Hello again
Today I took the engine apart and cleaned the gas tank, fuel line and carb. I found a lot of dirt and also a little bit of water. Even in the carbs fuel bowl I found small residues of dirt.
There was an old grey-plastic in the fuel line which i replaced with a new clear plastic one (did note you comment about reducing the fuel flow, ut I think it is better with an inline filter and at the same time take a notice of spark plug electrode color: black/brown/darkgrey = ok). The fuel tank strainer looked fine and was also cleaned throughly in gasoline.
I checked the float height with carb bottom-up. It was very close to level, so I decided not to make any adjustments. I did check that it would open and close the fuel valve when moving down and up.
Also I did remove the "flywheel" and checked the points gap when open. I noticed a small marker at the center axel and adjusted the points gap at the position where the points slider aligns the marker. (I checked with a screwdriver on the piston that this is approx TDC point). I did not have any specs for the gap so I assumed that aro. 0,02" (0,50mm) would do.
Also I checked the spark plug and wire. Wire and cap looked fine and almost new with no corrosion inside. Sparkplug also looked new with no combustion deposits, either on the electrode or inside the spark plug. As I did not have the specs I adjusted the electrode gap to approx 0,0275" (0,7mm) which I guess will do fine.
Did set the carb bowl screw to 1 and a half turn out.
Did also set the other horizontal adjustment screw to 1 and a half tur out (I guess this is the idle speed screw a the other fuel bowl screw is the high speed fuel mixture adjustment?)
Tomorrow I will give it a try and start it in a bowl of water. Adjust and fine tune when hot and cold.
I hope my little old Chrysler will behave and become a great worker getting back and forth when going fishing here at the Danish coasts - see map link
https://www.google.dk/maps/place/93...0xa00afcc1d5177d0!8m2!3d57.208406!4d10.486346
Will get back tomorrow with an update on how it goes
Cheers and thanks for your valuable inputs!
Anders