HI, thanks Cameron for pointing this thread out to me.
Double Nickle, what you have is an early postwar Dayton frame. they made that frame from somewhere in the mid 1940's until 1947, most of them are 1947's. there is no way to pin down the exact year that I know of. the fork is not original and it has been repainted. the crank is correct, the fender I'm not sure, but it looks like it may be correct. looking at the photo of the rear drop out it looks like the bike was originally Dayton's "Carmine Red". I have always held that any boys 26" frame is worth around $50.00 but recently the Huffman frames have gone a little higher, so you got a good deal. the badge should be worth $25-$45 the crank and sprocket $25-$30. I would expect what you got to go for about $75-$100 plus shipping.
if you have any more questions just ask.