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J LevineBrian did a very good job, here is a little more complete answer...
The Latham card comes with two different captions on the back. One just has "A. Latham" at the top and the other has "W.A. Latham" on the back.
Now is there a premium to the back variation. There never was before but I am about to create one.
The version with "W.A. Latham" on the back I have only seen with the Sweet Caporal Red Fact. 42 back.
The version with just "A. Latham" on the back comes with Cycle, Drum, Piedmont Fact. 25, Polar Bear, and Sovereign. At least. I think it probably comes with both the Black Sweet Cap backs as well.
As an aside, if anyone has any "W.A." versions with any other back other than Sweet Cap RED, I would love to see a scan. Here of e-mail.
As of this morning, I now have 919 different front/back combos on my matrix for the T205 set and am not even half way complete. I do have some other interesting tidbits about supposed scarcities and some (like the Latham) that might be changed but not really ready to put it down as fact yet.
Joshua