Thanks for the advice everyone, I am going with non-ethanol and proceeding to my next topic of engine noises. -J

I have taken a video of the engine running for the first time on non-ethanol gas athttps://www.youtube.com/watch?v=f7ImCdmCrVQ&feature=em-upload_owner I am a newbie to cars in general and older cars for sure so I would appreciate anyone watching it and giving they're input. I think the noise is the valves (stuck) and am unsure if the other noise is normal or not but I do not want to damage the engine.
If the valves are stuck and if I understand Rusty O/'Toole in my previous Ethanol post (Thanks Rusty) this is a common problem. Going with Rusty's suggestion I think I should put some Marvel Mystery Oil, Redex, Bardhal or your favorite upper cylinder lubricant to the gas and run it daily to see if it helps as the car has been sitting for some time. My questions are how much should I mix with how many gallons non ethanol gas and how long should I let it idle each day as I cannot drive due to rust issues.
Thanks for any help. -Jay

Thanks for the response, as I am unsure what has been rebuilt and what hasn't I think I'll use the higher octane gas that contains no ethanol - I think the octane is 92 or 93 which is my only concern. -J

I can either purchase 87 Octane gas with Ethanol or I can purchase 92/93? Octane without Ethanol. Which would be better or does it matter. The Car has been sitting for years but does run.