The 340 is the illicit love child of a Super C and a 460. It has an engine and front end heavily derived from the Super C, bolted to the rear end of a 460.
Fast hitch (rockshaft) was common, but optional.
Lever on the left side is the TA.
As far as preparing for a first start, you can go as simple as check the oil, add gas, hook up a battery, and press the button.
It wouldn't hurt to roll the engine through an entire revolution or two with a wrench on the front pulley bolt.
Once you do that, hook up a battery, pull the coil wire out of the distributor cap, hold the tip near the engine block, and crank it over a couple times. See if you get a spark. If not you probably need to file and reset the points.
You can pull the carburetor and clean it, or even rebuild it if you so choose.
Check the gas tank for varnish and excessive crud. Use an external gas tank of some sort if it's bad.
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Today's Featured Article - Ford N-Series Transmission/Hydraulic Fluid - The Full Story - by Llamas. The transmission fluid in an “N”:-series tractor lubricates the transmission, differential, rear wheel bearings, PTO and hydraulic pump drive, and it also cats as the working fluid for the hydraulic lift. In 9N/2N models, it also lubricates the steering sector and shaft system. The owner’s manual for the 9N and 2N models specified the use of only two fluids. They were STRAIGHT MINERAL OIL SAE 90 (above freezing) and
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