Word: frankfurt
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Dates: during 1950-1959
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...quarter of 1958 was the holding company for Philips' Gloeilampenfabrieken, the G.E. of Holland. So many orders are going into London from the U.S. that at least two London brokers are keeping their trading desks open until 8:30 p.m. to handle orders to buy British securities. The Frankfurt stock exchange, which closes before the New York Stock Exchange opens because of the time difference, is thinking of reopening later if U.S. transactions get heavier...
Some German businessmen were openly cool to U.S. investment. "American stock purchases overseas," said Georg Bruns, manager of the Frankfurt stock exchange, "often have a speculative character. We need sound, long-term support from .our shareholders. Also, Germany must export capital to rid itself of high currency reserves. There are already not enough shares to meet demand...
...Algeria. In Algiers last week a Moslem who accidentally exploded a hand grenade, injuring no one but himself, was beaten to death by a street crowd; so, for good measure, was his companion. In West Germany, in an odd echo of the Algerian troubles, the public prosecutor of Frankfurt charged that a French underground organization called "the Red Hand" had murdered five Swiss and German citizens in a clandestine war against Central European businessmen engaged in selling arms to Algeria's rebel F.L.N...
Back in 1950, when Al was still a heavy-weight-at-large hanging around the Frankfurt PX, he got to know some German girls with Negro babies. He heard the bitter stories of the Negerkinder. He heard about the little boy who, taunted by a ring of white children crying, "Du schwarzer Neger," answered them bitterly: "Be happy...
...Harvard student is superior to the continental European student in respect to the wideness of his interests, but the two are about comparable in capabilities," Willy Hartner, Director at the Institute on the History of Science at the University of Frankfurt, observed in a recent interview...