Such good progress has been made with the erection of Queen's Theatre in Queen's Road Central that the proprietors are now considering offers from prospective lessees. It is understood that an offer of $8,000 per month has been made, but in view of the fact that the building will cost close upon a million dollars to put up and decorate, it is doubtful whether this will be acceptable. It is reported that unless an offer almost twice as much as that already made is forthcoming, the proprietors will run the theatre themselves.