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I have the same exact caddy.. in about the same condition. These are designed to fit tubes that are in boxes, packed in snug. the goal was to have any tube that might be needed on hand to save a trip back to the shop. So it would normally be packed tight to have as big of an inventory as possible. Subbing tubes was the main method of testing, too, quicker to pop a new tube in and see if it improved things than set up a tube tester. I suspect the tube tester was reserved more for customers who needed more convincing a removed tube was "bad"
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