Some times the speedo head will be stiff enough so that it winds up the cable like a torsional spring, then releases. This causes the speedometer to bounce or hunt and seek. Pull the head out of the dash, the input should turn easily with the tips of your fingers, if it doesn't, it is too tight. The tightness is usually caused by dry grease and swelling of the speedometer housing. The grease that the factory put in there 90 years has turned to rock.