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#35207
green-thumbs
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    Mark 5 Neutral shift adjustment is covered by Service Maintenance Bulletin #170 issued May 6, 1953
    I do not know if this is the problem with your Mark 5 but
    Mercury believed their Dealers needed specific instructions to get it right
    so may be worthwhile doing anyway.
    If you believe this is worth checking out PM me
    2 pages of instructions and 2 pages of illustration
    so easy email
    Louis