If it were bad seals in the cylinders, the loader would fall back down all by itself. Tilting the bucket would not cause the loader to drop.
On a large-frame tractors of that era, the two hydraulic levers shared a common pivot. One lever had a tube, and the other had a rod that ran through the inside of the tube. If a tractor sat around long enough these could get sticky and moving one lever would also cause the other to move with it, activating both remotes. You wouldn't notice it raising the loader, but tilting the bucket would also cause the loader to drop.
I don't know how the valves are arranged on a 544, though.
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that�s wha
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