Second state of the immortal first Oz book, with "low wail of..." (p.14, line 1); the word "pieces" spelled correctly (p.81, 4th line from bottom); p.[227] begins with the words "While the woodman..."; imperfect type on last line of pp.100 & 186; verso of title page with printed copyright notice; and the advertisement facing the title-page is not in a box. The color plate facing p.34 does not have 2 dark-blue blots on the moon; and the plate facing p.92 without red shading on the horizon. Apparently state "C" of the spine imprint with publisher's name in serifed type, stamped in red, the `C' of "Co." encircling the `o', but it is a little too worn and soiled to tell for sure. With old ink presentation inscription on front free endpaper, "A Merry Xmas to Doris from Howard."