I have a (I think) 1955 Wanderer for sale for $150. The interesting thing about this frame is the stays and fork blades have an embossed/stamped/pressed cross section...something akin to a top hat. Quite lovely in person, and nice pinstriping, too. Takes some imagination to visualize, but look at the pics in this Flickr "set" and maybe they will clarify. I can send particulars of the bike to anyone interested. The folks at CycleArt suggested I post it here...
1955 Wanderer<http://www.flickr.com/photos/44088776@N03/sets/72157622684814194/>
Karl Swanson
Santa Barbara, CA