I need help diagnosing my problem. My 67 is running rough, and really rich. It smokes most of the time. Usually white to grey in color. If I hold my hand to the exhaust tips they smell like gas. Spark plugs will foul out and turn black and smell like gas. Ignition is fine. Looked for vaccum leaks, changed intake gaskets also. Engine is basically stock, except for Edelbrock 600 cfm. Runs fine under acceleration, only runs rough at idle. When I tried to adjust the mixture screws they had no affect. They actually bottomed out without killing the engine. This is why I tried looking for vaccum leaks, but could not find any. What else could cause this? It ran this way when I bought it, but got worse after the intake and carb swap. I have good compression, but do not know what condition the rest of the internals are in. Could it be valve seals? 

If you have rubber hose, just buy a fuel pressure guage. It is a guage that ranges from 0-15 psi and has two male ends to slip between two hose ends. Just cut your rubber hos somewhere and slip it in. Edelbrocks should 5-5.5 psi.