Hi Marcus.
That is a very nice Torador. I really like the iron chisel work and engraving. Very tastefully done. as mentioned above, the large cone would have been used to extinguish the match cord while not in use and help keep the cord tip dry during transit. The small horizonal cone would be to store the vent pick that would also be attached with a chain.
It would be interesting to know what the item is that Stu pointed out. Have no idea what it is.
Again, super nice Torador.
Rick