Recovery Slackens Late in Week
I NEW YORK, March 19 iaÛÓThe ! stock market choked off a major reaction this week and launched a I recovery drive.</br></br>I The reaction, great as it was, still made only a dent in the sustained i bull market rise that started 18 | months ago.</br></br>away around seven per cent in a six- j session reaction. The recovery drive j in the final four days of this week : retraced 41 per cent of that loss. j What caused it all?</br></br>In Washington, Senator Fulbright j (D-Ark.) made a detailed effort to j show that his study of stock market j conditions had nothing to do with ' the stock market's action the past two Û¢ weeks.	j , Stock Exchange member firm of ! Paine, Webber, Jackson & Curtis in t his semimonthly review of the stock ! market commented:</br></br>; ÛÏWhether warranted or not, this l monthÛªs steep drop in the stock mar-j ket seems bound to be dubbed Û÷the : Fulbright breakÛª by market historians . .. , ÛÏDespite the abruptness of this reac-^ tion, it is still of minor proportions The reaction pulled up somewhat short of breaking through to new low levels that would arouse fears of a : reversal of the marketÛªs fundamental direction.