rdixiemiller said:
Pull the alternator belt off. Fill the rad. all the way to the top of the filler neck (engine cold). Leave the rad. cap off. Start the engine and watch the water in the rad. If you see bubbles, or water starts pushing out in the first minute or so, you have a compression leak into the water jacket. .
I tried this today, except that I didn't fill it completely to the top. I left it where it was, a little above the yellow full sticker. It ran for about 5 minutes before it started getting hot. There were a few air bubbles at this time when it was getting hot. Also at this time the water level rose to the top, so the thermostat had opened. I think that's where the air bubbles came from, too. There were no air bubbles or high water level just after the engine started. It took about 5 minutes.
The top of the radiator kept getting hotter, but the water level never went down or changed any. When I shut the engine off, I felt of the lower radiator hose, and it was very cold - not even warm at all. The bottom of the radiator was also very cold with no sign of any warmth.
So I'm thinking it might be the radiator. It may be stopped up. The one thing that we forgot to do the other night when we were rushing to get it running was to flush the radiator. A number of the fins were damaged by the fan years ago (before we got it), but there are no leaks anywhere.
I know where an M49 is that has a good radiator that I can get. Does that sound like the problem?