THE MARKETS
Dow Jones industrial average dropped 17.49 points, closing at 3851.60 . . . N.Y.S.E.'s composite index dropped 1.20, to 254.71 . . . NASDAQ stocks lost 6.41, to 760.33 . . . American Stock Exchange fell 3.38, to 454.77 . . . Gold up $0.50, to $394.10, on the Commodity Exchange in New York . . . The 30-year Treasury bond closed with a yield of 7.80 percent, up from 7.77 late Tuesday.
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RAY KELLY, New York City Police Commissioner, on the arrest of a New Jersey man in one of the nation's most baffling missing-children cases, the disappearance more than three decades ago of 6-year-old Etan Patz.
