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Anyway, relax, it's only a '49-'53 C8BA block, not a wartime CMP or Carrier Flathead! 
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Hi Tony, Yes it is probably a Land Anchor as stated earlier. I do know it has only been fresh water....if you can call the Great Lakes fresh.... My intention is to part it out if the bottom end is crap and add it to my scrap heap or make a statue out of it.
cheers
Mike