LEAD:  Nuns Gain on Dissent  A religious order refused to dismiss two American members who publicly supported the right of Roman Catholics to oppose the church's ban on abortion. Page A14.  A-Plant Draws Opposition  Opponents of nuclear power believe they have a good chance to close the Rancho Seco plant near Sacramento, Calif.

INSIDE

LEAD: In a surprise move, the Robert M. Bass Group has raised its bid for Macmillan Inc., in what is thought to be its most vigorous attempt at an unfriendly takeover.

Bass Group Lifts Bid for Macmillan

LEAD: The Federal Government will pay more than $1 billion in insurance to depositors of one or more savings institutions that it will liquidate shortly, the head of the Federal Home Loan Bank Board said yesterday.

SAVINGS INSURANCE OF OVER $1 BILLION TO BE PAID BY U.S.

LEAD: Opponents of nuclear power think they have a good chance to close the troubled Rancho Seco nuclear plant near Sacramento, Calif., in a local referendum tomorrow.

Nuclear-Plant Vote Worries Utilities

LEAD: When Calvin Trillin (Yale '57), the wry essayist and chronicler of crime and nourishment, was mulling an offer to star in a one-ham show next fall, his daughter, Abigail ('90), had reservations.

Metro Matters; Bulldog! Bulldog! It's Traditional Not to Fight!

LEAD: The National League's No. 1 hitting pitcher fell six outs short of pitching the Mets' first no-hitter yesterday, and it was his hitting that might have undermined his effort.

His Clout Distracts Gooden

LEAD: ''Phantom of the Opera,'' a musical import from Britain, and ''M. Butterfly,'' by the American playwright David Henry Hwang, won the top Tony Awards last night. ''Phantom,'' with music by

Tony Night On Broadway

LEAD:  THE ECONOMY  The U.S. will pay more than $1 billion in savings insurance to depositors of one or more institutions that it will soon liquidate. The chairman of the Federal Home Loan Bank Board declined to identify the institutions, but a California newspaper said they were the American Diversified Savings Bank and North American Savings and Loan, both in Costa Mesa.

BUSINESS DIGEST

LEAD: Secretary of State George P. Shultz cautioned Israel today that the occupation of the West Bank and the frustration of Palestinian rights were ''a dead-end street,'' but he continued to fail to win any support for the American peace plan from Prime Minister Yitzhak Shamir.

Shultz, in Warning to Israel, Says Occupation Is 'Dead-End Street'

LEAD: As they have every year for nearly two decades, the corporate elite of New York's Japanese community gathered last week for the Japan Society's annual dinner. And as they have nearly every year, the executives and dignitaries who filled the ballroom at the New York Hilton heard the keynote speaker deliver the same message.

New Yorkers & Co.; Building Bridges From Tokyo to New York

LEAD: Wall Street's October crash and subsequent doldrums have not slammed the door on new stock offerings, but investor skittishness is forcing many companies that want new capital to consider alternatives.

New Twists in Search for Capital

LEAD: The Vice President, stumping in California two days before the state's primary, backed away from the Administration's proposal to permit offshore drilling, saying lease sales in the state should be deferred. Page B6.

Bush Shifts on Oil Drilling

LEAD: Early Tuesday morning, sometime between midnight and dawn, thousands of the Long Island Lighting Company's employees will begin a full-scale, multimillion-dollar emergency drill at the Shoreham nuclear power station -even though the utility has announced plans to abandon the plant.

Lilco to Stage a Crisis Drill Despite Plan to Shut A-Plant

LEAD: At least a dozen of the 15 employees of Petroleum Intelligence Weekly, a highly regarded trade publication, resigned last week in a dispute over the publisher's attempts to sell the newsletter. It covers the global oil market and is circulated in 66 countries.

Most of Staff Resign From Oil Weekly

LEAD: President Francois Mitterrand's Socialist Party did not fare as well as expected today in the first round of parliamentary elections, but appeared to be within reach of winning a majority in the National Assembly next week. The extreme-right National Front faced the likelihood of being eliminated from Parliament.

SOCIALISTS APPEAR POISED TO REGAIN FRENCH ASSEMBLY

LEAD: Coming almost full circle in the bizarre political maneuvers over the Democratic nomination for Bronx District Attorney, the borough's Democratic leadership yesterday endorsed the interim prosecutor, Paul T. Gentile.

Gentile Wins Party Support For Prosecutor

LEAD: Almost a decade after taking power, the Iranian Government of Ayatollah Ruhollah Khomeini is facing severe international isolation and its leaders appear to be reassessing Iran's options in the war with Iraq. Increasingly, the regime is preoccupied with a shrinking economy and the uncharted succession in the Ayatollah's theocratic state.

Teheran Said to Reassess The Future of Its Dream

LEAD: Because of Vice President Bush's bearing, his privileged upbringing and his years in the oil business in Texas, he is often perceived as a man of great wealth.

Bush Easily a Millionaire, But the Growth Was Slow

LEAD: The Governors of New York and Ohio, two states that have been on opposite sides of a fierce debate over reducing acid rain, have agreed on a joint proposal to require steep reductions nationwide in pollution from coal-fired power plants and other industrial sources over the next 25 years.

Cuomo and Governor of Ohio Join in Proposal on Acid Rain

LEAD: DARRYL STRAWBERRY JR., his tiny knees knocking and head thrown back, raced across one lawn and then another, the outfield of his imagination unrestricted by suburban property lines. There was a graceful recklessness to the child's pursuit of the baseball, and his bright sneakers and wide eyes shimmered in the afternoon haze.

A Maturing Strawberry Feels Like a Kid Again

LEAD: A fire today destroyed a wooden shanty that was built by Yale University students to protest apartheid in South Africa, and a Yale alumnus taking part in the 30th reunion of his class was arrested and charged with setting the blaze.

Yale Shanty Burns and Alumnus Is Held

LEAD: Griffin B. Bell, the former Attorney General, has been initiated into a new realm of the law: he is defending himself against a lawsuit.

Griffin Bell Defends Inquiry In Hutton Overdraft Scheme

LEAD: A glum and disappointed French crowd sat in a cold drizzle today and watched Mats Wilander of Sweden completely outclass the Frenchman Henri Leconte, 7-5, 6-2, 6-1, to win his third French Open championship.

Wilander Spoils The Party In Paris

LEAD: A city parks department worker and his wife were bound with electrical cord and shot to death yesterday in the living room of their Brooklyn apartment while their two children lay tied up in a bedroom a few feet away, the police said.

Couple Shot Dead as Children Lie Tied Up in Next Room

LEAD: Economists and industry analysts have expressed concern that surging aluminum prices will encourage producing countries to increase their capacity further, which could lead to an oversupply in the future.

Rising Aluminum Prices Spur Oversupply Fears

Anthony Neil James Pilkington is an Irish former professional footballer who played as a winger.

June 6, 1988

Headlines from June 6, 1988

INSIDE

Bass Group Lifts Bid for Macmillan

SAVINGS INSURANCE OF OVER $1 BILLION TO BE PAID BY U.S.

Nuclear-Plant Vote Worries Utilities

Metro Matters; Bulldog! Bulldog! It's Traditional Not to Fight!

Billboard 200

Faith

Dirty Dancing

Open Up And Say...Ahh!

Bad

Savage Amusement

Notable Births

Historical Context for June 6, 1988