kegmcnabb wrote:Both valves protrude ever so slightly out the back of the valve casing...a tiny fraction of an inch.
Assuming that you are saying that the rear bearing plate sticks out past the rotor housing....
I really think you should take your horn to a qualified technician. Secondly, most rotary horns I've seen are not balanced well enough to stand them on the bell to perform work. Any time I put a tuba on the bench on the bell, I also tie the bottom bow to a hook in the ceiling.
I know there is some risk here since you don't have any experience with rotor maintenance, but here goes:
If the rotor has axial play (front to rear), the rear bearing plates might not be firmly seated in the rotor housing. Push and pull on the stop arm with your fingers. If the rotor moves much more that just a couple of thousanths of an inch, the bearing caps are probably not seated. This is pretty common when someone puts a rotor back together without knowing what they are doing. With the back cap screwed on, use a light rawhide or plastic mallet to tap the center of the rotor cap. If the cap can then be screwed on a little futher, and the rotor does not get tight... then the bearing plate was probably not firmly in place. Keep tapping and screwing the cap on until the cap bottoms out on the casing. If the rotor still turns free, you've done a good job. If the rotor gets tight, loosen the cap a bit and tap the top of the stop arm. The rotor should loosen up again.
As one poster already mentioned, there is a chance the problem is the result of parts being swapped into the horn without properly making the required adjustments. If there is no end play in the rotors, and they are working OK, ... then you should just leave them alone. Remember that my first comment was to take the horn to a qualified technician.