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Mystery part

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Sven

Cruisin' on my Bluebird
While dismantling a 1963, American schwinn frame.. I came across this configuration
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It appears that its a pressed frame race, a bearing and a bearing cup. My question is what does this belong to, obviously ....not a Schwinn middleweight . Thanks for looking.
2018-04-26_10.32.25.jpg
 
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I thought there would be a bearing cup on bottom and the top, not a pressed in race, But what do I know....Learn something everyday
 
I've seen this setup on a few Schwinns. Can't remember what years / models though.
 
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