There Goes a Tenner 7" (runout groove msg.)

[Ronald.Girardin@Dartmouth.EDU (Ronald Girardin)]

Hello Love-hounds;

Someone recently asked about the meaning of the message in the runout groove of
side-A of There Goes a Tenner 7".  
"RAYS".  

This is my guess:  I think "RAYS" stands for Ray Staff.
Ray Staff is credited on the picture sleeve for cutting
the record. It says: "cut by Ray Staff"   

Does anybody out there have other explanations?

peace

ron