This honeycomb band hat was made by Beistle from 1948-1952. They issued this with at least two variations, the one shown here and one with a checkered top shown on page 240 with a somewhat different central image. Both have the Bee-Line mark that Beistle used only during this narrow window. Although the art is not as intricate or inspired as their earlier products, few manufacturers withstood the siren call of dumbing down their imagery for the child-focused holiday Halloween was at this time.
Mark B. Ledenbach's vintage Halloween collectibles blog.