Stocks rose sharply in the final hour of trading yesterday on moderately higher volume.

Its stock has risen 54 percent over the last two days on heavy volume.

Shares of Chancellor, which initially fell 11 percent yesterday morning, recovered strongly and rose $1.1875, to $45.5625, on heavy volume.

But the lack of official comment did not stop their stocks from rising steadily on heavy volume.

Stock prices rose slightly yesterday on continued low volume.

The Dow Jones industrial average rose 8.61 points, to 2,493.94, on volume of 152 million shares.

Sterling Drugs rose 5 1/4, to 62 3/4, on heavy volume.

Over the last two weeks, the 225-stock Nikkei index has risen a robust 11.7 percent on healthy volume.

Coca-Cola rose 1 1/4, to 49, on heavy volume of nearly three million shares.

Its American depository receipts rose 87.5 cents, to $74.25, on volume of nearly 4.3 million shares.