Re: running hot
Pull the stat and make sure its installed correctly, re time to 12 degrees before top dead center with the vacuum line unhooked from the distributor and plugged it so no vacuum leak to the carb.
There is a weep hole on the water pump but a noise could be a bad bearing. or bearing on the alt?
Per CDowns suggestion, don't pop the rad cap to check the temp unless you want to take a scalding hot shower in coolant, an option would be to open the radiator petcock and drain some into a container.
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