Market Reports Push Stocks Lip: CD Rate Reduced C/NW Adds Points City Investing Up
i\EVV YORK, Aug. 31ÛÓThe stock market broke loose today and moved higher with blue chips, glamor stocks and secondary issues all in gear; with good news flooding the ticker tapeÛÓif not the news wiresÛÓtrading volume soared.	*---------------------------</br></br>The Dow Jones industrial average took off at the opening bell, never looked back and finished with a gain of 7.57 points at 901.27 analysts said the bounce through the Dow 900 area was a strong signal.</br></br>Standard & PoorÛªs 500-stock composite rose 0.57 points to 93.64 and the New York Stock Exchange index was up 0.34 point to 52.07.</br></br>Trading volume jumped to 8.84 million shares from the 7.2 million traded on Wednesday. Advancing stocks held an early three-to-one lead over declines and held most of the advantage through the day. At the final bell, 806 issues were up and 146 were down, compared with 772 winners and 464 losers in the previous session. New highs! climed to 66 from 37 and new lows fell to 14 from 19.</br></br>Iiarbison-Walker, on a block of 69,800 shares and Santa Fe Railroad, with a 12,800-share trade, were also among the most active.