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 convicted of bilking the public of nearly $1 million when he headed F. L. Jacobs Co., was fined $160,000, sentenced to four years, eleven months in prison. Still to come: trial on three other indictments.

MINIMUM-WAGE BOOST is likely to be approved during this session of Congress, since Labor Secretary James Mitchell has said that a "modest increase" in the present $1 minimum will not adversely affect low-wage industries. Unions and most Democrats favor a $1.25 per hour minimum, Republicans a $1.10 to $1.13 per hour compromise.

NEW MISSILE SPENDING will give Douglas Aircraft $60 million in fiscal 1961 for full-scale development of its 1,000-mile, air-to-ground Sky-bolt missile. Designed as a "standoff" weapon to be launched from B-52 jet bombers, Skybolt is expected to be major nuclear weapon, is slated to go into service within next three to five years.

NEW JET ORDERS for Boeing's 727, a 65-to 88-passenger jet still under development, will be placed by United Air Lines. United plans to buy 40 of the 600-m.p.h. 727s, which will cost about $4,000,000 each.

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