Penrose Annual volume 45 1951

A volume of this great bound annual devoted to printing, typography and the graphic arts. full of printed inserts, examples of stationery, color printing and great color photography (see photographs). Fashion illustration.  A very interesting issue. Light spotting and marking to boards--here and there.    from wikipedia: The Penrose Annual was a London-based review of graphic arts, printed nearly annually from 1895 to 1982.[1] Penrose began in 1895 as Process Work Yearbook – Penrose's Annual. Lund Humphries has printed the publication since 1897 and has been responsible for its content since 1906 until selling Penrose to Northwood Publications Limited, part of the Thompson Corporation, in 1974. It was edited by William Gamble from 1895 to 1933 then Richard Bertram Fishenden from 1934 to 1957. Fishenden's ('Fish'to colleagues)friend Allan Delafons then took over as editor from the delayed 1958 volume number 52 until the 1962 volume number 56. There was no Penrose annual for 1963 and it