Reminds me of the "Tire Balancing Rings" that were sold by Warshawsky & Co.. & JC Whitney Co. in Chicago. I believe JCW is still in business out in Kankakee, IL. Most of you guys are too young to remember this mega-parts catalog house (JCW was the mail order arm of the Warshawsky retail store located on South State Street in Chicago.
The rings were clear plastic tubing that contained steel ball bearings that were supposed to roll into place and effect a correct balance. They snapped onto the inside flange of the wheel much like a trim ring.
They were basically useless devices designed to separate the purchaser from his money.
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