stock alternator burns brushes

does your regulator have a good ground path (its the case mount to the fender) I would sand contact point and use star washers between regulator and fender. Are you using a squareback or round altrernator? squares usually use electronic regulators, rounds were mechanical. I think last 1 year the round had the dual field of the squareback.
squareback and ran wires directly from VR body to batt ground(-)and also @ alt. , with no change.