340 runninng lean and overheating

On the coolant.... if there is no overflow container, then you cannot fill the radiator higher than about 30-35 mm below the radiator cap. If you do then the hot coolant will push out and onto the ground to create such an air gap at the top of the radiator.

That year of car looks like it should have an overflow tank but I do not know if it is there.

Don't know if your car came with a reservoir tank or not. Under your radiator cap there will be a rubber hose. It will go down the side of the radiator or it will go into a white/clear plastic tank. If it goes into a tank, the cap is special, and the radiator gets filled fully. If you don't have a tank, leave an inch of air space above the coolant. There was a flat plate under the rad. cap that showed the cold coolant level.

When changing coolant, fill the coolant leaving a 1'' space, run the engine till the thermostat opens. The coolant level will suddenly drop. Add coolant as above.

Thank you both, good tips :)
Will air out the radiator and the servo later today.
As for why my car does not have a overflow container, which it dosen`t, I believe the car originally had a slant 6 and has been later converted to a 340. Not 100% sure of this but it seems likely right?