I found a 70's Bridgestone road bike in a dumpster last week, and I'm in the process of fixing it up on the cheap. It's on the small side, but I'm a short guy so that's perfect. The wheels are in rough shape--maybe useable, but only after a lot of rust removal and refurbishment. I happen to have a set of 700c wheels that came stock on my CX bike. At first look those 700's looked larger than the original wheels, but I tried them on anyway. The good news is that the wheels fit in the frame--no tire clearance issues at all. The bad news is that the brake pads don't reach the braking surface.
I'm guessing the original wheels are 26in/650c--not common on road bikes, but perhaps used on this one because it is small. I could pick up a cheap wheelset on ebay, but it would be just that (cheap) and I'm trying to put as little money into this as possible. What would you do? Is there any way to make 700's work?
I included some pics below. Thanks for your help!
The bike: A Kabuki (Bridgestone) Submariner. Stainless steel frame w/ aluminum lugs
View of the brakes - Dia-Compe 812's
Rusty old hubs
700c wheels on the fork, with pads adjusted all the way up. These aren't the wheels I want to put on, I just used them because they already had tires mounted.