Possible blown head gasket or worse
Thanks for all the input fellas. I'm taking everything into consideration! I believe it's a 73 so your right. Should have no washers.
It hasn't sat for too long I don't think. But I won't be surprised if there is something up with the valves.
I might just take things apart and I spect them all.
Sometimes you kinda have to take things apart inspect and test them and then put it all back together the right way.