4--Harvard releases a report showing that investments in South Africa-related companies fell from $230.9 million to $163.8 million--more than 30 percent during the last six months of 1988. But University money managers say the drop was caused by company divestments and not by any direct efforts on Harvard's part.

6--The Crimson reports that Board of Overseers candidate Peter J. Malkin '55 wrote a letter cautioning against HRAAA's pro-divestment candidates.

May

1 --English Department junior professors meet with President Bok and Dean of the Faculty A. Michael Spence to complain about the promotion process, arguing that Harvard's tenure system is slanted against junior professors seeking to advance within the University. The English Department has tenured only one junior professor in the last 25 years.

3 --The Crimson reports that University Vice President for Alumni Affairs Fred L. Glimp '50 helped Stanford President Donald Kennedy '52 to publish a letter in Harvard Magazine encouraging alumni not to vote for HRAAA's pro-divestment candidates.

4 --Feminist scholar and French literary expert Alice A. Jardine, professor of Romance languages and literature, says she has been granted a lifetime post by the University. Amid junior faculty complaints that they have almost no chance of being offered tenure at Harvard, Jardine's appointment is the second promotion of a junior faculty member from within her department in the last five years.

9 --New HAA President Charles J. Egan '54 --who paid the $9500 to run Kennedy's letter as an advertisment in Harvard Magazine, harshly criticizes HRAAA's leaders and their slate of what he calls "single-issue candidates" for the Board of Overseers. HRAAA Executive Director Robert P. Wolff '54 calls the remarks "slanderous" and demands an apology.

31--Linda S. Wilson, a University of Michigan administrator, is appointed the seventh Radcliffe President, after a 16-month search.