Telling the Truth?

LEAD: Alan Greenspan, President Reagan's nominee for chairman of the Federal Reserve Board, will not participate in regulatory decisions that directly affect J. P. Morgan & Company, one of the nation's most aggressive banking companies, according to a document he submitted to the White House and Congress.

Greenspan Says He'd Sit Out Some Federal Reserve Votes

LEAD: U.S. Faults Soviet on Talks   The Reagan Administration pointedly criticized the Soviet Union for what it said was a slowdown of arms control negotiations and preparations for a summit meeting. Page 3.

INSIDE

LEAD: A radio conversation among pilots after two airliners nearly collided over the Atlantic Ocean on Wednesday included repeated suggestions that the incident not be reported, officials close to an investigation of the incident said yesterday.

PILOT IN NEAR COLLISION OVER OCEAN SUGGESTED INCIDENT BE KEPT SECRET

LEAD: In a highly encouraging report on inflation, the Government said today that the Producer Price Index for Finished Goods rose only two-tenths of 1 percent in June.

FOOD SECTOR A KEY

LEAD: By an overwhelming margin, the American people say they believe Lieut. Col. Oliver L. North is telling the truth about the Iran-contra affair, and most say that President Reagan is lying, the latest New York Times/CBS News Poll has found.

NORTH SAYS CASEY PROPOSED USING ARMS PROFIT FOR FUND KEPT SECRET FROM PRESIDENT  MANY ARE FOUND TO BELIEVE NORTH

LEAD: John Hammond, a critic, talent scout and record producer whose musical discoveries ranged from Billie Holiday to Bob Dylan and who had an extraordinary influence upon the history of American popular music, died yesterday at his home in Manhattan. He was 76 years old.

John Hammond, 76, Critic and Discoverer Of Pop Talent, Dies

LEAD: Each day, the members of the Iran-contra committee have watched the yellow stack of telegrams on Lieut. Col. Oliver L. North's table grow higher and higher.

The Tables Turned, Iran Panel Bickers As North Is Praised

LEAD: Dr. Terence M. Schmahl, a heart surgeon at a Milwaukee hospital, and his wife, Karen, an anesthesiologist at another hospital in the city, were both concerned about contracting AIDS from the people they see every day.

AIDS Fear Spawns Ethics Debate As Some Doctors Withhold Care

LEAD: The Government of Laos is promoting cultivation and export of marijuana as a means to earn foreign exchange, according to Thai officials who have been monitoring narcotics in the region.

Thai Officials Say Laos Turns To Marijuana to Help Budget

LEAD: The seventh ministerial meeting of the United Nations Conference on Trade and Development began deliberations today in an uncertain mood.

U.N. Group Meets Amid Anxiety

LEAD: A senior Communist diplomat in close touch with Vietnam's views strongly suggested in an interview here that Hanoi intended to keep firm military links with Cambodia even if it adheres to its announced intention to withdraw its troops in 1990.

Vietnam Is Said to Plan To Keep Cambodia Role

LEAD: ''Are you criticizing how well I did my shredding?'' - Lieut. Col. Oliver L. North.

Quotations of the Day

LEAD: Officials today sharply lowered their estimate of the number of people who died Sunday when a barge sank on a river crossing from Zaire to Zambia. The officials now estimate the total number of passengers at 250, 51 of whom were known to be dead, and about 190 of whom had swum to safety.

Zambia Death Toll Is Cut

LEAD:  International 2-8  2,,q>Lieut. Col. Oliver L. North testified that William J. Casey, as Director of Central Intelligence, wanted to establish a ''stand alone'' fund that could pay for intelligence operations outside normal government control.  Page 1  Americans believe Colonel North by an overwhelming margin.

NEWS SUMMARY: SATURDAY, JULY 11, 1987

LEAD: The Personal Computer column in Science Times on June 16 referred incorrectly to languages spoken in Equatorial Guinea. Fang is one language spoken there. The column also incorrectly described PC-Globe software's handling of the term GDP. It is in fact defined, in the database menu, as Gross Domestic Product.

CORRECTION

LEAD: A six-day visit to the Soviet Union by President Richard von Weizsacker appears to have opened the way for a stepping up of high-level contacts between Moscow and Bonn, according to West German officials and Western diplomats.

MOSCOW AND BONN ARE INCHING CLOSER

LEAD: A Paris dispatch in The Living Section on Wednesday about the Folies-Bergere misidentified a performer and incorrectly characterized her role in a new show. She is Bertice Reading, and she left the show on May 15. An earlier Folies-Bergere performer was also misidentified; she was Mistinguett. The article also misstated the name of an 1887 revue at the theater.

LEAD: The Reagan Administration criticized the Soviet Union today for what it said was a slowdown of arms-control negotiations and preparations for a summit meeting.

U.S. SAYS SOVIET IS STALLING ON ARMS AND SUMMIT ISSUES

LEAD: Because of an editing error, a sentence of the Food Notes column in The Living Section on Wednesday was incorrectly worded. The sentence, referring to a new food store opened by J. Bildner & Sons, should have read: ''Although Upper West Siders can find produce, cheeses, seafood and prepared salads in more variety and generally better condition in other shops nearby, and Bildner's stock of packaged groceries is limited, it is doubtful that there is a finer bakery in the area.

LEAD: A dispatch on July 6 from Amherst, Mass., about the first national conference of the American Green movement included a misstatement of the movement's position in West Germany, attributed to Jutta Ditfurth, a spokeswoman for the party there.

Correction

LEAD: With all the talk of democracy in the air, 17 nurses at a hospital in the city of Taegu staged an overnight sit-in last week. They demanded that the hospital reinstate several dismissed nurses, raise everybody's wages and operate a shuttle-bus service at night.

Koreans Testing Democracy's Limits

LEAD: The Faeroe Islands asked Denmark today to order a United States frigate out of the islands' waters after the ship's officers refused to say whether it carried nuclear weapons, the Danish state radio reported.

Faeroe Islanders Seek Ouster Of a U.S. Warship on a Visit

LEAD: Riot policemen sealed off a section of Panama's capital today to prevent anti-Government demonstrators from gathering for a protest rally.

Panama Policemen Prevent Anti-Government Gathering

LEAD: Francis Randall, a 55-year-old history professor at Sarah Lawrence College, remembers that the light plane crashed into the darkened ocean with a ''terrific jolt.''

A Haiti Vacation Ends in Plane Crash at Sea for 4 Americans

Shigeaki Kato  is a Japanese musician, writer, actor and a member of the J-pop group NEWS, from ELOV-Label formerly known as Johnny's Entertainment.

Shigeaki Kato, Japanese singer

Shigeaki_Kato

Avi Ran was a goalkeeper at the Israeli football club Maccabi Haifa. Widely considered one of the greatest football players in Israel, he had a promising future which was cut short by a fatal accident.

Avi Ran, Israeli footballer (born 1963)

Avi_Ran

Yaakov Yitzchok Ruderman was a Russian-born American Talmudic scholar and rabbi who founded and served as rosh yeshiva of Yeshivas Ner Yisroel in Baltimore.

July 11, 1987

Headlines from July 11, 1987

Telling the Truth?

Greenspan Says He'd Sit Out Some Federal Reserve Votes

INSIDE

PILOT IN NEAR COLLISION OVER OCEAN SUGGESTED INCIDENT BE KEPT SECRET

FOOD SECTOR A KEY

Billboard 200

Whitney

The Joshua Tree

Girls; Girls; Girls

Bad Animals

Whitesnake

Notable Births

Notable Deaths

Historical Context for July 11, 1987