here's how..
I would not try running the truck with the battery cable off to see if its charging--you can blow diodes doing that!...a safer crude test ,lacking a voltmeter, can be done with a screwdriver--hold it near the rear bearing in the altenator--if its charging,it will attract the screwdriver strongly to the case (while engine is running

).....
To test the regulator,unplug it,and either use a jumper tool designed for this purpose,or make your own jumper wire with solderless connectors that fit the harness you unplugged to the regulator...jump the terminals "A+" or "Batt" to the "F" or Field terminal together,(they are marked on the regulator where the harness plugs onto it) and run the motor slowly--if the alternator lamp goes out,or the voltmeter shows an increase in voltage,then the regulator is faulty,not the alternator...
On older Fords like this you can buy a solid state transistorized regulator,or a cheaper mechanical one..I prefer the solid state one,its sealed and cant get corrosion inside,a big feature here in the "salt-east"...

..We put a Delco 10SI alternator on our '70 F350 ramp truck with a 390 in it when the original motorcraft one croaked..didn't take much modification either!.
