First edition published in 2900 copies, ours being a Service de Presse (advance) copy. Literary contributions by Paul Valéry (Au sujet des lettres persanes), Valery Larbaud (Rues et visages de Paris), Max Jacob (Poèmes), etc. Commerce, literary review founded by Marguerite Caetani, appeared in the form of twenty-nine "quarterly notebooks published under the care of Valéry, Fargue and Larbaud" between 1924 and 1932. Its publication follows in the competitive tradition of French reviews of the 1920s and does not merely promote the most prominent authors of French literature: it plays a role as "discoverer" of young talents and unearths forgotten seminal texts. Light foxing at beginning of volume.