This is an ad for Harry Nilsson's 1968 album Aerial Ballet that appeared in the November 1968 issue of Flip. Nilsson penned both "Cuddly Toy" and "Daddy's Song" for The Monkees. As a result of The Monkees recording "Cuddly Toy," Nilsson got his big break in the music business, and as the story goes, felt confident enough to quit his day job working at a bank. Micky Dolenz and Harry (part of the legendary Hollywood Vampires club) were close friends until Nilsson's death in 1994.
Here is Harry's demo for "Cuddly Toy."
Depending on who you ask, The Monkees did or did not back Harry on the demo for "Mr. Richland's Favorite Song," which later appeared on Aerial Ballet. In the '90s through the publishing of Andrew Sandoval's book in 2005, the thinking was that all four Monkees were indeed playing on the demo under the supervision of Chip Douglas. Sandoval's book, however, only lists Michael Nesmith's involvement as a musician and producer along with a recording date of January 1968, after The Monkees had stopped working with Douglas.
The Monkees' official released version of Nilsson's "Daddy's Song" featured a lead vocal by Davy Jones, but Michael also attempted it:
Michael examines Harry's LP Pandemonium Shadow Show, which preceded Aerial Ballet in late 1967: