Pictured here is the first model from Hiker. Hiker has had a long association with Cheerio, and that appears to be true from the beginning. Notice the similarities to the first Kitchner Knobs Cheerio.
The logo reads "The Hiker Mfg Yo-Yo, Toys and Woodenware, HIKER, Auto Traffic Signals, Victoria BC Canada." Hiker also made Traffic signals??!!