New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-21
THE FUTURE or WALLACES.
MANY REPORTS ABOUT CHANGE THERE.
RuMon THAT 1T NAY ne CALLED "rALMrRs IN
sunpr rtNr

SHORT TIMx.
humors about the future control OF waliacks The.
se VIII not down. but on the contrary multiply
win almost incredible rapidity and variety II Is
only natural that the subject should aouse a great
uea OF interest, for should lease of this theatre
DC sold IL will probably involve larger cash payment
'han has ever before been made under similar circun.
stances Although Theodore Moss stated some DAYS
ago IN" he expected to remain in charge Of the
'nesc II is no secret that negotiations for the sale
OF the lease have been continued
Inc people who arc best informed In theatrical
matters sun express strong belief that A. NJ Palmer
OF the Madison Square Theatre viii be the purchaser
su mas even been stated that the walack'so
VIII oefore long be changed to Palmer'ss Tho lease
mas shtysix years yet TO run, and the ground rent
reported to be $4,000 To the original theatre hua
ing was added the property IN Thiriethst used for
stage entrance and dressing rooms, and small part
OF which is let for business Offices In the theatre
building are the drug store the corner and several
large Offices the second oor 1t was intended that
lofty apartment building should be erected on the
broadway mont and Thrtieth-st side undoubted-
ly this viii eventually be done, although fear OF
dsproportionate increase of taxation has hitherto pre-
vcntcd it, Tho price asked for the lease is varously
reported at sums between s25oo0o and s3bo,oOo
The amount whatever 1t may be will include the
houses in Thrieth-st which are said to be freehold
person who should be in position to know tho
progress of the negotiations said yesterday: "Tho
price Will be much nearer the smaller figure and l
believe A. NJ Palmer is the man who will pay it. In
deed, hear that the title being searched and
that when that is satisfactorily ended deal will be
made. You may hear something on Monday
Theodore Moss was in his Office at wallack's yes
to-day looking over some elaborate and beautiful de-
signs for tho decoration of the reconstructed audi
forum of the Star. 6" can't tell you anything more
about Walacks" no said in response to the reporters
inquiry, than The Tribune has already published
Iherc has not been any sale OF the lease yet and
agreement Of any sort has been signed / am stil
receiving offers for the lease, and there have been
negotiations for sale, but little do look for an
carly tomorrow and not return TIL Tuesday or
wednesday. If can't get the price want for this
theatre shall continue to manage It. In any case
Shall have the Star, which, when the alterations are
completed, will be ono Of the hahdsomest theatres in
this country. The auditorium, with the exception
Of the walls, will be entirely The interior was
taken out from wall to wall II will be reopened the
last week in August as combination house. and the
first attraction viii be McNish, slavin and Johnson's
Minis trels'
A. NJ. Palmer came from Stamford, his summer
home, on Thursday While admitting that he had
been in negotiation for wallack's, he declined to
make any statement for publication of what he
thought would be the probable outcome. al have a
great number Of plays for next season." he said, in
GLIDING three being written especially for ne by
Petit and Sims, Robert Buchanan and Henry A.
Jones. These will be produced here before they
done in England. | have just purchased Captain
swift, a play recently tried at matinee in London
This hope VIII be another Jim the Pcnman,' and it
reminds me great deal Of that piece, as Captain
.Joseph's Sweetheart Decentralization of Joseph
Andrews: which has been very successful in London,
unftted for the Madison square Theatre and / must
Ind another house in which 10 bring them out"