With the lift control still in the up position, and it drops down when clutch is in (or neutral), that means the hydraulic fluid is leaking, thus allowing the hyd cylinder to leak off & drop. You can remove the right side port (round cover with hyd dip stick in it) and look inside with a good light & often see where the fluid is leaking from. There are 9 potential leak points, some seen easily, some not. You possibly aggravated the problem if you added a low viscosity fluid instead of 90 weight.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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