1 under the A is the axel ratio, if there were an 8 under the X it would be a sure-grip. The coding is similar to the later, but only uses one digit of the code. For example Fender tag code F7 is code 36(7) formula-s. The lines are also similar to the later as to what goes under what letter.
I use a lot of sources. parts, service manuals, but a good one with factory information is Barry's
http://www.hamtramck-historical.com/library.shtml