LEAD: Reagan Administration officials said today that they had completed work on a new rule to make experimental drugs more quickly available to patients with AIDS and other ''immediately life-threatening diseases.''

U.S. TO ALLOW USE OF TRIAL DRUGS FOR AIDS AND OTHER TERMINAL ILLS >

LEAD: Intelsat charged yesterday that its former chief executive received $2.4 million in kickbacks for the construction of a new headquarters for the international satellite consortium. It also accused him of setting up bogus consulting firms that funnelled millions more to his Swiss bank account.

Intelsat Suit Accuses Ex-Chief of Kickbacks

LEAD: A previously undisclosed Army memorandum and letter show for the first time that a high official in the Army urged its contract officers to give special consideration to the Wedtech Corporation in overseeing a contract won by the company after White House intervention.

LETTER SHOWS HIGH ARMY OFFICIAL TRIED TO AID WEDTECH ON CONTRACT

LEAD: Tax Break for Writers  An appeals court ruled that authors, playwrights and others could deduct business expenses in the year they were incurred. Page C28.  Mets Lose Ojeda for Season  The troubled Mets have lost Bob Ojeda for the season. The team's top-winning pitcher last year will have to undergo elbow surgery.

INSIDE

LEAD: The captain of the American frigate Stark said today that his ship's advanced electronic equipment had ''failed to detect'' the launching of Iraqi missiles against the vessel. He also confirmed that the Stark's antimissile defense system had been turned off and said the ship was hit before the system could be activated.

CAPTAIN OF STARK SAYS SHIP FAILED TO DETECT MISSILES

LEAD: The decision by Citicorp, the nation's largest banking company, to treat $3 billion of its foreign loans as all but uncollectible will probably make the third world debt crisis even more difficult and acrimonious.

TOUGHER TERMS ARISING ON NEW 3D-WORLD DEBT

LEAD: Investors gave Rolls-Royce P.L.C. a rousing welcome to the private sector yesterday, sending the stock of the British jet engine maker soaring on its first day of trading on London's stock exchange.

ROLLS SOARS IN INITIAL TRADING

LEAD: The dispute over the future of the Museum of the American Indian intensified yesterday. The question is whether the Harlem museum - with what many regard as one of the world's finest collections of its kind - will leave New York City.

FIGHT BUILDS OVER NEW SITE FOR MUSEUM

LEAD: Yale University plans to invest $50 million in endowment and other funds in housing, commercial and industrial development here over the next 5 to 10 years, Yale's president, Benno C. Schmidt Jr., announced today.

YALE PLANS TO INVEST $50 MILLION IN NEW HAVEN

LEAD: The air inside the Plains Indian artifacts vault at the museum warehouse smelled of smoked leather and sweet plains grasses. Adams Taylor, the collections manager of the Museum of the American Indian, touched the beaded charm dangling from a century-old Indian cradle board mounted on a wall, and thoughts of family came to mind.

FROM AZTEC TO ZUNI: THE STUFF OF LEGEND

LEAD: GAUZY curtains, a hammock swaying slowly on the veranda, crisp white bed linens, cotton slipcovers and pastel-painted walls are some of the summer design ideas that await visitors to Chieftans, the former estate of Alva and Bernard Gimbel in Greenwich, Conn. The 33-room fieldstone house, on 96 acres, has been spruced up and transformed into a designer show house by 22 interior decorators, muralists and floral designers from the New York region.

A COUNTRY HOUSE OF SUMMER STYLES

LEAD: In a surprise move, Eddie Antar, the founder and chairman of Crazy Eddie Inc., came out of seclusion yesterday to join the Belzberg family of Canada in a $187 million offer to buy all of the stock of Crazy Eddie and take it private.

FOUNDER JOINS BID FOR CRAZY EDDIE

LEAD: The White House said today that two Saudi F-15 pilots did not carry out a request to force down an Iraqi warplane after it attacked the frigate Stark in the Persian Gulf on Sunday.

SAUDIS BALKED AT INTERCEPTING IRAQI ATTACKER

LEAD: The simmering battle between Steven J. Ross, chairman of Warner Communications, and Herbert J. Siegel, chairman of Chris-Craft Industries, has grown signficantly more intense, according to legal papers filed in recent days.

WARNER BATTLE INTENSIFIES

LEAD: While American officials were publicly touting the virtues of the Nicaraguan rebel leaders, Government officials and other participants in the contras' private aid network viewed some leaders of the movement as wasteful, incompetent and possibly corrupt, according to Congressional testimony and documents.

IN PRIVATE, A DARKER U.S. VIEW

LEAD: The 11-year-old boy who was killed by two polar bears at the Prospect Park Zoo in Brooklyn Tuesday night entered the enclosure on a dare, the police said yesterday.

BOY ENTERED BEARS' AREA ON A DARE

LEAD: Robert Holmes a Court, the Australian industrialist who has reaped millions by tenaciously pursuing companies around the world, disclosed yesterday that he controls 6.4 percent of Texaco Inc.'s stock.

AUSTRALIAN OWNS 6.4% OF TEXACO

LEAD: John S. Reed, Citicorp's 48-year-old chairman, has finally made his mark.

CITICORP'S DEFIANT LEADER: JOHN SHEPARD REED

LEAD: IN ''1001 Questions Answered About Birds,'' a sort of Miss Manners for the migratory set, Allan D. Cruickshank discussed the criteria for designing birdhouses. ''The simpler the box the better,'' he wrote, adding, ''Brightly colored, fancy-looking houses with chimneys, steeples, frescoes, porches, balconies and other absurdities should be avoided.

53 ARCHITECTS DESIGN FOR THE FINE FEATHERED SET

LEAD: ''No one knew it when we got the lease,'' Irv Gray remembered the other day. ''No tenant was told about the law when they moved in.''

Metro Matters; For Renters Escape Clause Could Be Costly

LEAD: As the evening rush hour fell on Journal Square, commuters carrying trenchcoats and canvas tote bags spilled out of the PATH train from Manhattan and hurried past the cracked window of the Five Corners Bakery.

IN JERSEY CITY, 2 SIDES TO A REJUVENATION

BUSINESS DIGEST: THURSDAY, MAY 21, 1987

LEAD: France thanked former President Richard M. Nixon today for one of the benefits this nation, so proud of its architectural heritage, began to receive while his Administration was in office. Starting in 1969, Americans could claim tax deductions for their contributions to charities that, in turn, have brought in a steady stream of dollars to restore the crumbling architectural treasures of

AMERICANS CONTRIBUTE TO FRENCH RESTORATION

LEAD: The nation's food supply is inadequately protected from cancer-causing pesticides, according to a report issued today by the National Academy of Sciences.

CODE ON PESTICIDES URGED FOR NATION

LEAD: George S. Slocum, president of the Transco Energy Company, was elected to the additional post of chief executive, the company said yesterday. Mr. Slocum, who is 46 years old, replaces W.J. Bowen, 65, who will retain the position of chairman.

Transco President Adds Post of Chief

Beau Falloon is a former professional rugby league footballer who last played for Leeds in the Super League. He played as a hooker and previously played for the South Sydney Rabbitohs and Gold Coast Titans in the National Rugby League.

May 21, 1987

Headlines from May 21, 1987

U.S. TO ALLOW USE OF TRIAL DRUGS FOR AIDS AND OTHER TERMINAL ILLS >

Intelsat Suit Accuses Ex-Chief of Kickbacks

LETTER SHOWS HIGH ARMY OFFICIAL TRIED TO AID WEDTECH ON CONTRACT

INSIDE

CAPTAIN OF STARK SAYS SHIP FAILED TO DETECT MISSILES

Billboard 200

The Joshua Tree

Slippery When Wet

Look What The Cat Dragged In

Licensed To Ill

Graceland

Notable Births

Historical Context for May 21, 1987