Originally Posted by Phak1
There is a member on this forum Pre ‘68 Dave, that has a good write-up about the different rocker oil supply systems that Chevy used on the 235/261 engines that may help you figure out your mystery. Here’s a [LINK]

As Phil posted - Dave's write-up is excellent and is very helpful.

Here are additional photos and information regarding 1938-1963 Stovebolt-engines' rocker-arm lubrication.