I bought a 240U last Spring, and my power steering is leaking also. There is a good description of the rebuilding procedure in the I&T Manual. I bought the seals but haven"t taken it apart yet. I had no problem removing the steering linkage U-joints, but you also have to remove the dash to get the power steering out to work on. Here"s a blowup . . . basically there are two seals and an Oring. Got them thru IH
3= #355965 19= #364108 23= #374527
Mine also had a bad miss. A compression check showed zero on one cylinder, and found a few bent pushrods and a frozen exhause valve. Sent the head out. Hope yours is something else.
Good luck. Would appreciate hearing back how the power steering rebuild goes . . . will be my first job in Spring.
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