Ron
Update: I used the tractor for about an hour yesterday after I picked it up and got it home.. when I got through I saw the leak.. I could also see where it had leaked on the tractor some.
This morning it didn't appear to have a leak before I fired it up (engine off testing by activating the valve levers).. drove it over to my land about a 1/2 mile from here and moved some dirt around and checked on the well driller (water well being drilled)... total run time today was about an hour and a half (yea, bs with the well driller for awhile)...
On the way to the property I saw one or two drops fall from the valve... I watched it alot and that is all I saw... could have been more, just didn't see them... by the time I got back I tested the valve like I did yesterday and sure enough, things seem to be swelling up... the hydraulic fluid is almost totally stopped from leaking -- I'm going to give it a week or so of operation and "swelling time" to see how it does before making any moves to replace "O" rings... sweet!
BTW this tractor (new to me) is operating really well and everything is in excellent condition for a tractor of that age -- The compression release "rod lock" on the dash is broken (plastic) and that is about the only defect that I have found so far (but the compression release works fine) and I can fabricate a replacement for that setup in the shop from metal so no biggie.
It's a YM3110D with FEL and quick detach bucket and a box gannon that is working really well for me... Picked up the machine for $5500 and I felt pretty good about that - 1100 hours on the clock.