Bernica -- I'm posting this for
historical purposes only because I know you like this stuff.
Here are the specs from my 1964 Ford Service Manual. Note that he would
barely pass under these original specs. I also have the Owner's Manual that says
"disregard the red oil light if it flickers at stop lights" -- which meant you were dancing around 6psi (and I have posted a pic of that on this forum before). All of this is just for reading pleasure, the OP should not rely on it. We really need more facts....