A. Merritt’s Fantasy Magazine was a very short-lived venture in speculative fiction publishing — the ISFDB discloses only five issues published in 1949 and 1950, but it sure managed to publish some splendid art. This tube-girl cover painting on the October 1950 cover was done by the great Norman Saunders, and an interior illustration to Elinor Cowan Stone’s story “The Devil-Fish” has an illustration by Virgil Finlay.
This issue is available for reading and download at the Internet Archive.
Oh my goodness! Looking like she’s gonna be mixed into the elixir herself!