M.M. Frame / Sport Photos, Glasgow - FRA-060/ZB9-47 Smashers (03)

1950
FRA-060/ZB9-47 "Smashers"
M.M. Frame / Sport Photos, Glasgow
Scotland
96 cards

Following on from Robert Muat's comments regarding card no. 1:
According to a former workmate who knew Jacky Watters, the player on the front of the card is not him, and this player is wearing a Motherwell kit. Jacky died in 2012 aged 92.
I decided to do some research and thanks to the help of some members of Steelmen Online, a messageboard for Motherwell fans, it seems the photo is Watters, not Jacky as indicated on the back of the card, but Willie, who was at Motherwell from 1947 to 1951.
Willie Watters is second from the left in the group of players celebrating their League Cup victory in 1950-51.

1.  Jacky Watters (Celtic)   -   photo is Willie Watters (Motherwell)

M.M. Frame / Sport Photos, Glasgow - FRA-060/ZB9-47 Smashers (02)

1950
FRA-060/ZB9-47 "Smashers"
M.M. Frame / Sport Photos, Glasgow
Scotland
96 cards

In the original list I only included the players name as they appeared on the fronts of the cards. Robert Muat has sent in a list of all the players names as they appear on the backs of the cards. He also included a couple of notes:
Note A: Regarding card no. 1, Jacky Watters (Celtic). According to a former workmate who knew Jacky Watters, the player on the front of the card is not him, and this player is wearing a Motherwell kit. Jacky died in 2012 aged 92.
Note B: The photo of Stanley Matthews was taken during the Great Britain v Rest of Europe match at Hampden Park in 1947 in front of a crowd of 134,000 who paid £31,000. The money went to UEFA who were in need of cash following the war. Highlights of the game can be found on British Pathe's website - Great Britain's easy win over the Rest of Europe.

FRA-060 / ZB9-47 Smashers - "Smashers" 20mm long
FRA-060 / ZB9-47 Smashers - "Smashers" 22mm long - team name in brackets
FRA-060 / ZB9-47 Smashers - "Smashers" 25mm long

FRA-060 / ZB9-47 Smashers (booklet 1)

1.  Jacky Watters (Celtic)   -   photo is Willie Watters (Motherwell)
2.  Willie Miller (Celtic)
3.  Archie Baird (Aberdeen)
4.  Jimmy Mason (Third Lanark)
5.  A. Staroscik (Third Lanark)
6.  Willie Ormond (Hibernian)
7.  John Govan (Hibernian)
8.  Jimmy Whitelaw (Falkirk)
9.  Archie Aikman (Falkirk)
10.  Jerry Dawson (Falkirk)
11.  L. Johnstone (Clyde)   -  card states 'Johnston' on the front
12.  Billy Campbell (Morton)
13.  David Cupples (Morton)
14.  J. Divers (Morton)
15.  Bobby Dougan (Hearts)
16.  Willie Waddell (Rangers)
17.  Willie Woodburn (Rangers)
18.  Sammy Cox (Rangers)
19.  Tommy Walker (Chelsea)
20.  R. Evans (Celtic)
21.  Willie Jack (St. Mirren)
22.  R. Mitchell (Third Lanark)
23.  J. Stephen (Bradford)
24.  Stanley Matthews (Blackpool)   -   card states 'Mathews' on the front
25.  Tommy Lawton (Notts County)
26.  R. Ancell (Dundee)
27.  J. Pattillo (Dundee)   -   amended - typo
28.  J. Farquhar (Queesn Park)
29.  D. Letham (Queens Park)
30.  Ronnie Simpson (Queens Park)
31.  Willie Telfer (St. Mirren)
32.  D. McClure (Hearts)

FRA-060 / ZB9-47 Smashers (booklet 2)

33.  J. Whyte (Falkirk)
34.  W. Redpath (Motherwell)
35.  Jack Husband (Partick Thistle)
36.  John Shaw (Rangers)   -   amended
37.  W. O'Donnell (Partick Thistle)
38.  John Paton (Celtic)
39.  W. Gallacher (Celtic)
40.  Stanley Gullan (Clyde)
41.  Jimmy McGowan (Partick Thistle)
42.  G. Hamilton (Aberdeen)
43.  Thomas Wright (Partick Thistle)
44.  W. Findlay (Rangers)
45.  James Ayton (Third Lanark)
46.  E. Milligan (Clyde)
47.  John Johnston (Motherwell)
48.  Andrew Aitken (Queens Park)
49.  E. Rutherford (Rangers)
50.  Neil Fleck (Falkirk)
51.  James White (Morton)
52.  E. Turnbull (Hibernian)
53.  W. Cooper (Aberdeen)
54.  W. Thornton (Rangers)
55.  A. McCulloch (Third Lanark)
56.  Andrew Paton (Motherwell)
57.  J. Young (Third Lanark)
58.  Colin Liddell (Morton)
59.  G. Bremner (Motherwell)
60.  Billy McPhail (Clyde)
61.  Sam Smith (St. Mirren)
62.  A. Kiddie (Aberdeen)
63.  Gordon Smith (Hibernian)
64.  George Young (Rangers)

FRA-060 / ZB9-47 Smashers (booklet 3)

65.  Stanley Mortensen (Blackpool)
66.  Thomas McKenzie (Hearts)
67.  Ian Black (Southampton)
68.  Billy Williamson (Rangers)
69.  J. Brown (Hearts)
70.  Thomas Bogan (Celtic)
71.  Dr. J. Fitzsimmons (Clyde)
72.  James Cowan (Morton)
73.  Willie Kilmarnock (Motherwell)
74.  John Kelly (Third Lanark)
75.  Frank Swift (Manchester City)
76.  H. Balunas (Third Lanark)
77.  W. Hewitt (Partick Thistle)
78.  David Mathie (Motherwell)
79.  Thomas Sloan (Hearts)
80.  Johnny Aitkenhead (Hibernian)   -   amended 28-01-2021  -  thanks to Iain Murray, Robert Muat
81.  Billy Steel (Derby County)
82.  Bert Kinnell (Partick Thistle)
83.  William Houliston (Queen of the South)
84.  William Liddell (Liverpool)   -   amended - typo
85.  Alfons Lesz (St. Mirren)
86.  Arthur Milne (St. Mirren)
87.  James Inglis (Falkirk)
88.  C. Johnstone (Aberdeen)
89.  Joe McLaughlin (Aberdeen)
90.  Peter Galletly (Clyde)
91.  Pat McKenna (Aberdeen)
92.  Willie Rae (Rangers)
93.  Thomas Deans (Clyde)
94.  Tommy Alexander (Morton)
95.  Robert Hogg (Celtic)
96.  Johnny Hepburn (Morton)

FRA-060 / ZB9-47 Smashers - errors/varieties

8.  Jimmy Whitelaw (Falkirk) - mentions 1948
8.  Jimmy Whitelaw (Falkirk) - doesn't mention 1948

M.M. Frame / Sport Photos, Glasgow - FRA-060/ZB9-47 Smashers

1948
FRA-060/ZB9-47 "Smashers"
M.M. Frame / Sport Photos, Glasgow
Scotland
96 card

These cards were stapled into little booklets, 32 cards in each. I believe it is possible to find all the cards with each of the three different back designs, as shown above. Only the players surnames appear on the fronts of the cards. Some players are missing details about their clubs, these are rare cards that are difficult to track down.
UPDATE (22-06-2015):  Robert Muat has been in touch with some amendments and alterations. All the changes have been noted to make them easy to find.

UPDATE (28-06-2022):  Date amended from 1950 to 1948, see comment below from Davy McB.

FRA-060 / ZB9-47 Smashers - "Smashers" 20mm long
FRA-060 / ZB9-47 Smashers - "Smashers" 22mm long - team name in brackets
FRA-060 / ZB9-47 Smashers - "Smashers" 25mm long

FRA-060 / ZB9-47 Smashers (booklet 1)

1.  Watters (Celtic)   -   amended
2.  Miller (Celtic)
3.  Baird (Aberdeen)
4.  Mason (Third Lanark)
5.  Staroscik (Third Lanark)
6.  Ormond (Hibernian)
7.  Govan (Hibernian)
8.  Whitelaw (Falkirk)
9.  Aikman (Falkirk)
10.  Dawson (Falkirk)
11.  Johnston (Clyde)
12.  Campbell (Morton)
13.  Cupples (Morton)
14.  Divers (Morton)
15.  Dougan (Hearts)
16.  Waddell (Rangers)
17.  Woodburn (Rangers)
18.  Cox (Rangers)
19.  Walker (Chelsea)
20.  Evans (Celtic)
21.  Jack (St. Mirren)
22.  Mitchell (Third Lanark)
23.  Stephen (Bradford)
24.  Mathews (Blackpool)   -   amended (sic)
25.  Lawton (Notts County)
26.  Ancell (Dundee)
27.  Pattillo (Dundee)    -   amended - typo
28.  Farquhar (Queesn Park)
29.  Letham (Queens Park)
30.  Simpson (Queens Park)
31.  Telfer (St. Mirren)
32.  McClure (Hearts)

FRA-060 / ZB9-47 Smashers (booklet 2)

33.  Whyte (Falkirk)
34.  Redpath (Motherwell)
35.  Husband (Partick Thistle)
36.  Shaw (Rangers)   -   altered
37.  O'Donnell (Partick Thistle)
38.  Paton (Celtic)
39.  Gallacher (Celtic)
40.  Gullan (Clyde)
41.  McGowan (Partick Thistle)
42.  Hamilton (Aberdeen)
43.  Wright (Partick Thistle)   -   amended
44.  Findlay (Rangers)
45.  Ayton (Third Lanark)   -   amended
46.  Milligan (Clyde)
47.  Johnston (Motherwell)
48.  Aitken (Queens Park)
49.  Rutherford (Rangers)   -    amended
50.  Fleck (Falkirk)
51.  White (Morton)
52.  Turnbull (Hibernian)
53.  Cooper (Aberdeen)
54.  Thornton (Rangers)
55.  McCulloch (Third Lanark)
56.  Paton (Motherwell)   -   amended
57.  Young (Third Lanark)
58.  Liddell (Morton)
59.  Bremner (Motherwell)
60.  McPhail (Clyde)
61.  Smith (St. Mirren)   -   amended
62.  Kiddie (Aberdeen)
63.  Smith (Hibernian)
64.  Young (Rangers)

FRA-060 / ZB9-47 Smashers (booklet 3)

65.  Mortensen (Blackpool)
66.  McKenzie (Hearts)   -   amended
67.  Black (Southampton)
68.  Williamson (Rangers)   -   amended
69.  Brown (Hearts)   -   amended
70.  Bogan (Celtic)   -   amended
71.  Fitzsimmons (Clyde)   -   amended
72.  Cowan (Morton)
73.  Kilmarnock (Motherwell)   -   amended
74.  Kelly (Third Lanark)   -   amended
75.  Swift (Manchester City)   -   amended
76.  Balunas (Third Lanark)
77.  Hewitt (Partick Thistle)   -   amended
78.  Mathie (Hibernian)   -   amended
79.  Sloan (Hearts)   -   amended
80.  Aitkenhead (Hibernian)   -   amended 28-01-2021  -  thanks to Iain Murray, Robert Muat
81.  Steel (Derby County)   -   amended
82.  Kinnell (Partick Thistle)
83.  Houliston (Queen of the South)
84.  Liddell (Liverpool)
85.  Lesz (St. Mirren)
86.  Milne (St. Mirren)   -   amended
87.  Inglis (Falkirk)
88.  Johnstone (Aberdeen)
89.  McLaughlin (Aberdeen)   -   amended
90.  Galletly (Clyde)   -   amended
91.  McKenna (Aberdeen)   -   amended
92.  Rae (Rangers)   -   amended
93.  Deans (Clyde)   -   amended
94.  Alexander (Morton)   -   amended
95.  Hogg (Celtic)
96.  Hepburn (Morton)

FRA-060 / ZB9-47 Smashers - errors/varieties

8.  Whitelaw (Falkirk) - mentions 1948
8.  Whitelaw (Falkirk) - doesn't mention 1948