a grade 8 bolt is stonger because it its harder on the
Brinell Hardness scale,t herefor making it more of a crystaline stucture which is stronger in every way, except for shear loads. a grade five bolt being softer is more mallable and will strech when a side load is applied. a grade 8 will shear. thats some thing to keep in mind, it depends on application as to whether a grade 5 or 8 is better for the application. a grade 8 will shear before a 5 will. a 5 will pull apart before a grade 8 will. grade eight's strength is for clamping force, if the bolt will ever see a side load on it, a grade 5 is better. flame away , but thats how it is. some1 try and disprove me and find some evidence to support my post. not tryin to be a smart ass, but that be the truth. and tow hooks are in a shear load position with the frame, therefor a grade 5 would hold it longer before you reach a failure. any other engineer's on here, any1's dad a engineer? ask or post up
http://www.americanfastener.com/technical/grade_markings_steel.asp
heres you markings but i'll find something else to prove my point
this is a good read too
http://www.americanfastener.com/technical/grade_markings_steel.asp
this too
http://www.zerofast.com/torque.htm