Sounds like the old BD 264 engines in the IH trucks. They would cup the valve so much you could put a teaspoon of water in the top side of the valve head. Once this started after few thousand miles, readjust the valves and run good for a few days and then same thing. IH fought that problem for years. It basically was caused by over loading, lugging the engine. We even put a plate in the manifold blocking off the heat to the intake and that helped until it burned a hole in the plate. Got the guys to buy a 304 V8 and problem over. You will no doubt need new over size seat, new valve and guide. If stellite valve is available I would go with that.
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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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