I've got a '67 just like it....I got mine with a 6ft Land Pride finish mower...however, it only had 650 original hours on it...an old man bought it new and cut his grass with it about 3 times a year...his sons had to replace the gas tank and carb and the hyd pump (all new) as he had let is sit for over a year between startings...It's a beaut...as far as your 4000 hr unit...if it will start easy, and idle at a very low rpm, I wouldn't worry too much about it... if the compression is good so be it...if the compression is a tad low on or or more cyl you may want to adjust the valves (both intake/exhaust are .013 HOT.....I adjust them at .015 or .016 cold). Downside to this is the fuel tank will have to be taken off...mine were actually a tad loose rather than tight. good luck! Bobinva
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Today's Featured Article - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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