[glchen]

Therefore, the above checklist seems to imply there would be at least 3 printings of the set with the first printing being 1925, the second around 1928-29, and the last 1931. The best case for the 2nd printing is the Rogers Hornsby card. Hornsby only played for Boston for one year 1928. From 1929-32, he played for the Chicago Cubs. Therefore, if Hornsby were part of the printing in 1931, he should have been listed as playing for the Chicago Cubs, and not the Boston Braves. However, there is no confirmed card for Hornsby with the Cubs. This could mean, however, (only my theory) that he was replaced with another player in the set, and not part of the 1931 printing. If one argues that there were only two printings 1925 and 1931, then you would have to say that the publisher missed updating the team name for Hornsby and just had a different font for him also.

However, I still like the font theory. Here are the two variations of the Hornsby card that I own. Note that the fonts are different, and the Boston team font does not match the 1931 font that Paul has in this cards.