I don"t know with what size tires/wheels that 7.7 MPH rating was for but it must have been with the 40" steel wheels. I have a "39 with cast wheels and 36" tires (factory fast fourth gear)and it is MUCH faster than 8 MPH at wide open throttle. I have never clocked it but I would guess 12-15 MPH at least. It can also depend on what size 36" tires are on it. IIRC mine has 10-36 (12.4-36) which would be a lot taller than than an 8-36 or a 9-36.
I know that 2 gears changed position with the fast fourth, but I can"t remember which two at the moment.
The right hand brake was an optional attachment from IH, but there may have been aftermarket ones available too.
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