McDoodler" stencil, a "McWrist" wallet, an ID bracelet, a puzzle lock, a spinning top or a McDonaldland-character eraser.
The first happy meal included these toys and came in a circus themed box. Pictured above is the McWrist Wallets. You could store something inside the watch part with the compartment inside.
Could not find a photo of the McDoodler stencil, ID bracelet, Spinning top,
Here is what the puzzle locks looked like:
Not 100% but we think these are the Character erasers: