Hi,
welcome to the forum.
I don't have an installed version of CE 1.4 available right now, so all I can do right now is more or less guesswork from memory, as I'm currently changing the whole system for the custom music.
Did you only install the plain CE 1.4, or do you also have the patch?
From what I can see in your screenshot, you are currently in the dialog folder. Isn't there also a folder
-bloodlines\clubmusic\mymusic\vampire\sound\music\clubs\ and then \asylum, \confession, \asp hole? or something similar
I do know, something got lost while packing the files for the installer.
If the path is really missing there, you should be able to retrieve it by copying the contents from the other (backup) folder in -bloodlines\clubmusic. If I recall right, the backup folder is called default, because it contains not only the empty directory structure, but also the mp3 files for the vanilla and CE music.
If you can't fix it this way, send me a PM. Then we can set up the music for you directly in the game files.
Sorry, this is all I can tell you right now. For more specific help, I'd need more info, and I have to ask specific questions then...
-