I bought Phil Wood hubs to build replacement stock wheels for my 72 Raleigh Super Course in 1977. OEM Normandy and replacement Campagnolo axles failed under my 140 lb mass, misaligned dropouts?. I also snapped a Raleigh BB axle on my Raleigh Sports around 1974. I weighed 105-125 lbs about that time. Cheap carbon steel with stamped numbers. I would grind up a very steep hill at the end of my paper route and one day the left pedal just let go. Failure was a spiral torsional shear fatigue failure. Brian Blum in Connecticut, back then anyways.
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