The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1871-12-13
New YDsH.

THE COMMUNE IN NEW YoRK-sTORMY MEET
ING OF TIE Observation-Disclosures RE:
SOLVE TO PARADE ON SUNDAY NEXT-srATE
PROTECTION ASKED-ENINENT LAWYERS
VOLUNTEER IN THEIR DEFENCE, &C.
New YORK, December IA stormy
meeting Of the Jnternational5 last night
adopted aresolution to parade next Sun.
day. The adoption of the resolution was
followed by wild applause. .,
Another resolution was adopted inviting
all workmen, women, and citizens, to Join
in the procession on that day.
Committees were appointed TO wait on
Governor Hoffman and ask State protec.
ton. and to inform the police of their de-
termination. $751;. -..-...
The meeting adjourned amid wild cries oil
" Tiue la Commune - " Vtre la Interna-
tionale :" e.;
ExJudge Edwards Pierrepont and other
eminent lawyers have volunteered to de-
fcud the Internationals if arrested on Sun
day. ta3
1t is state d that the police commissioners
adhere to the determination to prevent the
InterpationalS from parading on Sunday,
and that the Governor refuses 10 interfere.
BANK AND OTHER FAILURES REPORTED.
The Ocean Bank has been thrown out By
the clearing. house. William NJ. Tweed il
one Of the directors. 1t is stated that tie
failure was occasioned .by the slringency in
the money market. 1t is thought that
about fifteen per cent. OF the deposits will
be paid.
The f,ilure Of the cotton firms of VII.
liam 7. Wright & Co. and John Seaycroit,
also in consequence Of the stringency in
the money market, are announced.
An unIuthcntic1ted rumor is in circrla.
ton that the Cnon-Square National Bunk
has suspended.
Much excitement prevailed in the cotton
market this afternoon in consequence OF
failures Of the cotton fins above reported
and the rumored insolvency OF many others.
In addition to the two firms already men
toned officially as having failed, that of
AdoIphus c. schoefer Il Co. is announced.
These failures resulted from the inability
of the parties to fulfill contracts in conse-
GneEce OF sudden fluctuations in the mar
ket.
Wright e Co. place their Indebtedness Mt
$50 coo, and are ready to compound at soc.
on the dollar.
Schoeter Il Co. and j. Selycroft have
failed for considerable amounts. but de-
clare themselves Unable TO state the amount
Of their OBLIGATIONS.
Many rumors have been afloat this p. NJ.
affecting the solvency Of other firms, but
no other failures are officially announced.
Some dealers reported to be in difficulty
confessed TO serious embarrassment when
questioned, but expressed the belief that
they would be able to "tIde over" the
trouble.
Later.-An associated bank meeting sus-
tanned the committee in eXpeling the
Ocean Bank. The meeting WAS private,
but it has transpired that some ugly facts
have been produced which will di>credit
the assertions that the Ocean Bank will pay
in full. The rumored suspension Of the
Union Square Bank is un:ounded.
GENERAL ITEMS. '-
New YoRE, December 12.-The small.
pox is on tire increase in Brooklyn. Fifty
seven Cases have teen reported during the
week.
Julian has abscondcd with the proceeds
Of the late concert and hsll to Prince
Alexis, owing bis musicians $1,000.
Madame Burns, the ab0rtionist, has been
sentenced to seven years imprisonment.
TDirty-two new cases Of smallpox and
seven deaths are reported since Saturday.