Profit-Taking Drops Stocks In Last Hour
NEW YORK, March 23 UP).ÛÓ j The stock market was hit with ' the sharpest shakeout in more than a month today, but a rally near the close repaired much of the damage.</br></br>The sellolT, which at no time got out of hand, came without! warning in the final hour of the session. Widespread pro- fit-taking at this time was not jtoo diseurbing because the i j market currently is around the f hightest levels of the past 24 f ' years.	|	j</br></br>I The Associated Press average of 60 stocks yesterday was at a level equal to the 1954 high, the best point for the average , since June 2 of 1930.</br></br>; Selling grew heavy just after the start of the final hour of trading. Aircrafts turned I abruptly and fell while the re-</br></br>I mainder of the market followed : along rapidly. Minutes before i the final bell, a rally developed | and brought many issues up from their worst.