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JACOBS CALLS HOLDINGS IN GILLETTE 'SUBSTANTIAL'
The Jacobs report, nevertheless, put pressure on Gillette to keep stockholders happy or face further takeover attacks.
S.E.C. to Define Insider Trading
Mr. Cox added, however, that the S.E.C. believed that a definition of illegal insider trading would be valuable. ''There are a lot of questions raised by the public about this,'' he said. ''It might be useful if Congress took some steps to really set the parameters on what's in and what's out.''
Crane Drops Beams At Construction Site
METRO DATELINES
Appeal Fails to Block Building Moratorium
METRO DATELINES
Immunity for Diplomats, Not Officials
Diplomatic immunity has many unhappy consequences, from an annual $1.5 million in unpaid parking tickets in New York City to deportation without trial of alleged rapists. At the same time, it protects American diplomats abroad, and may properly protect the Gotliebs and Mr. Kimche in this country. Their cases will be argued before Federal courts. That, not doing away with special prosecutors, is the way to protect diplomatic immunity.
GREYHOUND IN DEAL FOR TRAILWAYS
Source: Reuters
UNTANGLING 42D STREET: TRAFFIC TO GO WEST (ONLY)
The Times is also concerned that a great deal of construction and roadwork is expected to begin soon in the area, and it would prefer that the conversion of 42d Street be postponed, Mr. Harris said. ''If they were doing this in the future, it could be handled,'' he said.
DAY AFTER CRACK RAID IT'S STILL CAT AND MOUSE
''People start calling out their windows as soon as I head up Manhattan Avenue,'' he said. ''By the time I reach the block, they've mostly cleared out.''
Uncovered Short Sales Rise by 6.6% on Big Board
12,636
Fears That Are Tearing New York Apart
All New Yorkers should join in these efforts. We have the resources and the energy to bring about change. We need only the collective will.
Times Buying Georgia Paper
In addition to The New York Times, the Times Company publishes 32 newspapers in Alabama, California, Florida, Kentucky, Louisiana, Maine, Mississippi, North Carolina, South Carolina and Tennessee.
SALOMAN CITES STAKE BY HARCOURT
Separately, in London yesterday the stock of Reed International rose on rumors that Harcourt might try to acquire Reed to make itself harder to take over.
Ruling Foils Latest Strategy In Fighting Idea of Evolution
Judge Hull, whose decision rested on the families' rights to freedom of religion and who did not find anything wrong with the books or order their removal, is said even by its critics to have a more plausible basis in Supreme Court precedent than Judge Hand's. It is also being reviewed by a Federal appellate court.
New French Cause Celebre: A Book Calling Nation Lazy
(Source: I.B.M. Europe)
SHULTZ WARNS ASIA NATIONS ON TRADE
Mr. Shultz's main message to the association members, the official said, was that ''they should seek other markets.''
Jazz: Charlie Haden on Bass With His Quartet West
The group's saxophonist, Ernie Watts, has a pretty, keening sound, especially on the alto, which he broke out for a gorgeous meditation on ''My Foolish Heart.'' Playing tenor on the be-bop and free tunes, he tended to rely on machine-gun bursts of eighth-notes, broken up methodically by high-register spinoffs and low-register honks, a strategy that began to seem predictable. Like Mr. Watts, the pianist Alan Broadbent was effective on the prettier material, and could have lavished more thought and imagination on the group's ventures into more bracing idioms.
INSIDE
Trailways Sells Out to Rival Trailways, a victim of air deregulation, will end more than 52 years of providing bus service by selling out to Greyhound Lines. Page 37.
AN NBC CONTRACT THREAT
But more important to the union is the issue of temporary workers, or day hires, which are not in the current contract. NBC wants to use day hires at 4 percent of the work force the first year and 6 percent thereafter. The union contends this will eliminate union jobs.
STATE PROPOSES AIDS EDUCATION FOR ALL STUDENTS
The Regents also expressed concern about how the course would be financed. The Board of Education has received $700,000 from the Legislature, which some Regents said would not be sufficient to train the 250,000 teachers in the state.
Creditor Will Challenge PTL
The reorganization plan must be accepted by a majority of PTL's creditors. Among the 1,400 creditors listed by PTL are building contractors and the television stations that carry the ministry's program.
IF IT'S THORPE, IT'S THE OPEN
''Just block everything out and go play,'' he said. ''This Olympic course is going to take the putter away from a lot of guys.'' SPORTS OF THE TIMES
New Charge for a Chief Of Philadelphia Mafia
The defendants are charged with conspiracy, operating a continuing criminal enterprise and illegal importation and distribution of illegal drugs.
COPING WITH FAILURE: ROADS TO RECOVERY
Ironically, her next job was with the investment banking division of the bank that had dismissed her. She is now a senior vice president at Dillon, Read & Company. Through conscientious self-study, she said:''I learned that even though I was right it wasn't always necessary to articulate it. I realized that it was better to just do the job than be a self-promoter. I went from walking on one leg to being a sprinter.''
NUCLEAR OFFICIAL VOWS TO KEEP JOB DESPITE CALLS FOR HIS RESIGNATION
''To suggest that my purpose was to interfere with the investigation or to intimidate Mr. Martin is, with all due respect, ludicrous,'' he said. Other members of Congress have called for Mr. Roberts to resign, but Mr. Gejdenson is the first to ask the President to remove him. The White House has declined to comment on the Representative's letter.
Judge to Rule On Burlington Bid
COMPANY NEWS
Hoyt Move Challenged
SPORTS PEOPLE
Washington's Mayor Assails U.S. Attorney on Drug Report
Correction: June 24, 1987, Wednesday, Late City Final Edition
President Signs Bill Lifting Fee at Statue
''The $1 admission fee denegrated the Statue,'' said Mr. Guarini, adding that the administration ''must look elsewhere'' in its effort to offset budget problems.
Room Tax Isn't Hurting New York City Hotels
Not only has none of this come about, but business has boomed. As your article points out, hotel occupancy is at an all-time high. The tax is a fair one. People here on business or pleasure require not just their hotel rooms but also the services our city provides them, such as public transportation, traffic regulation and fire protection, and these services cost money. The city should use the new revenue to improve the many services on which visitors, residents and businesses all de-pend. PENELOPE W. PI-SUNYER New York, June 2, 1987 The writer is executive director of the City Project, a nonprofit organization.
Richard Drayne, 49, Counsel for CBS News
He is survived by his wife, Patricia, and four children: Michael, Elizabeth, Katherine and Susanna.
Brodsky Quits Arts Group Over Yevtushenko Induction
Mr. Brodsky, born in Leningrad in 1940, was exiled to the north for ''social parasitism'' and came to the United States in the early 1970's. Affiliated with both New York University and the University of Michigan, he is Five College Professor of Literature at Mount Holyoke College in Massachusetts.
POLICE REVIEW A POSSIBLE BID TO ABDUCT BOY
Lieutenant Power said he was not aware of a second recent school incident but that it may have occurred, if at all, in another precinct. He said there had been no good description of the van or the man involved. An official of the police Public Morals Division said such cases would ordinarily be left to the precints and that he knew nothing of the reported cases.
Panel Accepts Changes In Holocaust Memorial
Arthur Rosenblatt, the director of the museum, said his group would appear before the commission again to present its selection of building material. He said he hoped construction on the museum, which will also have two areas for changing exhibitions, would begin in the fall.
JERSEY TRACES ILLEGAL DUMPING ALONG TURNPIKE
The state police closed the turnpike extension between exits 14B and 14C, a distance of about two miles, for about four hours starting at 6:45 P.M. until the sewers had flushed themselves, the fumes had dissipated and the toll collectors were able to return to their booths.
SOVIET SUPPLY CUT, MANAGUA TO GET LATIN OIL
Henry Ruiz, Nicaragua's Minister for Foreign Trade and Cooperation, was quoted earlier this month by a Nicaraguan newspaper as saying the Soviet Union planned to cut its oil shipments in half. Diplomatic sources here, however, said the reduction could turn out to be even more sweeping.
About New York; Tired of Ties? One 'Perfect' Gift Is a Goetz Ballad
Kindling? Disposability, after all, is a critical factor in any perfect Dad's Day gift.
N.A.A.C.P. LEADER SEEKS FEDERAL CASE ON GOETZ
He added, ''If Goetz can do what he did and walk away, then none of our young black males, whether they be students, young professionals, honest workers, young parents raising a family or whatever, are safe.''
A Twist on Shakespeare By a Twirling Champ
So she doesn't drop her baton. She has compromised, however. Every once in a great while, she'll let a juggling club fall.
Third-Class Mail Is Alive, Well and Paying Its Way
So as Mr. Bovard continues to play his fanciful intellectual demolition derby, the Postal Service will continue to provide the most efficient and economical service possible to customers throughout the United States. FRANK S. JOHNSON JR. Assistant Postmaster General Washington, June 11, 1987
Trap Is More Likely to Work Against the Novice Defender
BRIDGE
CORRECTIONS
A photograph in Weekend yesterday with a review of Beverly Pepper's art exhibition portrayed a work incorrectly. The work, ''Goliath Wedge,'' was printed upside down.
Victor in the Bahamas
Prime Minister Lynden O. Pindling on his way to vote in election yesterday. His party retained a majority. Page 2. (AP)
Bond Prices Advance Slightly
CREDIT MARKETS
Senate Fails, for Fifth Time, To End Election Fund Debate
The Senate majority leader, Robert C. Byrd, warned colleagues that unless a compromise was reached he would put the Senate on a ''two-track'' work schedule next week. Under this schedule, the Senate would handle the budget and trade legislation in the daytime and return to the campaign finance issue at night.
CAR LIGHTS IN DAYTIME PROPOSED
CONSUMER SATURDAY
The Graying of School Decentralization
The problems facing the New York City school system are huge. Reform is urgently required. A commission -established by the Governor, or the legislature, or the Board of Regents - should be named forthwith to consider all the relevant issues. And the commission could begin its work with a careful look at the problems that have crept into our system of decentralization.
Court Rules on Child-Molesting Cases
SUPREME COURT ROUNDUP
NEWS SUMMARY: SATURDAY, JUNE 20, 1987
5 5 ex-Puerto Rican officers sentenced 34 Washington Mayor assails prosecutor 8 Nuclear official vows to keep job 33 Polygraphs in workplace assailed 33 Rice wants to resume her life 34 Creditor will challenge PTL 34 Evidence indicates new planets 34 Regional 29-32 Repairs to a New York highway will continue for at least two more years, officials said. Traffic has been snarled along a section of the Brooklyn-Queens Expressway that has been under repair for more than two years already. 29 The day after raids on crack dens in a two-block stretch of West 107th Street by 200 police officers, neighborhood residents said that drug dealers had adopted a lower profile, but remained active. 31 Two Howard Beach trials will be held, the judge in the case ruled. The trial of four white teen-agers charged in the death of Michael Griffith will begin on Sept. 8. Seven other defendants will be tried afterward on other charges. 31 Bess Myerson was obsessive in her behavior during a romance, according to a police report prepared in 1980. The report was not included in a background check when Mayor Koch nominated her for a city post. 29 Reacting to the Goetz verdict, Benjamin L. Hooks Jr., executive director of the N.A.A.C.P., said that the United States Attorney in Manhattan will be asked to re-examine whether Mr. Goetz can be prosecuted under Federal civil-rights laws. 31 The passing of the concert band era is well recognized by George F. Seuffert, in his 59th year as conductor of the Seuffert Band. The 75-year-old conductor said his band may not continue if he cannot find a successor. 30 Harmony is strained in Radburn, the first suburb designed for the automobile age. Various disputes have led to the first formal challenge to the community's board of trustees in its 58 years. 29 One-way traffic plan for 42d St. 29 Judges add confusion to merger 29 Jersey traces illegal dumping 30 Inquiry in boy-stranger incident 30 State proposes AIDS courses 32
TEXAS PANEL REITERATES VOW TO BAR UNFIT DOCTORS
He said that even though it was extremely difficult for rural doctors, given their enormous workload, to keep up with new developments, ''all physicians have an obligation to themselves as well as to their patients to make a sincere, dedicated effort to participate in medical education programs to keep up with the latest in medicine.''
2 TRIALS ORDERED FOR DEFENDANTS IN RACIAL ATTACKS
All the defendants are free on various amounts of bail except Mr. Lester, who is in prison serving a sentence for a gun-possession charge in an unrelated case.