Time Clock: Apr. 21, 1961

GENERAL ELECTRIC will resume making color TV sets this summer, having given up five years ago. GE says it is joining Zenith and other manufacturers who went into color recently because color TV is entering "the initial phase of mass-market acceptance." Until then, R.C.A. was sticking it out almost alone.

ALLEGHANY BOUT goes into the final round with the count about 3,300,000 common shares held by Chairman Allan P. Kirby and 2,600,000 by the Murchison Brothers. Decision on who will control the giant holding company that controls the New York Central and $3 billion in investment funds will go to side that...

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