RECREATION. 



X X VI I 



Best Bicycle in the World. 



LIGHT, GRACEFUL, STRONG, SPEEDY, BEAUTIFULLY FINISHED, 



EXQUISITELY DESIGNED. 



Four Models, $85 and $ 1 00. 



Elegant 40-page Catalogue Free at any Agency or mailed for 



postage. 



MONARCH CYCLE MANUFACTURING CO. 



LAKE AWD HALSTED STS., CHICAGO, ILL. 

 EASTERN WAREHOUSE, 9 7 CHAMBERS ST., NEW YORK 

 BRANCHES: Boston, San Francisco, Portland, Salt Lake City, Denver, Memphis, Detroit. 



