Trying to read a motor plate on an older GE 5k49- motor

For $5 or so, you could just replace your old bearings with sealed units (check e-bay with your old bearing numbers, with a 2RS suffix), and no oiling worries, and maintain the old school look. As Jim explained above, the 1.6/1.4 is the amp draw at 208/220V, higher V = less amperage draw. Mike

That motor has bronze sleeve bearings.
 
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