Magical News was a very short lived magazine by George Johnson in 1924. It only ran for two issues. Edited by Wilfrid Jonson, it was intended to be a fortnightly journal, but only survived for two issues, dated March 15 and March 29.
Alfredson/Daily list these as uncommon indicating that there are possibly less then 75 issues known to exist.
ENGLISH MAGAZINES, OLD AND NEW By GEORGE JOHNSON in Conjuriana Vol. 1 No. 1 (1951)