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H.S.B True Value bicycle

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Rollfast style paint detail!

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HP Snyder, like Colson was a bicycle manufacturer who made bicycles and sold them to distributors or wholesalers.
HSB, like DP Harris was a bicycle distributor or wholesaler, who did not make bicycles, but purchased them directly from the manufacturer. HP Snyder NY acquired a mid-western Excelsior plant to supply various mid-western and western distributors and mail-order catalog companies, such as Sears Chicago, Wards Chicago, and perhaps HSB Chicago. Not sure if a HSB Chicago bicycle, if made in Indiana, would ever be routed through a NY distributor.
 
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