[mdskier]

Thanks Cart around! I was gong to throw in the towel and your post made me take another look.

It turns out the compression tester I was using was not seating all the way on the head. A little adjustment and the tester reads 150psi and 120psi. A whole lot better.

Adjusted the valves one more time, but no love.

Decided that even though it appeared that the cart had been run out of fuel, oh so many years ago, that may not be the case. Instead of rebuilding, I bought a new carburetor and the thing runs like a top!

I guess these engines are pretty tough.

Thanks again.