Friday’s ad is for a Russian beer by famed illustrator Ivan Bilibin in 1903. The brewery is New Bavaria of St. Petersburg. Bilibin was most known for his fairy tales and other children’s book illustrations. While I don’t know what any of the text says, the artwork is quite striking and beautiful.
I can’t read it all, but “ПИВО-МЕДОВАРЕННАРО ЗАВОДА НОВАЯ БАВАРІЯ” is “New Bavaria Beer-Mead Factory”, and it was apparently located in Moscow.
I think the language is actually Ukrainian and your translation is close enough… 🙂