February 23, 1993

More than three years after dismantling Communism, Poland is struggling to get a grip on that most basic of capitalist tools, the banking system. For decades banks here, as in other Communist countries, played little economic role other than to channel the money allocated by central planners to state-owned industries. In an economic culture that revolved around manufacturing, banking was a low-paid backwater.

President Clinton today told an audience of aeronautics workers, many of them threatened with the loss of their jobs, that their livelihoods were imperiled because of unfair foreign competition, and that the Federal Government would help them. At other stops on his road trip to promote his economic plan, Mr. Clinton has appealed for support for the tax increases that are its major feature. But this time the message was one of reassurance.

WOMAN NOMINATED FOR TOP JUDICIAL POST Governor Cuomo has nominated Judge Judith S. Kaye, a judicial centrist on the New York State Court of Appeals who has worked to expand individual rights under the State Constitution, to become the first female chief judge of New York's highest court. A1.

The stock market accelerated its screeching swerve away from Nasdaq stocks yesterday as investors piled into the Dow industrials and utilities. The Nasdaq composite index, home of technology companies large and small, fell 1.7 percent even as the Dow Jones industrial average rose 20.81 points, to 3,342.99.

Clearly intent on moving ahead with plans for an airdrop of relief supplies into Bosnia and Herzegovina, President Clinton invited the United Nations Secretary General today to meet with him on Tuesday in an effort to win his support for the initiative, Administration officials said. Secretary General Boutros Boutros-Ghali, while not opposing the plan outright, is insisting that any relief operation be coordinated with, and under the command of, United Nations forces already in Bosnia. American officials say they have no problem coordinating with the United Nations but are clearly reluctant to cede military control of the operation.