OK... I found out how the valve goes back in...  
John Black replied: "BTW your valve that dropped out is the oil 
pressure relief valve. These are screwed or staked into the hole."
Right John... so what kind of a stake do I use???  Actually, I found 
out what "staked" into the hole means AND found out that the spring 
end of the valve hangs out toward the filter.
I have re-staked it in and all is again well on the mog... off to 
Tahoe this weekend!!!
Thanks John
Steve Gilbert
67 4/4 1600 xflow with staked oil valve
Auburn, CA
 
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