Even smaller than you know. SO DID MY GRANDFATHER. Same grandfather contributed $25 for my fist full sized bike. With that money my dad bought a used 1954 green Schwinn Traveler 3 speed. In kinda tatty shape. He fixed the front hub, BB, head bearings, adjusted the brakes. (new to him, he'd only had coaster brakes before). Dad fussed over those expensive S-6 tires. That was 1959. Grandpa and Dad are gone. I still have the Schwinn Traveler. Pretty good investment.
Here's mine. It's a 1956 model year, built in late 1955. I bought it 20 years ago; finally gettin round tuit.Missing its original 36 hp motor, I'm going crazy and putting in a 40hp. Maybe I'll be able to break the 50mph barrier? Stock was 48mph. I'm gonna try to put on a covered wagon type canvas for proper bicycle hauling.