This second volume in a collection of various stories is called Weird Tales #2 and was edited by Lin Carter. It’s a revival of the classic fantasy and horror magazine Weird Tales. It is also numbered vol. 48, no. 2 (Spring 1981) in continuation of the numbering of the original magazine. The anthology was first published in paperback by American publisher Zebra Books in December 1980 along with the first volume in this series.
It contains the poem THE SONG OF THE GALLOWS TREE by Robert E. Howard.