LEAD: In an unexpected setback for the global debt situation, the Philippines said yesterday that it would seek to renegotiate its recently completed debt restructuring accord in an effort to obtain the same favorable interest rate won by Mexico and Argentina.

DESPITE ACCORD ON DEBT, MANILA SEEKS RATE CUT

LEAD: CARL TORSILIERI'S specialty is moving big trees.

THIS TREE USED TO GROW IN NEW JERSEY

LEAD: A leading foe of apartheid, speaking at a rally that the police had sought to ban, called tonight for mass defiance of new Government restrictions on protest.

FOE OF APARTHEID URGING DEFIANCE

LEAD: A tidy pile of garbage bags outside the Hunterdon County offices here serves as an unnecessary reminder to county officials throughout northern New Jersey that they are running out of places to put their trash.

MOUNDS OF GARBAGE SIGNAL LANDFILL CRISIS IN JERSEY

LEAD: Neither side was willing to budge, and the impassioned debate raging in the South Bronx reflected fundamental divisions and conflicting loyalties that even pitted brother against brother.

In South Bronx, A Park's Name Splits Community

LEAD: The falling dollar is taking Western Europe's export-driven economies with it.

EUROPEANS WORRY THE DOLLAR'S FALL WILL SLOW GROWTH

LEAD: Buoyed by the strong performance of its record division and reduced interest expenses, CBS Inc. reported yesterday that its net income nearly tripled in the first quarter.

CBS NET NEARLY TRIPLES

LEAD: After nine weeks of bitter courtroom drama, a Federal jury found yesterday that The Daily News racially discriminated against four of the newspaper's black editorial employees between 1979 and 1982.

DAILY NEWS LOSES RACE BIAS CASE

LEAD: Secretary of State George P. Shultz said today that a treaty eliminating medium-range nuclear missiles in Europe was within reach, despite continued differences over how to verify an accord and what limits to set on short-range missiles.

SHULTZ CALLS PACT ON MID-RANGE ARMS IN EUROPE POSSIBLE

LEAD: THE guests at the recent opening of a new Los Angeles restaurant called Kate Mantilini thought they had come for the food, but many simply abandoned their chicken potpies and grilled swordfish and strolled around, wine in hand. First they gazed up at a huge metal ''sundial'' apparatus suspended like a centerpiece beneath the skylight, and then they walked over to a long, gently bowed mural of a boxing match.

FOR A NEW LOS ANGELES STYLE, A PLACE IN THE SUN

LEAD: In an unusual public protest, several judges and Democratic district leaders have strongly criticized judicial screening panels of the Manhattan Democratic organization as ideologically biased and politically controlled.

PARTY PANELS GET CRITICISM FROM JUDGES

LEAD: Treasury Secretary James A. Baker 3d told Japan tonight that it had reached a ''watershed'' in its relations with the United States and that ''change is essential if good relations and economic growth are to continue.''

HARD LINE BY BAKER ON JAPAN

INSIDE

LEAD: The hospital where Andy Warhol died said in a formal report yesterday that it had provided ''thorough and appropriate'' care to the 58-year-old artist and that state charges of serious ''deficiencies'' were unwarranted.

HOSPTIAL REBUTS STATE'S CHARGES IN WARHOL CASE

LEAD: WERE it not for her quickly stated age, 44, Betsey Johnson would be a prototypical young woman in fashion design. Her hair is spiky and dyed red. For a recent interview in her Seventh Avenue showroom, she wore earrings dangling plastic dolls, a studded black leather wristband and a cropped tank top over a striped bodysuit, miniskirt, tights, electric turquoise socks and white high-top sneakers.

4 WOMEN IN FASHION: TRUE TO THEIR VISION

LEAD: Governor Cuomo vetoed a new code of ethical behavior in government today, only hours after leaders of the State Legislature, which overwhelmingly approved the bill last week, rejected Mr. Cuomo's demand that they withdraw the measure to strengthen it.

CUOMO VETOES ETHICS BILL, AS CONFLICT WITH LEADERS DEEPENS

LEAD: The American Telephone and Telegraph Company, whose earnings since it divested itself of its regional units in 1984 have disappointed analysts and shareholders, reported a 25.7 percent increase in first-quarter earnings.

A.T.&T. PROFITS RISE BY 25.7% IN QUARTER

LEAD: Gains in treating cancer over the last three decades have been small and overstated by Federal health officials, according to a detailed analysis completed by a Congressional investigative agency.

GAINS AGAINST CANCER SINCE 1950 ARE OVERSTATED, CONGRESS IS TOLD

U.S. ASKS PANAMA TO TAKE NAZI BUT IS REJECTED

LEAD: In his first minutes on the job as the new Bronx Borough President yesterday, Fernando Ferrer delivered a ringing speech facing up to what everyone knew: the Bronx is in serious trouble.

NEW BRONX CHIEF HOPES TO RESTORE 'FAITH': FERNANDO FERRER

LEAD: THE ECONOMY  The U.S. economy is showing signs of fragility, after performing better than expected in the first few months of 1987. The Goverment reported that industrial output in March fell 0.3 percent, its biggest drop in 10 months, and that retail sales rose a paltry 0.2 percent. Most private analysts are expressing increasing fears about a financial and political climate that they believe could eventually tip the world economy into recession.

BUSINESS DIGEST: THURSDAY, APRIL 16, 1987

LEAD: With several deft moves, Mikhail S. Gorbachev has maneuvered the United States into an awkward political corner by exploiting the West's ambivalence about arms control. By offering to rid Europe not only of Soviet and American medium-range missiles, but of shorter-range missiles as well, the Soviet leader has left the

Gorbachev, With Deft Offer to Rid Europe of Missiles, Poses Uncomfortable Choices

LEAD: Stock prices snapped back yesterday, helped by a moderate decline in interest rates and a stabilized dollar.

DOW ADDS 29.97 POINTS IN REBOUND

LEAD: The economy, after performing better than expected during the first few months of 1987, is showing signs of fragility.

SIGNS OF ECONOMIC FRAGILITY

LEAD: Richard A. Debs, who initiated Morgan Stanley's international business arm 11 years ago, plans to retire June 30.

Group Head Retires At Morgan Stanley

Cenk Akyol is a Turkish professional basketball coach and former player who played at the shooting guard position. He is assistant coach for Bahçeşehir Koleji of the Turkish Basketbol Süper Ligi (BSL).

Cenk Akyol, Turkish basketball player

Cenk_Akyol

Aaron Justin Lennon is an English former professional footballer who played as a right winger.

April 16, 1987

Headlines from April 16, 1987

DESPITE ACCORD ON DEBT, MANILA SEEKS RATE CUT

THIS TREE USED TO GROW IN NEW JERSEY

FOE OF APARTHEID URGING DEFIANCE

MOUNDS OF GARBAGE SIGNAL LANDFILL CRISIS IN JERSEY

In South Bronx, A Park's Name Splits Community

Billboard 200

Licensed To Ill

The Joshua Tree

Slippery When Wet

Graceland

The Way It Is

Notable Births

Historical Context for April 16, 1987