Track73
That's how I remember it from my days at Goodyear back in the 60s. Tires going for OEM got a wax dot at the light spot. Was supposed to mount at the valve so less weight would be needed. Dealers didn't want to sell a car with a lot of weight showing. If I walk through a parking lot now, I see a lot of replacement tires with the dot put at random. I guess anyone can mount tires these days.
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