[Update: This is Carrie Finnell. Please congratulate Dewey Webb for identifying her. Finnell (d. 1963) was a famous stripteuse of the 1920s and ‘30s who invented the art of tassel twirling with her “educated muscles,” shown here in repose. ]
Here’s our mystery lady du jour.
July 30, 1938: Carrie Finnell and her “educated muscles” at the Follies!
July 30, 1936: “Hollywood Goes Minsky” with Carrie Finnell opens in Los Angeles.
Aug. 12, 1936: Police shut down “Hollywood Goes Minsky” featuring Carrie Finnell.
July 30, 1938: Finnell appears at the Follies.
ladailymirror.com 
Sophie Tucker?
Blossom Fields?
LikeLike
Zabadu beat me to the punch. Certainly a Red Hot Mama.
LikeLike
Sophie Tucker would be my guess.
LikeLike
Texas Guinan?
LikeLike
Helen Traubel
LikeLike
Belle Barth.
LikeLike
Spohie Tucker
LikeLike
Emma Carus.
LikeLike
Irene Franklin?
LikeLike
Muriel Landers?
Eddra Gale?
LikeLike
Sophie Tucker?
LikeLike
HA! Carrie Finnell was my great-aunt!
LikeLike