This unnumbered, unsigned image has the writing of O.T. Frasch. It shows some totem poles in Ye Olde Curiosity Shop on Colman Dock, Seattle.
The name of the shop is misspelled on the card. Another version of this image is numbered 367 and has the correct spelling:
Otto took several pictures of the West Seattle home of its proprietor, J.E. Standley, so there appears to have been some business relationship between the two.