Walter:
I just checked with a local Speedo shop and he confirmed that I need to reduce the number of teeth.....however he did say that at 50 mph each tooth is worth 5% = 2 1/2 mph. I checked the parts book and it does show that an 18 tooth gear was made, but the lowest one being made today is 19, so looks like it will be the 19 tooth gear. I feel the reason for the change in the reading is the tires...went to radials....so they are not the same radius. Had to do this same thing on my wife’s 70 Cougar XR-7 when we restored it and change the tires and rims. Thank you