@Knebel His idle vacuum is low enough and no load cruise is not super either. I believe his power valve is open alot. Which in old Holley terms is raising his effective jets 6-10 sizes when it is open so add that to the 78s in his primaries he is in the neighborhood of mid to high eighties jet size for cruise circuit is way too much, reflected in the afr at cruise. The 4.5" hg power valve means the manifold vacuum has to go below 4.5" hg to have it open up. Keeping it closed will force afr to be on the main circuit only with a little extra from idle circuit till throttle passes 1/3 open. The power pistons work a little different on a Carter/Eddy moving the piston up to use smaller part of metering rod and enriching the afr.
I think if his power valve stays closed his cruise should fall right in at 13-14 :1 where he can enlarge the bleeds to lean it a tick more. Most drastic would be he drops a couple of sizes on primary main jets.
I'm pretty sure he has 4 corner idle circuit on that carb so no need to have the blades open far at all unless adjusted completely wrong. I've seen it done but I don't think he has changed it that much to get it that confused.