The tube as you described did not leave the factory in that condition.
I have the one in the attached photos. It has surface rust but no damage to the ends.
If interested send me a PM with your email address.
Harold
Attachments
Steering Column 2.JPG (16.86 KB, 129 downloads)
Steering Column 1.JPG (11.67 KB, 129 downloads)


Harold
Is a restoration ever finished?