[ No headline ]

After a sluggish start, the market chalked up a 30.74-point gain on Wednesday , the largest in more than seven months, when Chairman Volcker quieted fears of tighter money and higher interest rates. Volcker said the Fed would try to hold M-1 growth to a 5- to 9-percent range for the rest of the year (compared with 4 to 8 percent in the first half).

As many investors hung back on Friday awaiting the latest money supply report , the Dow Jones industrial average topped off its midweek gains by closing up 38 .86 points for the week, at 1,231.17WS

Reference to specific stocks, funds, or other investments in the news or advertising columns of The Christian Science Monitor is intended for the general information of readers and not as an endorsement or recommendation to buy.m