This does appear to be a transitional bike between the New World and 2nd generation Superior. The welded on seat tube clamp and the rear dropouts say early New World, but the fork crown and dropouts, tubing diameter and the assertions of the previous owner say 2nd generation Superior, which was introduced as a down-market model below the Continental in 1949 (and very different from the first generation Superior, Track or Tourist versions). Maybe these were holdover/leftover New World frames re-purposed as a 'new' Superior model in 1949, sorta like the Sport Tourer frames that found new life as the Superior in 1975-76? I see the bike has sold....likely for the Paramount crank, Torrington pedals and the nice deep alloy track bars. Maybe the frame will show up again after it is stripped of these goodies?
View attachment 1140398