I also have a Farmall 340, but will relate something on my Allis Chalmers CA. It was struggling under load (propelling me and it up grade on a tractor ride). I checked the flow, knowing old gas in the tank, a little water in the bowl, drained the bowl. Later it popped off a few times in the driveway then gave up. Looked like fuel in the bowl, but upon closer look, it was all water. Try fresh fuel. I peeked in my 340 tank and it has pitted rust, but not junk plugging the tank hole, well, there is the gauge float that obviously is no good. You may have already done so, but check the condition of the plugs. Not all plugs are created equal and fouled can give problems. Others more knowledgeable will chime in w/info also - great site this is. Tell me more 'bout your 340, lot's of 340 enthusiasts here, good luck and post back w/problems or solution you found to help others out.
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Today's Featured Article - Ford Part Number Trivia - by Forum Participants. "Replaced by" means the part was superseded. All of my part books date back to 1964 and New Holland have changed some part numbers. They usually put the old Ford part number on the package. I was suppressed when I looked up the part number of the auxiliary drive shaft because for some reason the part number went through a radical change and it lost its "Basic Part Number". Ford part numbers follow the following rules. Most part numbers are in three parts. The middle part is called the
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