It's also possible that Wazoo is right. I've just seen so many cards missing the red that also have glue residue on the back, that I assume the glue removed it.
Another thing that I didn't think of initially is that red backgrounds came out looking differently on Hindus than the other 150 series print runs. A lot of the red background cards like Chance and Elberfeld came out looking orange. So, actually your red was probably pretty faint on the Bates to begin with.
I'm including my Chance Hindu to show what I'm talking about.
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