After WW2, radios had become an inexpensive neccesity . The market was driving lower and lower price points with introduction of the small bakelite and metal cabinet bodied radios.
With this model. GE was hanging on to the notion of a radio as fine furniture. I think the pics illustrate just how finely made the cabinet was. The Ingraham Company was famous for its design and production of very fine small cabinets for antique radios.