Three 4 articles blended answer your question.
1. Horsing Around with the Mustang Six - Classic Inlines
http://www.classicinlines.com/HA1.asp
2. Jan 1970 Hot Rods PDF.
http://wildaboutcarsonline.com/members/ ... Up_1-3.pdf
3. The 1970 Hot Rod Yearbook artical above posted by unklechop
4. The board member
Invectivus 1989 reposts of Jay Storers articals
HRM's mustang magazine number 3
http://www.invectivus.com/hrm_mustang3/Cover.jpg
http://www.invectivus.com/hrm_mustang3/Page 90 copy.jpg
http://www.invectivus.com/hrm_mustang3/Page 91 copy.jpg
http://www.invectivus.com/hrm_mustang3/Page 92 copy.jpg
http://www.invectivus.com/hrm_mustang3/Page 93 copy.jpg
http://www.invectivus.com/hrm_mustang3/Page 94 copy.jpg
Ak used a stock aftermarket Hydraulic cam no smaller than 260 degrees as per his 1967 Hot Rod article on Classic Inlines, and
no bigger than 290 degrees, with no less than 430 thou and
no more than 470 thou lift at the valve, 48 to 70 degrees overlap and used 9.7:1 compression with a 170 head with its stock 51.5 cc.
This was more than Ed Iskys 260° duration, .408 lift, 42° overlap, in-take opens 21° BTDC, intake opens 21° ATDC, exhaust opens 59° BBDC, exhaust closes 21° ATDC cam listed in that 1967 artical.
On the 250, its stock 59.4 cc chamber could take Jahns pop tops on that bigger cam without interferance. That's about 9.5:1, seeing as the 250 has the 103 thou or more short fall.
The 2 door 250 would have weighed in at 2600 pounds with its TopLoader and heavier six, and to pass 15's, it would need a Faron Rhoads style cam.
The articles offer two carb choices, the intial ones those tiny little C2DZ 9510-A, waht I think was an 1909 which were actually 170 Falcon outers with 1" holes under them on the log, and the approx 193 to 200 cfm Carter YFA DOZZ 9510-F (They state 156cfm for the 200 and 146cfm for the 170 with there YFA's for that year)
The other 200 tripower was listed with the D0TF 9510-G or F Autolite 1101 in the middle. Similar result from the 210 CFM carb.
From other sources, the small early Holleys that were on the small sixes kinda sucked. 130, 150 or 170cfm for the 1904,
135 or 150cfm for the 1908,
125 or150cfm for the other 1909's, with one kind of 1962 Holley 1909 rated at 170 CFM and I think that was C2DZ 9510-4 .
FalconSedanDelivery (Faron) got 14.39's with that set up, and his cam duration was about that, and his lift figures on his Crane Solid Cam were 460 thou inlet and 480 thou exhaust.
FalconSedanDelivery":2j0bwv5d said:
.......250 .040, 1100 center, Little Holleys on ends , Crane Solid Cam .460int, .480exh Duraspark ign with GM 4 pin Module , 12-1 compression ( head was milled .120 , Deck .100 , Clifford Headers twin outlet ( open exh Drag car only ) car is a 1965 Mustang 3.50 gears C-4 with 10 inch converter ,( out of my 68 Blown 390 car ) 26.5 Slicks , Moroso Electric Water pump drive , adjustable Rockers , port divider in head , shift at 5000 , 4300 thru the traps.....
The he got a 14.39 sec for the 1/4 mile...