The item has no copyright markings on it as can be seen in the links above. At bottom left is Made in USA and at bottom right is the logo for the Tooker Company--they printed the poster.
Note that it may still be copyrighted in jurisdictions that do not apply the rule of the shorter term for US works (depending on the date of the author's death), such as Canada (50 p.m.a.), Mainland China (50 p.m.a., not Hong Kong or Macao), Germany (70 p.m.a.), Mexico (100 p.m.a.), Switzerland (70 p.m.a.), and other countries with individual treaties.
{{Information |Description=Poster from the 1932 film ''When a Fellow Needs A Friend''. |Source=[http://www.movieposterdb.com/movie/0023688/When-a-Fellow-Needs-a-Friend.html site] |Date=[http://www.imdb.com/title/tt0023688/?ref_=fn_al_tt_1 1932] |Author...