STATE OF BUSINESS: Tremendous Surge

From Wall Street to Walla Walla, the tremendous surge of the U.S. economy was felt across the nation last week. Though the economy still ailed in spots, its recuperative force and obvious vitality showed up so strongly that even the optimistic were taken by surprise.

The most cheering news was a Commerce and Labor Departments report that unemployment dropped 588,000 in September to 4,111,000, the lowest point in the year and much bigger than the usual seasonal improvement. Said President Eisenhower: "This is a much larger decline than could be expected at...