THE ASTRONOMICAL JOURNAL VOLUME 108, NUMBER 2, PAGE 555 AUGUST 1994 BVI CCD PHOTOMETRY OF GALACTIC GLOBULAR CLUSTERS. II. M68 ALISTAIR R. WALKER Cerro Tololo Inter-American Observatory, Casilla 603, La Serena, Chile Electronic mail: awalker@noao.edu ABSTRACT A total of 363 CCD frames in the B, V, and I passbands have been used to study the color-magnitude diagram (CMD) and the variable-star population of the metal-poor galactic globular cluster M68 (=NGC 4590,=C1236-264). Light curves have been prepared for 40 RR Lyrae variables, five of which are new discoveries, and for two probable SX Phe stars. The RR Lyraes have =15.64 +/- 0.01, and via several methods E(B-V)=0.07 +/- 0.01. [Fe/H]=-2.1 is adopted. From a comparison with Sandage's data for M3 (=NGC 5272,=C1339+286), a period shift of Delta(log P)/Delta([Fe/H])=-0.11 +/- 0.02 is derived, and the mass-to-light parameter is found to be =1.90. RR Lyrae masses are derived from Fourier fits to the light curves, from the RRd variables, and by comparison with HB (horizontal branch) evolutionary models calculated by Dorman. The light-curve structure agrees qualitatively with recent theoretical models. From short exposures, CMDs have been prepared that are complete from the tip of the red giant branch (RGB) to below the level of the HB, while from the long exposures a CMD to V ~ 23 is provided for 7298 stars more than 158 arcsec distant from the cluster center. The HB is skewed to the blue with the eight bluest stars clearly separated from the remainder of the HB stars. This HB gap is at the identical color to that in M15 (=NGC 7078,C2127+119), but M68 lacks the extensive population of the very blue HB stars present in M15. The total number of HB stars is deficient with respect to the RGB population, with the ratio of RGB to HB stars R=0.99. There are several likely blue stragglers identified on CMDs of inner annuli, but near to the cluster center photometric errors scatter stars off the main sequence (MS) into this region. The deep CMDs are in excellent agreement with existing CCD CMDs for M68, with the MS turnoff Delta(V)=3.42 +/- 0.10 mag below the HB. Matching the M68 CMD to that for M15 in the subgiant-MS turnoff region shows that the age of M68 is identical to that for M15 to within +/-0.4 Gyr.