THE MARKETS

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Dow Jones industrial average down 11.98 points, closing at 3,901.44 . . . N.Y.S.E.'s composite index lost 1.01 to 260.98 . . . NASDAQ stock slipped 6.40 to 759.22 . . . American Stock Exchange dropped 0.32 to 454.02 . . . Gold gained $0.60 to $386.90 on the Commodity Exchange in New York . . . The 30-year Treasury bond closed with a yield of 7.45 percent, no change since late Wednesday.