New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-08-28

WILL 4. NJ PALMER JOIN THE MALLoRYS
HIS PROBABLE PURCHASE OF AN INTEREST IN THE
MADISON SQUARE THEATRE.

Since the return from Europe of A. NJ. Palmer
gossip has been increasingly busy with the question OF his
future plans. That he again enter into bust
ness In New-IOrk well-knOwn fact supported,
II was by his own admission. That he was DESTROYS
OF controlling the fortunes Of theatre. the
authority, was equally a matter Of certainty. Until
within day or two, the STANDARD Theatre,
now building, aud the old Cosmopolitan have been the
only houses with which his name has been publicly con-
neeted Although his negotiations with Of the
FORMER place nearly completed they fell through at
the last moment; from what has yet been
ueutey determined. BY t is said that the owners
insisted on the retention Of the standard Theatre
"hie Mr. Palmer as firmly insisted its Abandonment
O'hers say that the non-rrceipt OF telegram 40 critical
moment suced to throw the hands OF J.
= Dun the present lessee The ultimate fate 0i the Cos
mopoan is not yet decided upon Three offers have been
made which will be considered by the owner in the fol-
OWING ORDER First the offer Of Joseph Hart; secondly,
tnat OF syndicate represented by Townsend Percy and
thirdly that OF Mr.. Palmer
IL Is now stated upon excellent authority, that Mr..
F"iher' Ia all human probability viii purchase half
interest IN the Madison uare Theatre from Marshall H.
N'iofy, who Representa- his brother, Dr. Mallory, aud
himself MI Palmer present Is living ut his country
seat near STANFORD Conn., but Marshall Mallory said yes
eTdy. when asked II there were any foundation for
rnnor; Nothing positive will be decided upon until
next Monday ~ the earliest say, however that
are negotiating with Mr. Palmer, and II is probable that
something viii be done hy in the direction you name
Ihosr who claim 90 be Well informed upon such mat
tiers say that this move Is merely 70 elimination Of
series OF Negotiations between the Mllorys and Mr. Pal
mer which begun the latter left the Union
Square Theatre. than twelve months ago. The
original proposition that the Maliorys to build
theatre for Nr. Palmer which he to manage him
SELF, according to his own principles aud ideas It was
an open that tine brothers had male bid for the
standard after its destruction by tire with this
ject Ia view, and 10 has been said that they were
AT the back Of Mr. palmer during his eudeavor to
obtain that house upon suitable terms. RunOr likewise
declares that Mr. Palmer Is himself anxious 10 in
vest much Of his hard learned savings any theatrical
enterprise, II j. alleged he considers his brains
and experience ample capital ~ bring into firm
IL has been Thought surprising tha keen business men.
such ~ Mr. Mallory ami his brother. should admit any
one To positive share OF what Is admitted O DE
crptionaIly safe and weIl-pay.ns business Here again.
Dai4e Runor steps iu with the Information that the
Madison square nrOprienr regard the establishment OF
the Lyceum Theatre as likely to prove exceedingly dar-
snail H. and Dr Mallory the value toauy theatrical enter
prise OF steele MackIye or Gu-tave FrOhmin, for IN
tune past they have reapel the benefit OF business COIL
uc'tIOu with both. Mr. Mallory claims the credit Of
gone beyond hs original ideas and Intentions lLIS being
TIE ease. 10 s considered u tne m -arca world to be
matter of small wonder tina they have turned 90 man
ager WHO might have proved another DANGEROUS rival
Besides t- matters have not been ru-cate hued of
late 20 tir theatre Itself Alpine Roses cutard con-
slrril.. loss. Wulle " MAY Blossom although au
aruoV edged success - nor 80 profitable Co tie Malor,s
a- other Plays controlled entirely hy them. When sub
uIifed 90 him 10, Belt-co DR. Mallory wa dubious
o. N, succr, and the author therefore disposed OF ht
his interest 10 Charles Irohmau Thus the profits arc
frohm'u iu,tai OF lowing ia one stream into the Mad-
CON square Theatre golfers