I believe that it's a 261 block as the casting number indicates, with a 235 head as it's number indicates. According to the 1960 Chevy Truck manual that I have, the LB suffix is a type designation indicating that it is the base engine in C-L-S 60 models. I will check the oil flow divertor ppin to see if it's pushed in for full flow operation. If it's flush, I'll assume that this is a by-pass filter. Thanks for all your help!
~Denny
1953 Chevy 3100 w/1960 261 cid, 848 head | Weber 32/36 progressive 2 barrel carb. | Three on the tree & 3:55 torque tube | 12 V w/Gener-Nator & 6 V starter
In the Gallery Forum1998 Chevy Suburban 350 ci awd/4wd