Strength, Speed and Reliability.

4 models. $80 and $100, fully guaranteed. For children and adults who want an lower price wheel the Defiance is made in 8 models, $40 to $75.

Send for Monarch book.

MONARCH CYCLE

MFG. CO.,

Lake, Halsted and Fulton Sts., CHICAGO.

83 Reade Street, New York.

WALTER BAKER & CO., limited.