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Is this a normal range for the motor even with 7 being at 110? Can I assume the rings are good?
General rule of thumb is no more than a 10% variation between highest and lowest cylinder.
I would do a wet test next to check the rings. Add a teaspoon of oil to each cylinder and retest. If the readings jump then you have worn rings. If not then think valve problems.
Having been in the auto repair business and a hobbiest most of my life, that actually is pretty common in older carburated engines. While not ideal numbers, I probably wouldn't freak out and rebuilt it as long as none were under 100. However if it does prove to be a valve with the wet test, it might be a good time to pull the heads and do hard seats.
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