Re: 1979 Evenrude 115 Outboard
1979 115hp Evinrude...... curious if you're listing the cylinders properly. Standing in back of the engine, the cylinders would be as follows:
2.....1
4.....3
If your numbering is correct, you have 10 psi difference between the top and bottom cylinders on both banks. That would indicate that the top carburetor is running lean which in turn is causing piston, cylinder wall, and/or piston ring damage. If this numbering is correct, It would be a good idea to remove, clean, and rebuild the carburetors (both) if you haven't already done so.
If you numbering is incorrect, that difference being on one bank instead of both would usually indicate a faulty head gasket.
Cylinder head bolt torque would be 18 to 20 foot pounds in the following sequence:
9.....10
5.......6
1.......2
4.......3
8.......7
When checking the spark plugs, if any traces of water appear, I'd suggest you remove the heads, clean all sealing surfaces, and install new head gaskets.