Time Clock, Feb. 29, 1960

STOCK-TRADING RECORD was set by New York Stock Exchange in 1959, when more than 1 billion shares worth more than $43 billion were traded, highest since 1930.

G.E. OFFER for a major interest in ailing Bavarian Motor Works, West Germany's seventh largest automaker, is under consideration. B.M.W., already licensed to produce G.E.'s J-79 jet engine, is slated to get a $100 million contract to build them for German air force's new Starfighter.

COLOR TV PRODUCTION will be doubled in 1960 by RCA, which last year earned its first profit from color since it was introduced in 1954.

ALEXANDER L. GUTERMA, 44, the freebooting financier...

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