John F. Graham, 68, a retired journalist and broadcast executive and a resident of Washington since 1965, died Wednesday at George Washington University Hospital. He had emphysema.

Mr. Graham was a native of New York City and a 1934 graduate of New York University. During the 1930s, he was a reporter with the old New York Daily Mirror and the old New York Sun and a news editor with the National Broadcasting Company.

He was a retired major in the Army reserves. During World War II, he was an information officer, and served in the Far East.

In the mid-1950s, he spent a year as an independent television producer in France. He then served as news editor and manager of radio and television stations in Idaho and Montana.

From 1961 to 1962, Mr. Graham was general manager of Cook radio and publisher of the weekly Billings Yellowstone News, both in Billings, Mont. pHe helped operate a chemical import-export business in France before retiring to Washington in 1965.

He was a member of the Reserve Officiers Association, the Military Government Officiers Association, the American Legion and the Society of the Cincinnati.

Survivors include his wife, Madge E., of Washington; two daughters, Karen P. Dassieu of Falls Church, and Margot Fass of Rochester, N.Y., and a brother, Frederick, of Marshall, Va.