FYI... the boot should not have any razor cuts in it. Some knucklehead probably cut it to get in there to lube. RE: lube... The jackscrew needs a specific grease. Dont spray LP in there. Use Aeroshell #33.
Not sure if your 67 has one, but if not, you should install the access panel so you can get at the jackscrew. The service kit is SK185-27. Of course the easiest way is to take the horiz and vert stab off (very easy) to gain easy access. Pull the boots up and over, clean out the springs and screw, re-lube with the proper grease, then re-glue the boot back to the base.
You can also pull the flap tunnel and clean out the gears and chain. They tend to pick up all sorts of crap over the years.
Of course while you have the stab off, its a good time to put the Kenmore Air GW increase in to strengthen up the horz stab.
