Hey OP, goto the top of this page, where it says "search discussions..." and type in "pumping". LOTS of people had this problem.
BTW, have you ever heard of "clarity vinyl"? This is vinyl with NO black stuff included (clear vinyl). The reason it is clear is some feel the black stuff generates some kind of magnetic interference. If you're cartridge is super sensitive, it may be generating enough current to make the woofers "pump". Try your test using clarity vinyl.