Many typefaces designed with a pen on paper (especially those from the 20th century) were licensed by different foundries, and were later independently digitized by them. Some special characters such as @ or the euro sign, were independently added later. Those “alternate cuts” are different digital versions of basically the same typeface design. They often vary in character set, letter proportions and kerning. Some are published under different names.
The standard American sanserif of the first two thirds of the twentieth century, prepared for ATF by Morris Fuller Benton in 1908 under the name News Gothic, with a matching lightface known as Lightline Gothic. Linotype’s Trade Gothic follows News Gothic except for its widely-spaced straight-sided boldface based on ATF Alternate Gothic No.3. Linotype matches News Gothic Bold, a boldface version that originated at Intertype, with Trade Gothic Bold No.2. Ludlow Record Gothic follows News Gothic more loosely.