Night sequence at Capitol Theatre on Saint Catherine Street showing man on stepladder outside theatre taking off letters from advertisement on neon sign, of employees inside Capitol taking down pictures from walls, putting them in frames, of man outside Capitol putting new advertisement on neon sign: "1921-1973, ouf, c'est fini, merci", traffic and pedestrians visible, "Capitol" neon sign flashing. Shots of employees inside Capitol moving things on stage, of man playing organ and talking with someone else, of men taking off exit signs from walls. Various shots from different angles of reception given for closing of Capitol Theater showing nicely dressed people, many of whom wearing 1920's clothes, meeting, talking together, of objects (statues, big vases, paintings, old furniture) being auctioned on stage, man talking into microphone regarding objects on sale to public, of several photographers and reporters, people on stage drinking champagne.