That O might be a 0 and would be part of the unit number (sequence number).

http://chevy.oldcarmanualproject.com/models/engine.htm#55eng

F55Z - second series 1955, standard 235 engine

3836233 = 1955 block casting code

IIUC = If I Understand Correctly

Hope that Pre '68 Dave will post information about rocker arm assemblies (over the years there were differences in the oil-feed path, and maybe in the rocker arms?).