I have a 1987 parts catalog from MacPherson Chevrolet and a "smallblock V-8 bare block, high tin alloy casting, 4-inch bore, 4-bolt caps, 2.45 inch main journal cranks," had a list price of $631, but available for $536.35. I'd imagine that a replacement MO block back in the 1970s was available from GM for a similar price and if someone damaged their original block, they would probably just replace it as matching numbers back then wasn't an issue.