Word: frankfurts
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...limited to no more than twelve officers and noncoms sits in Potsdam in Communist East Germany. In a comfortable lakeside villa they go about an ordinary daily routine of playing cards, listening to the radio or dialing in their favorite television programs. Similar twelve-man Russian missions sit in Frankfurt in West Germany, and in the former British and French occupation zones...
...Germany, the Frankfurt exchange retreated only momentarily from its all-time high of 386 on the industrial index, soon rallied to 380. German experts blamed the break chiefly on massive flotations of new stock by expanding German coal and steel firms, which temporarily flooded the market...
Double Standard. In Frankfurt, West Germany, Movie Starlet Sabine Sinjen, 17, greeted thousands of fans at the premiere of her new comic criminal film, No Angel Is So Pure, then had to go home before the actual showing because it is a film that German law forbids juveniles to attend...
...business. Today, Neckermann rules over an empire of 22 retail stores, 48 electrical appliance stores, 60 repair shops, more than 100 mobile repair units and 8,000 workers-and a 1959 gross of $132 million. All this has made Joseph Neckermann a millionaire: he lives in a 16-room Frankfurt mansion with his wife and three children, indulges his hobby of riding with a stable of prizewinners. To keep his empire humming, he works 12 hours a day, often sleeps on an office couch...
...Wholesalers and Retailers pressured small firms to prevent them from subcontracting to make goods for Neckermann. He sued for damages, and in postwar Germany's liberal economic climate won his case and forced the association to rescind its edict. Moving out of his barracks into an eleven-story Frankfurt building, Neckermann fattened his catalogue, added furniture, came out with a "Neckermann Radio-Super" that had the same features as competitors' models but sold for $45, v. $75. The radio started Neckermann's real troubles-and his real opportunity...