Upvote:7
Not sure about the movie, but here is the web page of family of the original photographer, and their version of your image
It is a cinema at Caxias do Sul, Rio Grande do Sul, Brasil.
Certainly it makes sense that the word at the bottom of the poster is HOJE (today). The webpage dates the picture to 1904, but, if you accept that the date may be wrong, I have a possibility about the movie title.
Anana Antiféministe, a French movie from 1917, might have been translated as "A ANTIFEMINISTA". The number of letters appear to fit well in the presumed space.
About the first letter, in Portuguese, "the" may be translated as "o", "a", "os", or "as". 'o' - male form, 'a' - female form, and the 's' means plural.
About the date, his bio says that in 1904 his older brother moved to Caxias for medical treatment (due to the better climate), and then he also moved to help his brother. And "A partir de então já começou a produzir fotografias" - "from this time he already started to produce photos"
It means, that if it is from 1904, it must be one of his first professional photos ever.