I get what you are saying. So ..... I've noticed around the left side of petcock there is oil leaking there also but no bad it just builds up around the lever and " black black " just like what's coming out from underneath the pully? This may or may not be it. I also have had some trouble out of my the fuel tank.... Old varnish like stuff built up, it's made mess of the sed bowel and I'm sure the line to and carb ..... I did notice when looking into the reduction housing around the belt pully after removing the clutch that the oil was golden inside seeing that it is (new) but the oil coming out of the hole underneath the pully was jet black lile same as around petcock.
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Today's Featured Article - Seeing an Old Friend - by Joe Evans. Dad had a concrete contracting business starting in 1960. One of his first pieces of equipment was a Ferguson TO-35 with a Davis loader. Dad replaced the TO-35 with a MF 202 Workbull, essentially an industrialized Ferguson 35 I am told. Dad bought the 202 new in 1962, and I recall quite clearly going to the dealer with him to sign for it.
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