Thank you for your insights Dan and Greg!
Looking at the rudder it appears there is water inside.
After hauling on Friday and sitting in the sun on a very warm fall Saturday, it looks like the inside of the rudder got warm and the water was pushed out of the top and I saw a little weeping from the front edge. I would add the pictures, but can't seem to attach or paste them.
I think I will drill a hole or two and see what happens.
In the spring, I'll be sure to seal it properly as you guys suggested!
Thanks again.
Peter
(new owner still trying to figure it all out)
NS30C #197 "Bliss"
Huntington NY USA