Wasn't that the Asper family's theatre? Terrific card! Trying to make out some of the names on the posters -- Cyril Scott (under the archway) was a famous composer en.wikipedia.org/wiki/Cyril_Scott -- would there have been photoplays of him performing?

Interesting what the Metropolitan Postcard Club of NY site says about Kraus Mfg. Co.:

"Kraus Manufacturing Co. (1912-1930)
220 W 42nd Street, New York, NY

A publisher of halftone lithographic view-cards and many cards related to the theater including vaudeville acts. These cards were printed in black & white, monotones, and some with color rolls. They are not of the best quality."

Thanks, I wondered how & why they would have used a New York supplier to make their cards! This explains it - a supplier to a niche market.