Mike,
My guess Is that the clearance when new was probably between .005 and .010. Because the upper half of the spring seat carries the weight of the back end of the truck, the bulk of the wear in the spring seats is in the upper half and on the top of the axle housing. On one of the 1940 pickups I had, due apparently from never being greased, the upper spring seat had sawed its way almost through the upper half of the axle housing.
The shop manual indicates that in repairing a worn spring seat, file the mating surfaces of the two spring seat halves until you have a close slip fit when the spring seat is assembled on the axle. In your case, it appears that would take a huge amount of filing. Probably better to have a machine shop mill the required amount off. The problem you'll most likely have is that both the axle housing and the spring seat bore are no longer round. In fact, they're probably tapered as well as oblong, so figuring out how much to machine off can be a challenge. Because almost all the wear occurs on the upper half of the spring seat, by milling most of the required amount off the upper half, you will bring the bore of the spring seat assembly back closer to round. It would probably be a good idea to leave the bore a little tight, then reassemble the spring seat halves with a few thin shims between the halves to allow for adjustment for future wear, much the way main and rod bearings are adjusted. Assuming you have the front end of the drive shaft down, after assembling the rear spring seats to the axle housing and tightening the leaf spring U-bolts, make sure that the rear axle rotates freely within spring seats, or with only a slight drag.
A note on greasing the spring seat bearings. Place a jack directly under the middle of the leaf spring and jack the truck up till the tire leaves the ground. This will open the clearance between the upper spring seat and the top of the axle housing where the grease is needed. Inject grease till you see it come out the sides of the spring seat. Then set the truck down and remove the jack. This will shift the clearance to the lower half of the spring seat. Inject some more grease into the spring seat.
For the beginner, if you're working on your rear leaf springs, shackles or spring seats, and you have not disassembled the front U-joint and lowered the torque tube, be careful on how low you lower the rear axle. With the front U-joint and ball housing made up, there is a limited amount of up and down movement of the torque tube. Depending on how high you have lifted and supported the rear frame, and if you have the rear wheels removed, it's possible to lower the rear axle low enough so that the front of the torque tube fetches up on the bottom of the ball housing, causing it to bear the full weight of the rear axle, multiplied by the leverage of the torque tube length. I once looked at a 39 1/2 ton for sale and noticed that someone had installed a lowering kit on the rear end. I also noted a big chunk of transmission case broken off at the bottom of the ball housing. The seller didn't say what happened to the transmission case, but I had a pretty good idea.
Mark