It’s a Cream Dipper.

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Its a Cream Dipper US Patent #1013503

It's a Cream Dipper US Patent #1013503

Back in the old days when milk only came in bottles it was not homogenized like it is now. The cream would float to the top of the milk and some people would prefer to remove it to use as cream, rather than shake the bottle to mix it in.

click on the pic above to read the whole patent abstract.