LEAD: TO DEFINE A MOVIE STAR IS almost impossible. To become one is equally difficult.

CROSSING THE LINE TO STARDOM

LEAD: SUDDENLY last week, shortly before his departure for the economic summit conference in Venice, President Reagan announced that Paul A. Volcker had resigned as chairman of the Federal Reserve Board. His successor, Mr. Reagan said, would be Alan Greenspan, a business consultant who served as chairman of the Council of Economic Advisers under Presidents Nixon and Ford.

IT'S GREENSPAN'S TURN AT THE HELM OF THE FED

LEAD: ''Smart New Yorkers!'' chortled Ed Rendel, who once ran for Mayor of Philadelphia. ''They let him get off at 8-1!'' Rendel is one of about three dozen people who own a piece of Bet Twice, the 14-length winner of the Belmont Stakes yesterday. Other part-owners include baseball's Pete Rose and Garry

Commute to New York Pays Off

LEAD: FOR the Mets, the best of both their worlds were finally wearing the same uniform. Tom Seaver, at 42 one year older than the number on the shirt he was putting on again, stood at his old locker in the Shea Stadium clubhouse, still the symbol of the 1969 World Series champions. Across the blue carpet Dwight Gooden, at 22 the prodigal son of the 1986 World Series champions, remembered Seaver's departure to the Chicago White

Seaver No Risk For Mets

LEAD: The Soviet Union has no intention of augmenting its force of three small warships in the Persian Gulf despite its apprehension about United States plans to build up its fleet there, according to First Deputy Foreign Minister Yuli M. Vorontsov.

SOVIET AIDE SAYS NAVY WON'T ADD WARSHIPS IN GULF

PROSPECTS

LEAD: Top officials at the Treasury Department have concluded that the Government should encourage creation of very large banks that could better compete with financial institutions in Japan and Europe.

TREASURY NOW FAVORS CREATION OF HUGE BANKS

LEAD: IN the kingdom of literary animals, where each genre takes the form of an individual species, light verse is probably represented by the Carolina parakeet. This comely bird, which according to Audubon offered a ''welcome intimation that our darkest forests and most sequestered swamps are not destitute of charms,'' was an amicable neighbor to our pioneer forebears not only in the Carolinas but all up and down the East Coast, from New York to Florida.

LIGHT VERSE: DEAD BUT REMARKABLY ROBUST

LEAD: New Yorkers are justifiably skeptical about store signs shouting, ''Going Out of Business - Building Coming Down.'' Many sales later, the structures often are still standing. But the office building at 565 Fifth Avenue, where an electronics shop has hung a colossal banner with those very words in its window, may indeed come tumbling down, though not immediately.

Truth in Advertising: Shop Signs

LEAD: Maj. Gen. Richard V. Secord, responding to a barrage of Congressional criticism, insisted today that he made no money from the Iran arms sales.

SECORD RESTATES DENIAL ON PROFITS

LEAD: A top Reagan Administration official said today that Chinese officials had denied selling missiles to Iran, but that the United States did not believe the Chinese statements.

U.S. SAYS CHINA IS ARMING IRAN, DESPITE DENIAL

LEAD: BEACHGOERS in Connecticut this summer can expect capacity crowds at the three beachfront state parks on warm, sunny weekends, state environmental officials say. And if they turn to municipally owned beaches as alternatives, they will pay up to $20 a car on weekends, five times the rate at state parks.

BEACHES ARE FULL AND, FOR OUTSIDERS, THEY'RE COSTLY

LEAD: THE County Board of Legislators has approved a master plan calling for $20 million in improvements at the County Airport, including a new passenger terminal, additional parking, a new taxiway and other facilities.

AIRPORT OUTLOOK: FLIGHT LIMIT IS KEY

LEAD: 
FIASCO 
By Stanislaw Lem. Translated by Michael Kandel. 322 pp. San Diego: A Helen and Kurt Wolff Book/ Harcourt Brace Jovanovich. $17.95.

COSMIC MISUNDERSTANDINGS

LEAD: Upon naming it an historic district in 1979, the Landmarks Preservation Commission dubbed Prospect Lefferts Gardens one of the sterling examples of 19th and early 20th century housing in New York City. Moreover, prices for the limestone and brownstone residences, many of them town houses in the Romanesque Revival and neo

House Tour: Hidden Flatbush

LEAD: THE Westchester Youth Bureau has instituted a major three-year effort to extend youth-development and delinquency-prevention programs, which are already operating in local urban areas, to other parts of the county. Particularly targeted is northern Westchester, where youth workers both in and out of government say needed services have been slow to develop and municipal officials have at times been reluctant to admit that youth problems - such as drug abuse and teen-age pregnancy - exist.

EXPANSION OF SERVICES TO YOUTHS IS SOUGHT

LEAD: Bet Twice, a narrow runner-up in both the Kentucky Derby and the Preakness, reversed those decisions with a vengeance in the 119th running of the Belmont Stakes yesterday to deprive Alysheba of racing's Triple Crown.

BET TWICE WINS BELMONT BY 14 LENGTHS; ALYSHEBA IS 4th AS TRIPLE CROWN BID FAILS

LEAD: Even at the seven-nation industrial summit this week AIDS will be on the agenda. In attempting to change both public health practices and private conduct, European governments have begun shaping national policies. Most require reporting of AIDS cases, as in the United States, but not testing. Most have extensive educational campaigns, though they have far fewer cases than the United States.

HOW OTHER NATIONS APPRROACH THE PROBLEM

LEAD: The Roman Catholic Church of Poland, which was beleaguered and defensive when Karol Wojtyla was rising through its ranks, has grown remarkably strong in his nine years as Pope.

POLISH CHURCH AWAITS POPE, BEWILDERED BY ITS NEW VIGOR

LEAD: Woes of the Argentine Army   Argentina's armed forces, which have dominated that nation's power and politics for most of the last half-century, now feel under siege.

INSIDE

LEAD: WITH record low unemployment and a wealth of help-wanted signs on Long Island, high school and college students should find summer job hunting relatively easy this year, although many may have to settle for less than their first choice, according to labor experts and employers.

SUMMER JOBS: MORE OPENINGS, FEWER APPLICANTS AND HIGHER PAY

LEAD: A FULLY-CLOTHED man is standing with a bar of Irish Spring soap in his hand, and by all appearances, he is about to launch into a standard pitch. Suddenly, the ad turns slapstick. He loses control of the soap. It squirts him in the face and lathers up in his pocket.

An Agency's Turn to Madcap Ads

LEAD: AS the AIDS epidemic spreads through the nation's consciousness, rising public alarm is forcing the issue to the top of the legislative agenda. Acquired immune deficiency syndrome has become not only a devastating medical problem but an increasingly political one as well. Leaders from both parties are beginning to confront the difficult public-policy implications of the disease, which they predict will be a pressing concern during the remainder of the 100th

POLITICIANS AWAKEN TO THE THREAT OF A GLOBAL EPIDEMIC

LEAD: Buoyed by the celebration of the bicentennial of the United States Constitution this year, the study of American government and democratic values is making a comeback in primary and high schools.

WITH OLD VALUES AND NEW TITLES, CIVICS COURSES MAKE A COMEBACK

LEAD: SHE says now she was a fool to worry about his being homosexual, because the disease is the only issue. The woman, who cares for her son, a Long Island man with AIDS, has become close to an upstate woman who is helping care for her married daughter, an AIDS patient in a Suffolk County hospital.

FEAR AND STRESS TAKING TOLL ON THOSE HELPING AIDS PATIENTS

Abdurrahman Cahit Zarifoğlu was a Turkish poet and writer.

June 7, 1987

Headlines from June 7, 1987

CROSSING THE LINE TO STARDOM

IT'S GREENSPAN'S TURN AT THE HELM OF THE FED

Commute to New York Pays Off

Seaver No Risk For Mets

SOVIET AIDE SAYS NAVY WON'T ADD WARSHIPS IN GULF

Billboard 200

The Joshua Tree

Slippery When Wet

Whitesnake

Look What The Cat Dragged In

Graceland

Notable Deaths

Historical Context for June 7, 1987