Water in oil?

I have a 1981 Toyota P/U with a 22r. The truck is totally stock,
nothing other than what came with the truck from Japan. I am very
habitaul about checking my vital fuilds. In the process of dayily
driving I have noticed a light colored foam or froth on my oil
dipstick, about four inches above the full line. It feels and smells
like oil. The oil on the bottom part of the dipstick looks
normal(clear, fresh smell). Could this foam be a little water in my
oil?
I have been losing coolant from hoses here and there. I have tried
all most everything(execpt pay a pro) to seal this leak up. About four
months ago I changed the water pump and termostat. The old pump had
failed. Where could oil be leaking into the motor oil? Is there
anyone who has dealt with this lately? 22R veterans?

.

Relevant Pages

  • Re: OT: My first truck 1956 Ford F100 in 1983
    ... remember using a timing light to set the timing on engines of the late ... When I had run the mixture of oil and kerosene through her ... Applied Physics FSU had ever given, my prof was funded by DOE and was ... obsession with my old truck. ...
    (rec.boats)
  • Ford 300 I-6 still having oil/rod issues
    ... do 300ci sixes ever have issues with cracked or loose oil ... mechanical oil pressure gauge to verify this but here's the Cliff's notes: ... Bought truck from coworker. ... I came home and found that a gauge cluster I'd ordered had ...
    (rec.autos.tech)
  • Re: Ford 300 I-6 still having oil/rod issues
    ... do 300ci sixes ever have issues with cracked or loose oil ... mechanical oil pressure gauge to verify this but here's the Cliff's notes: ... Bought truck from coworker. ... I came home and found that a gauge cluster I'd ordered had ...
    (rec.autos.tech)
  • Re: "Hummer H3 sales continue unabated"
    ... 150w gear oil in the diffs. ... As fars as bias ply tires, I still use them today in a 10 ply ... it became obvious that it would not climb out of ditch that way. ... I hitched on to front of truck in ditch on a short pull at a angle to ...
    (rec.autos.4x4)
  • Re: Biodiesel: The Way to Go!
    ... > supply and possibly reduce the price, while the price of fossil fuels ... > If we did find another major oil field on the scale of the Arabian ... Willy is Willy Nelson the singer who has a truck stop and sells ... You can check out the Scientific books and you can ask the oil companies. ...
    (misc.transport.trucking)