LEAD: Six members of two Bronx school boards that were suspended amid allegations of misdeeds and mismanagement have been re-elected.

Voters Re-elect 6 to 2 Boards Under Inquiry

LEAD: Republicans like running for re-election after a tax rise about as much as cats like a brisk swim in the ocean.

Campaign Matters; Tax Nightmares Haunt the G.O.P. In New Jersey

LEAD: More than a million Chinese took to the streets of Beijing Wednesday in an extraordinary outpouring of support for more democracy.

CROWDS IN STREET ASK DENG'S OUSTER

BUSINESS DIGEST

LEAD: The Philadelphia Stock Exchange and the American Stock Exchange introduced what they thought was an exciting new product last week. But it has run into a cold shoulder from some of Wall Street's biggest firms.

Market Place; New Form of Index Trading Has Foes in Powerful Places

LEAD: Sirens wailed as ambulances whizzed by, carrying hunger strikers who have fainted after five days without eating, when the gray-haired school teacher suddenly pulled out her handkerchief and cried.

A Million Chinese March, Adding Pressure for Change

LEAD: McGraw-Hill Inc., long the subject of takeover speculation, quieted those rumors somewhat yesterday when it said it had signed a standstill agreement with Robert Maxwell, the British entrepreneur whose empire includes Macmillan Inc., and would form a joint publishing venture with him.

McGraw-Hill and Maxwell Form Venture

LEAD: A group of influential House Democrats held an emotional private meeting today at which several of them stunned supporters of Jim Wright by openly discussing the possibility that he could not survive as Speaker of the House.

GLOOM ON WRIGHT SHAKES GATHERING OF KEY DEMOCRATS

LEAD: FOR the summer garden or patio, the furniture of choice by both architects and retailers is reproductions of metal garden furniture whose designs were first created in the 18th and 19th centuries.

A New Iron Age Furniture

LEAD: AS a 16-year-old, Marguerite Marshall used to walk past the extraordinary 30-room limestone house at 10 St. Nicholas Place, at the corner of 150th Street, with her school friends Nellie and Edith and dream about what it would be like to live there. One day, she impulsively rang the bell and asked the owner, Bertha Koemple, if she could have the right of first refusal if the house was ever sold.

From Porticoes to Turrets, Hamilton Heights in a Day

LEAD: Mikhail S. Gorbachev today portrayed the popular uprising that has engulfed the Chinese capital as part of a painful but healthy worldwide upheaval in Communist countries.

Gorbachev Praises the Students And Declares Reform Is Necessary

LEAD: A pro-Iranian militant from Lebanon was convicted today of hijacking a Trans World Airlines jet in 1985 and murdering an American hostage. The defendant, Mohammed Ali Hamadei, was sentenced to life imprisonment.

LEBANESE GETS LIFE IN HIJACK KILLING

LEAD: With exports posting a surprisingly strong rise, the nation's trade deficit narrowed sharply in March, the Government reported today.

U.S. Trade Gap Shrinks Sharply As Exports Rise

LEAD: It's merely a television show. Yet when the last episode of ''Miami Vice'' is broadcast Sunday night, an important chapter in this city's life will close.

Miami Journal; Sun Sets on Show That Redefined a City

LEAD:  O.A.S. Urges Noriega To Yield Power  The Organization of American States condemned ''abuses'' by Gen. Manuel Antonio Noriega, the Panamanian leader, and called for the peaceful transfer of power from his regime to an elected Government.

INSIDE

LEAD: Classified Reagan Administration documents have cast fresh doubts on the Bush Administration's assertion that there was no deal between the United States and Honduras on aid to the Nicaraguan contras.

U.S.-Honduras Deal Suggested in Memos

LEAD: Mayor Edward I. Koch proposed yesterday that an additional $1.2 billion be spent to treat tens of thousands of drug abusers in New York City during the next five years, although the effort would largely depend on state funds not yet committed and on therapies of uncertain effectiveness.

Koch Offers $1.2 Billion Expansion of Drug Treatment

LEAD: The white-hot glow over Times Square these days is not coming from the neon lights of Broadway but from an increasingly nasty eleventh-hour battle over the 42d Street redevelopment plan and whether New York City architects support or oppose the project.

New Dispute Tangles Plan On Times Sq.

LEAD: The Senate today gave final approval to a bill increasing the minimum wage to $4.55 an hour by 1991 and braced for a protracted veto battle with President Bush. The President wants a lower wage floor and a subminimum training wage unacceptable to Democrats.

Senate Votes to Raise Wage Base And Braces for Long Veto Fight

LEAD: For the last few years, Morgan Stanley & Company has seemed to do everything right while its counterparts on Wall Street have been struggling. Now it must cope with the perils of success.

Morgan's Battle With Success

LEAD: Citing test results and Government statistics, Consumers Union today criticized the Ford Motor Company's Bronco II for what it called ''poor emergency handling.'' The organization, which publishes Consumer Reports magazine, recommended that consumers avoid buying the compact utility vehicle.

Bronco II Performance Criticized

LEAD: The Amway Corporation said last night that it was withdrawing its offer of $39 a share, worth a total of $2 billion, for Avon Products Inc., which earlier in the evening rejected its bid.

Amway Withdraws Avon Offer

LEAD: Executives at the Fuller Brush Company faced a demoralizing reality about three years ago. With more women than ever working outside the home, there was often no one to answer the door when a sales representative came calling.

Fuller Brush Tries New Approach

LEAD: THIS is the season of surprise. Those who doubt it need only talk to Anne-Marie Bratton, a bride-to-be.

Weddings: A Time for Giving and Returning

LEAD: A New Jersey court has been asked to rule in a case that could determine whether some of the state's affordable housing should be assessed for tax purposes at its lower purchase price or at its market value.

A New Fight in Affordable Housing: Taxes

Dorothy Ruth Pirone was the biological daughter of the American baseball player Babe Ruth and his mistress Juanita Jennings. She was adopted by Babe and his first wife Helen Woodford Ruth of Boston, Massachusetts. She wrote a memoir of her father, titled My Dad, the Babe (1988).

May 18, 1989

Headlines from May 18, 1989

Voters Re-elect 6 to 2 Boards Under Inquiry

Campaign Matters; Tax Nightmares Haunt the G.O.P. In New Jersey

CROWDS IN STREET ASK DENG'S OUSTER

BUSINESS DIGEST

Market Place; New Form of Index Trading Has Foes in Powerful Places

Billboard 200

Like A Prayer

Loc-ed After Dark

The Raw & The Cooked

G N' R Lies

Don't Be Cruel

Notable Deaths

Historical Context for May 18, 1989