February 1, 1982

Federal and city law-enforcement officials yesterday questioned dozens of possible witnesses and sifted large caches of drugs, weapons and money in a widening investigation of the execution-style murders of a Colombian couple and their two infant children in Queens on Saturday. While agents of the Federal Drug Enforcement Administration pursued aspects of the inquiry in Colombia, scores of homicide and narcotics detectives focused the main investigation in Queens at the roadside scene of the slayings and at the victims' apartment, where $15 million worth of cocaine, $1 million in cash and an arsenal of weapons were found. The police said the slayings appeared to be related to a flourishing traffic in cocaine from Colombia. But positive identification of the victims had not been ma de, and the authorities were unable to say whether the couple might b e linked to any known drug ring or to mounting violence in the coca ine traffic in Queens inrecent months.

International P oles fought with the police in Gdansk in vio lent clashes in which more than 200 people were arrested and 14 inj ured, the Warsaw radio said. The fighting broke out despite official appeals for calm on theeve of new food price increases. The governin g military council ordered a stricter curfew in Gdansk aimed at clearing the streets from 10 P.M. to 5 A.M. It also suspended all public entertainment andsports and banned private cars from the roads . (Page A1, Column 6.) U.S. military aid to Egypt and Israel would be increased by the Reagan Administration. Congress will be asked to increase Egypt's allotment by $400 million and Israel's by $300 million in the next fiscal year, Administration and diplomatic sources said. (A1:4.)

The lights gleamed on Richard M. Rosenbaum at the Republican Party's 1976 national convention, where he was the focus of conservative hostility. He was Nelson A. Rockefeller's New York State party chairman - personally picked - a leader in the successful fight to deny the party's Presidential nomination to Ronald Reagan. Today, with his credentials recertified as a loyal member of President Reagan's party, Mr. Rosenbaum will step in front of the lights again and announce his candidacy for Governor. In 1980 he was one of those who seconded Mr. Reagan's nomination, and he helped the Reagan campaign appeal to the state's sizable Jewish population.

''I'm not going to be a designated assassin who just comes off the bench to fight.'' - Paul Mulvey, Los Angeles Kings player who refused to enter a hockey brawl as ordered by coach. (C1:1.)

The nation's sagging economy, high interest rates, and a strong dollar depressed earnings for a broad range of American companies during the fourth quarter of 1981, according to year-end reports issued so far. The cyclical industries - steel, forest products, housing, autos, and airlines - were the hardest hit, while companies in the energy, chemical, brokerage, and electronic equipment fields saw their growth sharply reduced. The only consistent improvement seemed to be in the banking sector and in such uncyclical industries as tobacco and food products. ''The fourth-quarter numbers are describing a typical, but severe, price-cost-volume squeeze,'' said Lacy H. Hunt, economist and executive vice president of Fidelity Bank. For many companies, fixed costs rose more rapidly than prices while sales volumes declined - causing wide swings in profits.