Ok, I'll take a shot at this...

I can only base this on my absolutely minimal experience with an old
Johnson '55. I would pull it apart again and re-check what you did.
Water should be flowing well out of the pee hole. Water coming out
between the motor and the foot should be no big deal, as long as you're
getting good flow at the pee hole. Probably you didn't get a good seal
when you reattached the lower end and water is escaping through that
seal. However, you NEED to find out why oil is mixing with the water
and coming out the pee hole. Did you re-grease the shifter shaft going
to the foot? Also, open the bottom screw in the foot. Oil will flow
slowly out of it if you only take out the bottom screw. Oil coming out
should NOT be milky white but oil colored. i.e. the same color as when
you put it in. If you're seeing steam, I'm guessing that the motor is
heating up to much and there's not enough water flow to cool it down.
This is a problem and leads back to the first step I mentioned...pull
it back apart and re-check what you did.

Hope this helps,
Jim

Snak Head wrote:
If anyone can Help, Please Do.
Got a 25 evinrude , water pump quit. i replaced it, IT being an 85
model, and the Pee Hole,Weep Hole,whatever, is barely dripping
water,BUT, water is Spurtin' Smooth out the Thing between the motor and
the Foot, and from the Pee Hole there is only Drips of Water which looks
like it is mixed with Oil ...
Milky Stuff . With LOTS of Steam.
If y'all need More info, let me know by e-mail .
THANKS in Advance !
Did I mention HELP ...
Kenny