Denny, I am assuming #303 is a type of Universal Tractor Fluid or UTF? The system operating better when it warms up is a clue that the hydraulic fluid is too thick. UTF is too thick for this type hydraulic system. You need some simple AW-32 hydraulic fluid for this system to operate at it's best.
IF you look closely at the back of the lift box, at the toplink structure which is bolted to the back of the lift box, you may see something unusual if you look closely in the lower left corner. Disguised like one of the toplink plate mounting bolts is the hydraulic reservoir drain. It may even have a dab of red paint on it, which they do on many of the drains and fills to help you identify them from the factory... Inthe case of the hydraulic sump it helps to have the tractor parked with the front uphill(and wheels blocked) to assist in draining all the fluid out.
Got no help with tightening the leaking plug, other than you can pull off the banjo fitting when you drain the sump to changeout the UTF
DId you go ahead and remove that setscrew and the speed regulating valve completely to examine it? IF not, it is probably hiding one last secret. The pointed tip of the valve is pinned to the end of the threaded shaft with a slot so that tip can move up and down. Installed the tip hangs down at the end of the slot. When you lift the 3PH, fluid flows up against the tip, pushing it out of the way so you can get full flow to lift. When you lower the 3PH, the tip, now down in the way, restricts the exit of the fluid helping to keep a heavy impliment from slamming down. If it is screwed in a little too far, it will allow the impliment to raise, then act like a check valve and keep the impliment from lowering. Since it is now locked with hydraulic pressure, you cannot then unscrew the adjuster. The fix is to back the impliment up onto a hill or jack it up to take the weight off of the lift, and the hydraulic pressure off of the speed reg valve allowing you to unscrew it...
Thanks, Ron. I'll go,ahead and flush the system and get some AW-32 in there.
I did not inspect the valve this time. But with the system drained, I'll go through that as well.
I do,have the front loader, and it's connected to the system by some disconnects. Are you saying to do something with that when bleeding?
Denny