</font><font color="blue" class="small">( OK. I was able to go out to work on the tractor this afternoon. I replaced the radiator cap with a 7 psi cap and did the bubble test on the overflow hose in a pitcher of water. After about 20 seconds of running I started getting bubbles coming out the overflow hose))</font>
TJ, I re-read my post and realized I missed an important point with my suggestion. The radiator should be completely filled with fluid and the engine warmed up to full operating temp before you look for bubbles. On these things, if the radiator wasn't topped up, bubbles while warming up would be normal. If it bubbles after fully warm when you started with a full radiator, that air is comming from somewhere that has enough pressure behind it to force it in there. The rate of bubbles will also most likley vary with engine RPM(more RPM, more bubbles).
Since these tractors don't use a overflow/recovery tank, it is normal to have some air in the top of the radiator. When you run the engine, the fluid absorbs heat and expands. As it expands, the system pressure increases untill the radiator cap pressure is reached. When this happens, the cap opens and vents to the overflow tube to keep the system pressure within limits. If there is air on the top of the radiator, the air gets pushed out fist as pressure builds. Since there is no overflow tank, this air or fluid goes to the ground. When you shut off the engine and it cools, the fluid contracts and places the system under a vacume. There is a small check valve in the radiator cap that in the case of a radiator without a overflow tank, allows air to be sucked back into the system through the overflow pipe. If the system used an overflow tank, as it cooled the system could only draw fluid from the overflow tank and the radiator would always be full.
Since the tractor typecally runs at the same temp every time, this is no big deal as the fluid expands/contracts about the same ammount every time and pushes the air on top out and is full of fluid while operating. It then draws the same ammount of air back in when cooling and the cold fluid level stays relatively constant. This is the state these tractors run in. The radiators have a large area above the cooling passages so they can deal with this expansion/contraction.
Greg, A bubbling overflow tank or symptoms of the radiator venting/boiling over are a classic cracked head/headgasket failure in liquid cooled 2 stroke engines. This also happens in auto's, just not quite as frequently.