[mikethedruid]

You assume wrong. The bass on the 48-482 is actually quite good, especially for a table model. I am quite surprised by hearing your description. Close up pictures would be nice. I must say yours is not the only instance of sloppy assembly found on a Philco receiver. I just found something similar on the 38-10 I restored, the two 100pf condensers that should have been in the 2nd IF can had never been installed ! As for the speaker, the original is not that small, it is a 4" x 6" electrodynamic speaker, which has a response much better than permanent magnet speakers, especially from that period. When you get this radio straightened out, I am sure you will be pleased, I certainly am with mine.