I can get near 50 highway, low to mid 40s around town with my '78 carb set, a few MPG better with my '76-'77 set. The '76-'77 set runs smaller mains which I think accounts for the better MPG. This set should give about the best mileage for the 38s.
If you haven't done so, check the condition of the needle jet o-rings and the needle jets themselves. Worn needle jets will just kill your MPG. They control the midrange and that's where you do most of your running. The needle jet should be a snug slip-fit into the carb body. If it's loose and wiggles in the hole, the o-ring is bad. That can allow fuel up past the sides of the jet instead of just through it. Also inspect the inside, the hole through the center that the needle sticks down through. That's the actual metering orifice and while quite large compared to the hole in a pilot or main, it can get worn from the needle rubbing or from gas residue eating away at the brass. If your carbs were badly gummed up at one time and sat that way for a long time, erosion of the jet is very possible. Examine it closely for a textured or sandpaper-like appearance. That's a sign it's been eaten away.
If you haven't done so, check the condition of the needle jet o-rings and the needle jets themselves. Worn needle jets will just kill your MPG. They control the midrange and that's where you do most of your running. The needle jet should be a snug slip-fit into the carb body. If it's loose and wiggles in the hole, the o-ring is bad. That can allow fuel up past the sides of the jet instead of just through it. Also inspect the inside, the hole through the center that the needle sticks down through. That's the actual metering orifice and while quite large compared to the hole in a pilot or main, it can get worn from the needle rubbing or from gas residue eating away at the brass. If your carbs were badly gummed up at one time and sat that way for a long time, erosion of the jet is very possible. Examine it closely for a textured or sandpaper-like appearance. That's a sign it's been eaten away.