Comment by W.B.lbl:
It appears this incarnation of Varsity used label type from the future Queens Litho (then simply known as Kaltman Press) in Long Island City, NY. (The earlier iteration used Keystone typesetting.)
Comment by DeweyGill SUBS:
It appears Eli Oberstein reactivated Varsity as a discount label in the late 1940’s. Many sides were reissues of Hit and Majestic material. The B side was recorded at the same session that produced “Red Silk Stockings And Green Perfume”, but I cannot find evidence of any previous issue.