LEAD: The cables that support the Williamsburg Bridge are rapidly corroding and money for a daring operation to replace them is being held up in Congress, state transportation officials said.

A CRITICAL POINT FOR BRIDGE REPAIR PLAN 921:56,813>

LEAD: MOMENTS before the second half of Super Bowl XXI was about to start, the Denver Broncos were holding a 10-9 lead as the Giants hurried out of their locker-room tunnel. Over the public-address system, Frank Sinatra's voice was booming.

Sinatra, Simms and Minelli

LEAD: The kidnapping of three American teachers in Beirut led today to expressions of resentment against Americans who have remained in Lebanon despite unequivocal warnings from the State Department that they cannot be protected.

ANGER IS VOICED OVER AMERICANS STILL IN LEBANON

LEAD: T. Boone Pickens is not saying much about it, but when the last remnants of his Mesa Petroleum Company are transferred in early February to its successor, Mesa Limited Partners, it will open a door for the Texas oilman to pursue corporate takeovers outside the energy business.

PICKENS ALL SET FOR NEW GAME

LEAD: One year after her triumphant campaign for office, President Corazon C. Aquino is fighting to defend her presidency against powerful challenges on both the left and the right.

TEST FOR AQUINO: WILL THE CENTER HOLD?

LEAD: Less than a month after becoming chairman of the J. Walter Thompson Company, Joseph W. O'Donnell has been discharged, apparently because of his involvement in discussions with an investment banker about taking the advertising agency's parent company private through a buyout.

CHAIRMAN DISMISSED AT J.W. THOMPSON AFTER BUYOUT TALKS

LEAD: Oil specialists in the United States are deeply concerned that the escalation of the Iran-Iraq war could ultimately cause a significant shift in world oil supplies. Such a shift, by its very abruptness, could cause unsettling movements in price.

As Gulf War Intensifies, Oil Price Worries Grow

LEAD: The game was not even over, but Amanda Welch had seen enough.

Loss Is Painful for the Fans in Denver

LEAD: The Justice Department today announced that it would sue to block the merger of the Hughes Tool Company and the Baker International Corporation, two of the world's largest oilfield service companies.

U.S. Opposes Baker-Hughes Merger

LEAD: The Cannon Group, once the hottest little film studio in Hollywood, has fallen on hard times. And Yuram Globus has this to say for himself and his cousin Menahem Golan, who run the company: 'Our only crime is that we love cinema. You don't see us at the Polo Lounge, on the tennis court or at parties.

CANNON LOSES SOME LUSTER

LEAD: Chancellor Helmut Kohl's center-right coalition won a parliamentary majority today that will permit it to govern West Germany for another four years.

KOHL KEEPS POWER BY NARROWER EDGE IN WEST GERMANY

LEAD: L.I.R.R. Fights Rust  A handful of trains continue to run on the Long Island Rail Road, keeping the tracks polished and checking safety systems. Page B3.  Poverty of Blacks Spreads  More blacks are living in poverty, a new study says, and they are becoming increasingly concentrated in the nation's largest cities.

INSIDE

LEAD: The illness that hit the stock market Friday and caused a stunning reversal of luck for many investors is likely to take at least a few days to get out of Wall Street's system, market experts believe.

PAUSE NOW IS EXPECTED FOR STOCKS

BUSINESS DIGEST: MONDAY, JANUARY 26, 1987

LEAD: New orders for American-made machine tools rose 2.6 percent in December from November, but orders for all of 1986 dropped 16 percent compared to 1985, according to a report to be released today by the National Machine Tool Builders' Association.

Tool Orders Down 16% Last Year

LEAD: The rug merchants speak Russian, but gladly accept personal checks for dollars that they deposit in New York bank accounts.

RUSSIANS HOLD KEY TO POWER, BUT NOT TO AFGHANISTAN'S SOUL

LEAD: The Koch administration, in a move that has come under criticism from civil-liberties groups, is planning to begin asking people arrested on felony charges to undergo drug tests voluntarily before their first court appearance or arraignment.

NEW YORK CITY PLANS VOLUNTARY DRUG TESTS IN FELONY ARRESTS

LEAD: The Giants won the Super Bowl today, emphatically.

GIANTS ROUT BRONCOS IN THE SUPER BOWL

LEAD: A startling jump in murders here is being blamed on a burgeoning drug traffic that has become more profitable - and more violent -than ever.

IN BRIDGEPOPRT, A SHARP RISE IN MURDER RATE

LEAD: The United States and its biggest economic allies are negotiating arrangements for a meeting to discuss the dollar and the ways their economic policies affect it, European and Japanese officials said today.

5-NATION PARLEY ON DOLLAR POLICY IS EXPECTED SOON

LEAD: At the moment that Raul Allegre's toe touched the ball and the clock began ticking on Super Bowl XXI, Bruce Jagoda popped the cork on a bottle of champagne. ''It's over now,'' said the 39-year-old financial analyst.

NO MORE WAITING FOR NO. 1; GIANTS' FANS ENJOY THE DAY

LEAD: It was a day to stay home or venture out into an unfamiliar New York.

A COLD, QUIET DAY

LEAD: They were better than good and maybe even great. But they were more than that; they were also what every championship team aspires to be. They were resourceful. For it was not always the blowout it now seems because of the lopsided nature of the score. For more than two quarters, it was close, nail-biting close.

DAZZLING GIANTS PULL OUT ALL THE STOPS

LEAD: IN four decades at what they are sure is Washington Heights's oldest business -Sachs Trimming Store, 4232 Broadway, founded 1911 - Charlotte and Bert Cohen have had to accommodate themselves to a number of changes.

Washington Heights Copes With Change

LEAD: ''It is simply not fair in the interest of this country for them to stay there and place themselves in jeopardy. They aren't showing any special courage, but are simply offering themselves to be used as pawns against the interests of this country.''   - Representative

Quotation of the Day

Sebastian Giovinco is an Italian former professional footballer who played as a forward. A quick and creative player on the ball, Giovinco was a versatile attacker capable of playing in multiple offensive positions but mainly operating behind a lone striker as a trequartista.

Sebastian Giovinco, Italian footballer

Sebastian_Giovinco

Héctor Noesí is a Dominican former professional baseball pitcher. He played in Major League Baseball (MLB) for the New York Yankees, Seattle Mariners, Texas Rangers, Chicago White Sox, and Miami Marlins and in the KBO League for the Kia Tigers. Noesí throws and bats right-handed.

January 26, 1987

Headlines from January 26, 1987

A CRITICAL POINT FOR BRIDGE REPAIR PLAN 921:56,813>

Sinatra, Simms and Minelli

ANGER IS VOICED OVER AMERICANS STILL IN LEBANON

PICKENS ALL SET FOR NEW GAME

TEST FOR AQUINO: WILL THE CENTER HOLD?

Billboard 200

Slippery When Wet

Bruce Springsteen & The E Street Band 1975-1985

Third Stage

Different Light

The Way It Is

Notable Births

Historical Context for January 26, 1987