699728 fuel solenoid. 699814 carb kit. These are the part numbers that you should have gotten for rebuilding the carb. I don't think you are getting too much fuel, but you are not getting enough fuel. The round pieces of foam go around the throttle and choke shafts, to keep dirt from entering between the shaft and carb body. When you check the carb, check to see if the fuel solenoid is working properly, drawing the plunger in all the way. To do this apply 12V to the two connections and the plunger should pull back. I'm also including a different manual, sorry I gave you the wrong one, this may contain your carb.