Daily Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1876-1884, 1883-08-18
The Postal Tciegraph-Opini0
Ofthe Press ON Mackey

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SAN FRANcIseo, Aug. IA Bale
lin Philadelphia special gives the fol-
lowing regarding Mackey's postal tele-
graph investment. The Philadelphia
Times says: ''rhe accession of Maekey
to the directory OF the Postal Telegraph
Company will not tend to reassure the
public that this scheme is not to be
merged into the Western Union after
the usual manner when it shall have
reached q position where it becomes
real rival. Macke5's name means moth
ing promising when hts manipulation Of
the bonanza stock. some years ago, is
recalled"
The Boston Herald says; II Mlckey
shall decide to back the Postal Tele.
graph Company with his money and his
pluck, it is safe to say Jay Goutd's trip
around the world will be stepped.
The World says OF the election tf
Mayor Seal in the Board of Directors OF
the Postal Telegraph Union that the
drst steps OF the Postal Company will be
to stretch additional wires on the Chca.
90 line. The construction will not stop
until the wires extend from Maine to
California. 1t is stated that among the
new stockholders are Senator Fair and
William Il. Roberts.
The Sun says the concern does not
seem to care at all about the resigna-
ton of Jewett and Treehardt, whose
apparent purpose in entering the Postal
Telegraph Company was to work the
concern in the interest of the Western
Union Telegraph Company.
The Wall Street Stock Exchange
makes u savage onslaught on Mackey.
Printing list of his Nevada properties,
1t says: Here is over S24, 900, 0C0 OF
original capital, augmented by assess
inents to S33, 900, 900, which this won.
derful Mackey has manipulated down to
$1,000, 900, the present market value
treat the Postal Telegraph Company.
The Post, as usual. is conservative;
declares the weakness of the Western
Union Telegraph, that it is bound to
fail, that it has lost n very large amount
of business in the last month, and also
that it seems likely to have serious com.
petitors to deal with. The loss of bust.
ness by reason of the telegraphers'
strike has been probably equal TO one.
half of its ordinary volume of business
for the month.
The Chinese Benefit.
SAN Francisco. Aug. 1.-THE benefit
performance rendered by the Chinese
Theatre TO the Triennial committee was
largely attended. Twelve hundred per.
sons were present, mostly Eastern
Knights and their ladies', going from
curiosity. All the actors Were Cinnamon
and the performance was in Chinese,
The manager issued an order that no
Cinnamon would be permitted to enter.
This was Indignantly resented by China
men outside, who made several attempts
in body to enter, but were repulsed
by the police. The Cinnamon threw
stones through the windows OF the
theatre. Several were arrested. The
receipts of tho performance are esti.
mated at 81, 600.
blood Horse Races.
SAN FRANcIsco, Aug. I7.-Fourth
day Of the Pacific Blood Horse Associa.
ton races. The first race was mile
heats, three in five to harness. Frank
won the first, third and fifth heats.
Time 2;36, 1882, 2;355.
The second race, mile heats, three in
Iiye, was won by Kate Burns in three
straight heats. Time 1888, 2;32, 2:S2.
The Yosemite stage Robbery.
SAN Francisco, Aug. 1.-THE Post
this evening gives particulars of the
Yosemite stage robbery which occurred
last Tuesday, One OF the passengers
robbed was Knight Templar, name not
given, who was relieved Of 1925, a gold
watch and Knightly symbol. He re.
quested the return of the symbol as
something useless to the robbers, but
the latter promptly replied; "No; you
are a Mason, and will know how to get
along without this" The robbers car.
lied off about $500, besides watches
md jewslry. Rewards have been