WEEKENDER GUIDE

LEAD: An investor group headed by the First Boston Corporation and senior executives of the Insilco Corporation said yesterday that they had reached agreement to buy the consumer conglomerate for $29 a share, or $950 million in cash, including debt.

Insilco Takes $950 Million Buyout by Group

LEAD: Because of a shortage of workers, wages are rising faster in Massachusetts than they are in any other state.

Wages That Raise Eyebrows

LEAD: Mayor Koch, in an unexpected move, yesterday lifted a six-week ban that had prohibited vendors from working in midtown Manhattan, and agreed to a compromise to limit food stands on the most congested corners. The agreement, which requires City Council action, permits the vendors to return today to their most lucrative spots.

Koch, Offering New Rules, Lifts Ban on Vendors in Midtown

LEAD: The Hertz Corporation pleaded guilty yesterday to defrauding 110,000 customers and other motorists and insurance companies by charging them inflated and sometimes fictitious collision-repair costs.

HERTZ ADMITS USE OF FRAUD IN BILLS FOR AUTO REPAIRS

LEAD: Representative Mario Biaggi, the senior member of New York City's Congressional delegation, was convicted yesterday of 15 felony counts in the Wedtech racketeering trial.

SIMON ALSO GUILTY

LEAD: Wedtech, once a symbol of hope for the depressed inner city, is now an emblem of white-collar greed and political corruption. Page B4.  . . . and Biaggi's Outlook

Scandal's Origins

LEAD: Michael S. Dukakis took his campaign to Mississippi and had to confront the enigmatic political character of the Deep South. Page A12.

Dukakis Campaigns in South

LEAD: The BankAmerica Corporation will not restore a common stock dividend this year, A.W. Clausen, its chairman and chief executive, has said. He seemed to suggest, however, that a dividend might be restored next year.

Dividend Halt To Continue At Big Bank

LEAD: An official investigation has found that Mayor Koch's chef at Gracie Mansion improperly used city workers and equipment in his private catering business, and Mr. Koch said yesterday that he had given the chef one week to decide whether to divest himself of the business or quit.

Koch's Chef Said to Misuse City Workers

LEAD: The Senate today pledged the full faith and credit of the Federal Government behind notes issued by the Federal Savings and Loan Insurance Corporation. It also urged Federal regulators to stop more than 500 insolvent savings and loan institutions from making more loans.

Senate Affirms U.S. Backing Of F.S.L.I.C. Debt Issue

LEAD: JUST by its nature, the programming of a concert series always indicates ideological intent - which apples are included, which oranges get left out in the cold. Classical Jazz, a five-night series opening tonight at Lincoln Center, doesn't mince words, announcing its intentions in its title. Mostly programmed by Wynton Marsalis, the jazz trumpeter, critic and artistic adviser to the series, and Alina Bloomgarden, the producer, Classical Jazz is heavy with tributes: the composers Tadd Dameron and Duke Ellington, and the drummer Max Roach are all given a night.

Pop/Jazz; Classical Jazz By Modern Masters At Lincoln Center

LEAD: Vice President Bush today leveled his most scalding attack yet against Michael S. Dukakis, charging that the Democratic Presidential nominee would make the world a more dangerous place because he has repudiated the foreign policy vision of John F. Kennedy.

Bush, in Scalding Address, Says Rival Would Make World Riskier

BUSINESS DIGEST

LEAD: AIDS-infected drug addicts and hundreds of other sick and desperate poor people were paid pittances to donate blood samples that a New York City ''blood trafficking ring'' used to defraud the state Medicaid program of at least $15 million, state officials charged yesterday.

10 Are Indicted In Major Fraud On Blood Tests

LEAD: Jordan announced today that it would stop paying the salaries of virtually all its employees in the Israeli-occupied West Bank.

JORDAN WILL STOP EMPLOYEES' WAGES IN THE WEST BANK

LEAD: On this day 10 years ago, Joann Hale was seven and a half months pregnant and ''crying like a baby'' on the living room floor of her home on 99th Street here, in the neighborhood known as Love Canal.

After 10 Years, the Trauma of Love Canal Continues

LEAD: Governor Cuomo, saying he understood the anger of middle-class Yonkers residents opposing the construction of subsidized housing units, called today for a compromise that would spread the housing more widely around the city and said he hoped to get Federal aid to achieve it.

Cuomo Compromise for Yonkers: Smaller Projects, Spread Widely

LEAD: Demand for electricity at Midwest utilities set sharply higher records in the last few days. The increases were the largest since the early 1970's.

Electricity Use Sets Records

LEAD: A small Florida company that has figured prominently in the investigation of fraud and bribery in military procurement said yesterday that it had closed because it had lost its major customer.

Company Shuts In Fraud Case

LEAD: A Federal grand jury yesterday indicted six men, including a former trader at Drexel Burnham Lambert, on charges that they engaged in a racketeering conspiracy to create illegal tax losses through fraudulent stock deals. Five of the men, all facing racketeering, conspiracy and fraud charges, are top officers in Princeton/Newport, a New Jersey investment partnership.

6 Charged With Racketeering In Wall Street Insider Inquiry

LEAD: In art, there is no straw-hat circuit. There are no windblown open-air concerts. Nor are there goings-on beneath a big tent that make us feel we are being served soup on a dinner plate. Art exhibitions outside New York City in the dog days of the year are a serious business, put on by serious people.

Provocative Art Shows Near New York City

LEAD: The United States would find it ''unacceptable'' if the European Community's 1992 integration plans curb American access to the 12-nation bloc, a senior Reagan Administration official said today.

U.S. Warns Europe on Trade Plan

LEAD: Maybe it's the department-store mannequin dressed to look like Mary Magdalene. Maybe it's the giant rosaries fashioned out of anchor chain. Maybe it's the five-story-high cross made of neon and steel. Then again, maybe it's just the weather: thunder pealing through the heavens, rainclouds roiling overhead.

Our Towns; Kitsch Crusade: Artists Rally For Holy Land

LEAD: New York State officials said yesterday that they would soon impose new controls on the disposal of infectious waste from medical centers.

New Limits On Disposal Are Proposed

Michael Jamieson is a Scottish former competitive swimmer who represented Great Britain at the Olympics, FINA world championships and European championships, and Scotland in the Commonwealth Games. Jamieson won the silver medal in the men's 200-metre breaststroke at the 2012 Summer Olympics. He now is the Head Coach for the Swimming Club, Natare West London.

Michael Jamieson, Scottish-English swimmer

Michael_Jamieson

Federica Pellegrini is an Italian retired swimmer. A native of Mirano, in the former province of Venice, she won a gold medal at the 2008 Beijing Olympics. At the 2009 World Championships in Rome, Pellegrini became the first woman ever to break the 4-minute barrier in the 400 m freestyle with a time of 3:59.15. She also held the women's 200 meters freestyle world record.

August 5, 1988

Headlines from August 5, 1988

WEEKENDER GUIDE

Insilco Takes $950 Million Buyout by Group

Wages That Raise Eyebrows

Koch, Offering New Rules, Lifts Ban on Vendors in Midtown

HERTZ ADMITS USE OF FRAUD IN BILLS FOR AUTO REPAIRS

Billboard 200

Appetite For Destruction

Hysteria

Roll With It

Tracy Chapman

Dirty Dancing

Notable Births

Historical Context for August 5, 1988