Spectral Structure of the Mixed Hessian of the Dispersionless Toda $\tau$-Function

We study the mixed Hessian of the dispersionless Toda $\tau$-function for the one-harmonic $s$-fold symmetric conformal map $f(w)=rw+a{w}^{1-s}$. This Hessian is the susceptibility matrix generated by the inverse conformal map. Our spectral statements are formulated for its weighted symmetry-block realizations on a fixed Hilbert space. In that realization, the first spectral transition occurs at the analytic threshold ${\zeta }_c=(s-1{)}^{s-1}\mathrm{/}{s}^s$, where the dominant square-root singularity of the inverse map reaches the normalization circle, rather than at the geometric threshold ${\zeta }_{\mathrm{u}\mathrm{n}\mathrm{i}\mathrm{v}}=1\mathrm{/}(s-1)$, where univalence fails. After symmetry decomposition and weighted realization, each block develops exactly one logarithmically diverging eigenvalue as $\zeta \uparrow {\zeta }_c$, while the remaining spectrum stays bounded and converges to a compact limit. The instability is therefore rank one in every symmetry sector of the weighted block theory. We then continue the scalar Gram generating functions beyond ${\zeta }_c$. They are generalized hypergeometric functions on the slit plane $\mathbb{C}\setminus [{\zeta }_c^2,\mathrm{\infty })$, their branch-point expansion contains the logarithmic term responsible for the divergence, and in the range $1\le p\le s$ they admit Cauchy–Stieltjes and Jacobi-matrix realizations. In particular, the continued scalar quantities remain regular at ${\zeta }_{\mathrm{u}\mathrm{n}\mathrm{i}\mathrm{v}}$, so the analytic spectral transition strictly precedes the geometric breakdown of univalence.