After trimming the stud, the cover fit nicely. So I installed the wires, the cover and bolted it closed. I am pleased with the way it looks with the gun metal gray cover and pully....
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I suggest you check the continuity between the red wire for the alternator and the body of the alternator. 914 alternators are notorious for shorting out the stud on the alternator rear cover. The factory used a very short stud and a thin nut to prevent this.
Thanks for the tip Clay. I will do that. I also found that there is supposed to be a gasket between the cover and the alternator body, but of course itis no longer available, so I am going to get some gaske material and make my own, which will give a bit more space, although very minimal, I'm sure.
There is also supposed to be a rubber boot over the stud. But most of them are long gone. And if the stud it too long it will tear the boot and still short out against the cover.
The new harness did come with the rubber boot on it, so some insurance, but that was my concern that over time if the cover was rubbing on it it would wear through.