RED TRADE TROUBLES in West Germany are growing as German firms refuse to abandon traditional sources to buy Soviet raw materials under 1959 trade protocol calling for 50% increase in Russo-German trade. Germans speculate that Soviets will recall their trade councilor in disgrace because of program's failure.

SMELL-O-VISION MOVIE, produced by Mike Todd Jr. at cost of $2,000,000, will be premiered in Chicago by Christmas, then play at 25 to 40 U.S. movie houses, 40 abroad. Called Scent of Mystery, first film will come with machine to waft 40 smells to each seat in theater.

JET PRACTICE LANDINGS with two engines cut have been ruled out by Federal Aviation Agency in hopes of preventing crashes similar to first fatal Boeing 707 accident (five men dead) last month on Long Island. Under new ruling, airline crews may cut two engines only at altitude.

DISPUTED RULING by CAB allows financial Wheeler-Dealer Floyd Odium's Atlas Corp. to control West-Coast-based, non-sked Transocean Air Lines while it already controls Northeast Airlines. In a 4-1 opinion, CAB declared Odium violated Sherman Antitrust Act, but said illegal action was "outweighed by public interest."

SMALL-CAR DEAL between American Motors and West Germany's B.M.W. is in the exploratory stage. Ailing B.M.W. (pygmy-sized Isetta, high-priced luxury cars) appears ripe for acquisition; massive purchases by speculators have sent its stock to new highs on Frankfurt exchange.

LUXURY STORE FIGHT for Harrods of London, Britain's most elegant department store, was won by thistle-sharp Scots Millionaire Hugh Fraser, after battle with rival Debenhams chain. Fraser, who heads $78 million no-frill, working-class House of Fraser chain, promises to maintain Harrods' morning-coat reputation.

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