Re: 1968 Morgan 34 Rudder Tube Leaking
You are probably right about your boat "squatting" when under power. I thought this behavior was kind of universal with most displacement hull sailboats.
Read this tutorial about stuffing boxes. The same principles should apply to your rudder shaft log.
Re-Packing A Traditional Stuffing Box Photo Gallery by Compass Marine at pbase.com
From your description of finding no stuffing material it sounds like you just need to find the right size flax/stuffing material for your packing gland (and yes, they do call it that). The link I posted mentions common brands of packing materials you can find online. Knowing the right size material to get is the trick. Got a caliper tool?
"The cure for anything is salt water~ sweat, tears, or the sea." ~Isak Denesen
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