This is a Whiting & Davis mesh bag from the 1920's. Mesh bags were hugely popular at that time. You could buy them practically everywhere. Even the Sears catalog had a selection.
Look how small these purses were though! Can you imagine trying to carry your stuff in one these days? My modern purse is at least five times bigger. Of course, young ladies didn't carry as much. Perhaps some calling cards, a hanky, and maybe some lipstick. You didn't have to carry much money. All your regular stores would have your account and you would have everything put to it and pay later.
I think these bags are beautiful and have three of them in a display case where I can enjoy them.