Well it's time for an update. Not being able to come up with any other answer I did a compression check (got the engine hot, removed the plugs, kept the carb throats clear)and found #1 to be 120 and #2 to be 45. I stopped there and the next step is to buy a new 261 cam and a new set of lifters.
The problem cam came out of a 1954 large COE truck and I was told it was running when removed (that's why I installed it wanting to replicate the early 1950s Corvette engine (235 with 261 cam). Do any of you know what the specifications are to have a local shop re-grind the cam to original specifications for the 261 cam?
All help, comments appreciated,
Ted
