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An unusual vintage mechanical pencil. It is black hard rubber with gold clip and silver tone tip. The clip is marked 'SALRITE and above the cap is marked PAT DEC. 23, 1922 ROYAL PENCIL CORP. CORONA, N.Y. An advertisement called it the "Machine Gun of Commerce" -probably because of the unusual machine gun look of the holes on the inside for holding extra lead (see 2nd picture). Here is also an article I found:


It does have a name on the side as you can see in the picture and the top probably had some kind of cap just covering the eraser area. The top portion rotates clockwise to extend the lead. About 5 1/8" in length.

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Vintage Salrite, Royal Pencil Corp MACHINE GUN Mechanical Pencil