This drawing is unlabeled (unless someone can interpret the title‐‐ FOXES maybe?), but a very similar drawing is labeled The Cognoscente’s Pets. It may have been a study for this drawing, but it suffered some water damage. This version has added elements: the child(?) next to one woman’s skirts and the Japanese lettering.
These elegant Asian-styled characters, the cognoscenti, are featured in about two dozen of Floyd’s drawings. More cognoscenti can be found in this post.
Floyd R. Peterson 
Comments on: "The Cognoscente’s Pets" (2)
Love this, the rain blocked by the umbrella, the colors!
Zachary Harper 231 Ortega Street San Francisco, CA 94122 917.525.0936 http://www.zacharyharper.com
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I like the way he handles rain too. Thanks for posting your website; checking it out!