Doug,
Thanks for the observations.
I'm not 100% sure what I'm doing here so any comments are much appreciated.
The hose from the valve cover comes down to the bottom of that spice bottle. There is another hose from the cap of the spice bottle that now goes to the air filter. The spice bottle contains a cut up house air filter - I was hoping for a separation of oil/gas in there. It worked very well with the ZS in that it stopped engine oil leaks - with the ZS it was hooked to a tube on the carb body.
The "brass tube" you see is actually the butterfly spindle - so no worries there. Apparently, (I'm asssuming) this carb did, at one time, have a provision for an emission tube but that hole has been plugged off at the factory hence the routing to the air filter - as per your excellent suggestion!
Like I said, the car is running very well now - although lifting the carb piston 1/32" (with the built in pin) does lower the rpm, indicating a lean mixture. I've lowered the jet an additional 6 turns (total of 18 turns down from where the jet is level) but stil the same result.
Obviously, this is somewhat unchartered terriority, (a HS4 on a 1500 engine) so I'm not sure what exactly to go by.
Here's a what a plug looked like after the 9 mile round the block (not cleaned beforehand, by the way) :
Cheers