STATE OF BUSINESS: Bulls on the Move

At the opening bell on the day after election, brokers swarmed around the 18 trading posts of the New York Stock Exchange, their pockets stuffed with buy orders. As big blocks of stock changed hands, prices surged ahead throughout the list. U.S. Steel jumped 2⅜ to 58⅞; General Motors racked up a gain of 2½ to close at 92½. Such stocks as Bethlehem and Westinghouse, which had sold ex-dividend only the day before, made up the amount of the dividends and more.

By day's end the heavy buying had sent the Dow-Jones industrial average up 7.54 points to 361.50, biggest...

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