Here is another version of the same photograph. I have deciphered most of the text under the first version, which reads:
Dr. Richard Strauss was the guest of honor at a supper tendered on the day of his arrival in the United States given by Berthold Neuer of the American Piano Company. The supper took place at the Hotel Biltmore on October 27, the guests being as follow(s). Reading from left to right, sitting - Sol Hurok, Efrem Zimbalist, Victor Herbert, Tino Pattiera (the new tenor of the Chicago Opera), W.A. Brooks (manager of Brunswick Recording Laboratories), Willem van Hoogstraaten, Sigmund Herzog, Sigmund Spaeth, Otto Weil, Harold Bauer, Philip Berolzheimer (city chamberlain), Alexander Lambert, Franz Kneisel, Artur Bodanzky, Rubin Goldmark, Milton Diamond, Dr. Strauss, Berthold Neuer, Otto W. Kahn, Edward Ziegler.
Standing - Hugo Riesenfeld, George E. Brown, Franz Strauss (son of Dr. Strauss), Josef Stransky and Serge Rachmaninoff.