The picture below shows a larger view of this Colorful 1930s Cracker Jack Pop Corn Confection Toy Prize Cardboard & Paper Telephone Set. The Cracker Jack toy prize number for these was z-0807 and they were produced in the 1930s by a company named Cosmo. The prize has two colorful paper covered cardboard cups (one is blue and one is red or orange), They are attached with a gold string. The two are marked as follows:
TELEPHONE BOSTON 3000 STRETCH STRING – START CONVERSATION MADE IN JAPAN
TELEPHONE CLEVELAND 4000 STRETCH STRING – START CONVERSATION MADE IN JAPAN
The toy prize telephone cups each measures about 2-7/8'' long. The set appears to be in mint condition as pictured.