This is a pocket watch. These watches were very popular before World War I. After the war, they were pretty much replaced with wrist watches. Pocket watches were large, ornate, watches that were carried in a watch pocket (a small pocket in the pants or vest). The watches were usually attached with a chain or a leather fob to prevent loss of the watch.
Telephone & Address Books ??
Vintage typewriter eraser from Eberhard Faber, model Van Dyke. This model has the red eraser with green brush whiskers, one of the more colorful versions of the typewriter eraser. I believe these erasers were manufactured sometime between 1950-1960s. The eraser was used to eliminate mistakes while using a typewriter and the brush to whisk away any eraser crumbs left on the page.