I had a local farmer ask me about a coolant/head gasket leak about 5 years ago. It was so bad it would blow water nearly 2 feet out of the radiator when you ran it with the cap off. I told him it was pretty much a hopeless case short of a head gasket. He wound up getting some kind of stuff in a clear bottle that had a "liquid glass" formual and was compatible with the antifreeze. A week or so later I saw the tractor again and the leak had completely stopped. I know for a fact it ran until he passed away about 6 months ago without any further problems.
I can't remember what the name of that stuff was, but more recently I have heard really good things about Blue Devil brand. I know the company my Dad is now working for used it on an engine they had and the leak stopped. Before buying it Dad had talked to quite a few others, and they had all had good experiences with it, otherwise he wouldn't have tried it.
As others have said though it is an older machine, and glycol can damage the bearings, so your taking a chance with anything but an engine rebuild and repairing the problem correctly. I've seen this kind of thing bite people in the butt on more than one occasion.....at the same time I've also seen machines still running years after they should have been dead, all because someone patched them up and 'ran on'.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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