Maybe I was too hasty in my previous comment. I took a Type 162 Baltimore precancel from my collection and compared it with yours. A side-by-side comparison really shows considerable differences in the height of the letters that makes me think that perhaps you have something different there.

Edit: Now you've really prompted my interest. I found a couple of more Baltimore Coil Precancels that look like a Type 162, but in these side-by-side examples, the left one looks like yours (smaller type squashed together) against the traditional Type 162 (right stamp):

I'd be interested to see if some of our SCF precancel "experts" chime in to provide their comments.