manager Data Processing Executives are invited to write, telephone or visit us.

Full Information available on the multi-purpose line of MDS including MDS High-Speed on-line and off-line Printers Buffered Line Printers. Upgrade your with MDS Units. MOHAWK DATA SCIENCES CORPORATION P.O. Box 630 Street, Herklmer, N.Y. 13350 Telephone ROOF COATING Contains DuPont Titanium Dioxide, Epoxy Emulsion Fiber-Glass We do all types of Roofing ft Repairs.

We will beat any qualified bid for quality roofing, Also Room Additions ft Homo Repairs Reducts cooling cost up to Insulates against heat and cold Ends formal Wind Damage Increases property and re-sale value Won't chip, peel, er dtonge color Guaranteed for 20 against above damage Beautifies your dome White color or colon FHA FINANCING C4U NOW Free Obligation 252-7379 SEE OUR BOOTH AT THE ARIZONA STATE FAIR, IN THI COLISEUM 20 YIAR FULL FACTORY GUARANTY ON POLAR COAT ROOF COATING APPRESS CITY PHQNI UNIVERSAL 1134 20tfc Woct AHioiHi FERS Phoru 252-7379 was drawn up only a month ago. "Anything going to be done In this area," he adds, "is not going to be done with a meat ax." MACH 1 LEASE to Immediate Delivery Read Million's Southwest Auto Least Try a Republic want ad JALEM FOR SPECIALISTS In QUALITY CLOTHES BIG MEN TALL AND VNB credit cord Matter Cart 1609 E. McDowell Open Thurs. 'til 9 252-0163 MAY WE HELP 'Speed Your Stapling and Nailing Work? DUOMST Mr, fffocfrfc CNN! HoiMf roofs can Speerf Simplify 1000 and I Jobff fcKl wttitff WRITE OR PHONE 902 W. GRANT 258-7196 A Division ef Kiiflor Industrial IMSORAMCE BOMDS Validated Parking at Auto Ramp 21 W.

Van luren Credit Card payments getting out of hand? Take command with a consolidation Pay credit and charge card balances with one loan from us, Have just one sensible monthly payment you can handle, Call us and we'll tell you how much we can reduce your monthly payments. CASH YOU UCflVI 900 500 1,000 MOO 2,000 2,900 3,500 MONTHLY MYMINT $1771 29,97 07,83 V7A5 11448 NO. MO. 24 24 24 30 96 96 96 OTHfllOANNAMIOtMM TAKR COMMAND apply for a loan from HIMilR AMERICAN INPUtTRIAl IANKIRI AMU. E.

Indian School 9594350 Bethany Home Ph: 2794566 E. Cam.lb.ck—Phon. 2644851 Er 9634675 S. Suite 9644637 E. 9674688 ALSO IN PRESCOTT.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

Publisher Extra® Newspapers

  • Exclusive licensed content from premium publishers like the Arizona Republic
  • Archives through last month
  • Continually updated

About Arizona Republic Archive

Pages Available:
5,582,716
Years Available:
1890-2024