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Show WHEAT PRICES FALL; x Other Leading Staples Also Go Down; President's Message the Cause. CHICAGW, April 19. Wheat prices un- ' derwent material setbacks today as a result re-sult of the greatly Increased chances that -relations would be severed between Germany Ger-many and the United States. To Borne extent, however, rallies followed th nk actual delivery of the president's messag - to congress. The market closed nervous, iy, to l-'8lVc net lower, with May at -$1.13 and July at ?1.12?4- Other leading , staples, too, all finished at losses for the . daycom 14c to Jf&c; oats y$o to 4c, and provisions 2 to 15c. ; Depression in the wheat trade reached the most acute point after the fact be- : came definitely known that President Wilson Wil-son would notify congress he had given to Germany the plain alternative of ceasing ceas-ing the submarine campaign or of a break in friendly relations between Washington and Berlin. This knowledge was well established es-tablished on change long before the president began to read his message in public. Many orders to sell out wheat v and to stop losses were executed in consequence, conse-quence, but the bearish effect at no time suggested any flurry that even bordered on demoralization. Traders nevertheless almost wholly Ignored bullish advices sucij, as word that heavy rains had seriousij -interfered with seeding in the spring crop belt and had caused floods in the Red , river valley. Late rallies which to some extent overcame over-came the sharp declines in the value of wheat were ascribed largely to buying on the part of shorts who were in a position po-sition to take profits. On the other hand, upturns were checked by the absence 01 ,. any Important export business and by gossip of inadequacy of vessel tonnage 1 , owing to the activity of submarines-Corn submarines-Corn sagged with wheat. Reports of Increased country offerings had some bearish influence. Oats shared the weakness weak-ness of other grain- Something of an offset though, lay in the fact that export sales of Canadian oats yesterday at the seaboard amounted to 1,500,000 bushels. Provisions weakened under heavy sell- lng of lard and ribs by houses supposed to be connected with German interests. , One of the leading Chicago packers was the largest buyer on the decline. Close of leading futures: f Wheat May, $1.13; July, Sl.14. Corn, May, 76c; July, 76s; c. Oats. Mav, 45Hc; July, 43c. Pork Mav, $23.15; July, $22.55. Lard May, $11.62; Julv, $11.75. Ribs May, $12.20; July, $U.36. CASH QUOTATIONS. Wheat No. 2 red, $1.17; No. 3 red, . $1.111.16V,; No. 2 hard, 1.13s51-14"?; m No. 3 hard, $1.0$ a4 S 1.13. Corn No. 2 yellow. SPc; No. 4 yellow, 74-7414c; No. 4 white, 741.c. Oats No. 3 white, 441!&45c; standard. 45a4f5 46c. Rye No. 2, nominal; No. 3, 94c. Barlev. 63 75c. Timothv, $4.50'5'S.Q& Clover. $10.00 1S.00. i Pork, 522.90T. 23.40. ! Lard, $11.67. i Ribs, Jll.9512.22. |