STATE OF BUSINESS: Fast Pulse

"President Eisenhower is the pulse of the stock market," said a Wall Street broker. "Everything is Ike, Ike, Ike." For weeks the market pulse has beaten sluggishly; trading dropped and prices edged down as a majority of Wall Streeters decided that Ike would not run again. Last week the pulse speeded up after the doctors issued their report on Ike's condition. The next day so many buy orders poured in that some specialists had trouble opening their stocks. Not until 10:18 a.m., for example, did U.S. Steel open on a huge block of 25,000 shares, up 3 5/8 at 55½;...

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