Other mistake: In the intro to the Pastoral Symphony, the narrator identifies the deity who cloaks the world with Night to be Morpheus, who is the Greek god of sleep and dreams. However, the character in the animation is fairly obviously female, with long hair, eye shadow, and lipstick. My theory is that the character was intended by the art team to be Nyx, the Greek goddess of Night. Night would be a more likely candidate to be making it nighttime across the world, while Morpheus would be more likely to put people to sleep or send them dreams.
Suggested correction: Without further evidence/proof, this theory remains just that. A theory.
Continuity mistake: When Pinocchio is locked up in the cage of Stromboli, Jiminy goes inside the cage lock, and he hangs his coat and hat on the outside of the lock. In the next shot, they have disappeared.