Floyd,
I just ran your numbers in another prop-power-calculator.
That one indicates 0.14 HP, 1.67 lbs thrust (presumably in-air), and 1.53 lb static thrust.
This calculator runs in MS Excel, and has adjustments for temperature, altitude and barometer, along with a list of modern props and their "prop factors" (?).
Another way to check static thrust is to mount the engine in a model of known weight, turn the model vertical with the engine going, and see if it will lift the model, or you still have to support it. If it lifts the model, tie on some more weight and repeat until thrust just supports the model.
That finds the static thrust directly, for the unusual - and probably not characteristic - attitude the model is in... How well it applies to other conditions is left to find out, but you know what the system is capable of. Model attitude doesn't change the thrust production you can measure...