Sorry for getting back late but thought I'd add something for others in the future. On the 420 the rocker shaft (tube) had the holes covered by the rockers. The holes are 180 degrees apart and parallel to the head. The ends of the shaft originally had cork plugs. Mine were deteriorated so I made new ones out of wood (Ash) and pressed them into the shaft ends. The rockers on the 420 are made of folded and pressed metal with inserts for wear on contact ends. The way they're made allows the oil holes to lube the rockers at the shaft as well as oil the ends as the rocker moves back and forth over the holes. I noticed my oil pressure is a lot higher afterwards so the plugs must have really been leaking. The only thing holding them in was the cotter pins. When I pulled those, the corks just fell out.
Added: Oh yeah, and be sure to use he correct stud in the back location. Oil pressure is fed up next to the stud and through the rocker stand to the rocker shaft.