GRACE, DEAD AT 81
FormerW.R. Grace & Co.Chairman J. Peter Grace Jr., who served as advisor to three presidents during his lifetime, died last night of cancer. For the past 50 years Grace ruled over a family business empire which was one of the world's leading makers of specialty chemicals. Last month, in a highly publicized drama,Grace was ousted from his positionof power amid allegations that he had abused company funds for personal use.
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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.
