The New Worlds were meant to be adult bicycles for touring, exercise, and leisure. While the balloon tire models were meant for the youth market, these bicycles were meant for adults who liked to ride and who wanted a solid leisure cycle. They are much heavier than derailleur-type road and racing bikes, but still lighter than the balloon tire cruisers. Schwinn called them "lightweights" because they were lighter than the cruiser offerings.
The New World line was first marketed in the late 1930s and used seamless tubing with fillet brazed joints. They were essentially hand built frames, though not as highly finished as the Superiors or Schwinn Paramount bicycles. By the 1950s, Schwinn converted from fillet brazing their lightweights to Electroforged welding.
These 1940s bikes appear to be predominantly fillet brazed, though I do somewhat wonder about the joints between the chainstays and the bottom bracket (it does look different). However, the other joints tend to show the somewhat irregular character of fillet brazing (the brazing material had to be filed down and smoothed by hand, which is by its nature a somewhat irregular process).
The bikes are black and originally had what appear to be silver box pinstripes. Some of the striping is still there, though it's largely gone. The original black paint, however, is in excellent shape. The frames and forks look to be straight and solid.
The mechanical parts will need to be cleaned up and re-lubed before riding. I plan on building up a couple of saddles for these. Perhaps I will re-use the black and white saddle on the women's frame. I do plan on re-building a 1940s springer Troxel for the men's bike.
The women's I plan on making a customized bike for Casey (Christmas present among others) and the men's I plan on restoring to original condition for myself.
The high flange wheels are particularly interesting and different from the usual coaster brake offerings you see. They will need to be given a fresh coating of grease on the bearings. They do not appear to be oil-fed hubs, but appear to be grease type.
The frames have a bit of surface rust here and there, but should clean up well. The decals are in decent original condition. Both seem to have lost their "Hat in the Ring" decals, but the Schwinn branding decals appear in tact on the frames. The chain guard decals are a bit more beat up.
Ultimately, these are pretty interesting bicycles and examples of early Schwinn lightweights that retain some of the more traditional American elements and mechanicals. They should prove interesting. Below is the New World logo and an old Schwinn advertisement.