Sales figures for new homes dropped 14.1 percent in June, reaching a two-year low. Northeastern, southern and western regions suffered the greatest decline. Dow Jones industrial average down 1.95 points, closing at 3,796.22 . . . N.Y.S.E.'s composite index rose 0.10 to 254.15 . . . NASDAQ stock market composite index fell 0.21 to 724.64 . . . American Stock Exchange up 0.12 to 439.74 . . . Gold dropped $4.80 to $378.40 on the Commodity Exchange in New York . . . The 30-year Treasury bond closed with a yield of 7.40 percent up from 7.39 late Monday.