If you have lots of gas coming out the overflow tubes, the float valve is stuck or leaking. First thing is to fix that and, while you're at it, make sure the float level is correct. You don't have a prayer of adjusting things right until those two things are OK. The fuel level in the bowls must be correct or you won't get the mixture right.
Second, how long has it been since the carbs were rebuilt? The fact that the float valves are not working implies that it might have been a while. If so, you might have a hard time getting them adjusted. Often as they get older, the throttle shafts wear at the point where they go through the body of the carb, and you get air leakage. Again, it's impossible to adjust them right if this is happening.
Once these are OK, take a look at the Wiki (General Tech Articles section) and there is some info on tuning the carburetors. There is also info in virtually any shop manual. If you don't have one, start with the Haynes manual. It's cheap and readily available.