hello, i have a 1970 Chrysler 45 HP outboard. Model # 455HA. I just recently purchased the boat and motor. I've taken it out a couple times. Each time i notice white bubbles coming from the exhaust in the water. They rise up and pop and leave a sheen on the water. I know this is unburnt fuel. It is not gear oil. When i adjust the fuel mixture at idle i can lean it out and make it miss and it will puff these white bubbles out the exhaust. When i pull the boat out of the water it will have some white foam coming out of the weep holes. I replaced the crank seal under the timing plate and it seems to run much better but still has the white bubbles and no smoke from the exhaust. Where it is a 2 stroke i would expect some blue smoke from the exhaust. the couple times I've taken it for a ride it seems to have steam coming from the upper exhaust with the exiting water. its not scorching hot coming out and the head/cylinder is not burning hot to the touch. I have 110 psi in each cylinder. Ive rebuilt the carb, Wondering if anyone has any ideas? Ive been researching and trying different things for a couple weeks now and i figured it was time to ask for help. Any help is appreciated and i thank you in advance for it.