FWIW, this Phillies pennant was likely manufactured by The Reproduction Co. as well, probably around the same time period as the B.B.C. offering, ca. 1910-14.
Here's two more that seem to match your pennant, Mark. All featured rich polychromatic artwork uniquely created for each team. The cub artwork is the mirror image of "Bear with bat," which was copyrighted by Repco in 1910 and featured on other Cubs pennants from that era, as seen in the final picture below.
Are there any other known examples from this "horizontal bat series" out there?
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