WEEKLY STOCK INDEX

NEW YORK--The WWD weekly stock index gained 2.7 percent for the week ended August 26, while the Dow Jones Industrial Average advanced 3.5 percent. Department stores have been reporting strong second-quarter earnings, and stocks have been reacting. Among the big gainers last week were J.C. Penney, up 3 3/4 to 51 3/4; Kohl's Department Stores, up 2 3/4 to 49 1/4, and Carson Pirie Scott, up 1 3/4 to 20 3/4.

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