A novel toy, a cap cane, 25" in length, with a slot at bottom for inserting a cap.  Tap the cane on a hard surface to explode the cap.  Covered in red, white and blue paper litho, and having a red, wood, ball for a cane top, it could well have been produced for the fourth of July.  Made by the Universal Fireworks Company of Brooklyn, New York, it has a 1940 patent date.  Condition: mechanism works; minor age toning, soiling, staining in spots, on the paper; few tiny nicks at paper edges.  Otherwise VG. We have two of these.