Annuals. American Annual of Photography 1940. Volume 54.

American Photographic Publishing Co., 1939.  Hardcover in yellow cloth, very good with moderate evidence of use on covers.  322 pages plus 66 advertising pages.  Articles include “Photography Goes Forward – A Review of a Decade of Progress,” by Glenn E. Matthews; “Winter Mountain Photography Above the Timberlane,” by Alfred A. Monner; “The Ceramic Photo-Process” by E. Borg, et al.  Ilustrations by Frank R. Fraprie, Liu Shu-Chong, Alexander Keighly, Leonard Misonne, Ethel M. Smith, Max Thorek, and many others.  Uncommon in hardcover.