Hoser, I do not think that motor has a thermostat. It will therefore run dead cold at idle and warm as the speed increases. What that means is that your temp gauge will likely show no reading most/all the time, and then an overheat, if the motor overheats.
A water pressure gauge is a better indicator of cooling.
To answer your Q... someplace high up on the cylinder head water jacket would be best, as #1 cylinder is most likely to overheat first.