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13 - Financial management

Published online by Cambridge University Press:  22 September 2009

Ian Woodfield
Affiliation:
Queen's University Belfast
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Summary

The financial records of the opera house at this period suggest that the general competence and flair of Brooke's regime was eventually rewarded by a positive balance sheet, once the crisis over Agujari had been overcome. The discovery of several bank accounts used by the managers has shed much light on the details of the finances of Italian opera in London in the 1770s, a subject about which little has hitherto been known for certain. Until the 1772–3 season, Hobart banked at Drummonds, where there had been an opera account for many decades. The Brooke–Yates partnership abruptly terminated this long association, opening an account at Hoare & Co., which they used for three and a half seasons (see Appendix 1a). For the 1777–8 season, their last at the King's Theatre, they opened an account with Mayne & Graham of Jermyn Street, but since this partnership went bankrupt in the early 1780s, the accounts must now be regarded as lost. In 1778 Sheridan and Harris returned to Drummonds, opening an account which lasted for the year of their partnership (see Appendix 1b). Jonathan Garton, treasurer of Covent Garden, became involved with opera finances that year, and his own, much larger account includes transactions clearly made on behalf of the King's Theatre (see Appendix 1c).

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Chapter
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Opera and Drama in Eighteenth-Century London
The King's Theatre, Garrick and the Business of Performance
, pp. 182 - 197
Publisher: Cambridge University Press
Print publication year: 2001

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  • Financial management
  • Ian Woodfield, Queen's University Belfast
  • Book: Opera and Drama in Eighteenth-Century London
  • Online publication: 22 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511481758.015
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  • Financial management
  • Ian Woodfield, Queen's University Belfast
  • Book: Opera and Drama in Eighteenth-Century London
  • Online publication: 22 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511481758.015
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Financial management
  • Ian Woodfield, Queen's University Belfast
  • Book: Opera and Drama in Eighteenth-Century London
  • Online publication: 22 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511481758.015
Available formats
×