Originally Posted by zukahn1

Based on the pics for a standard Shimano FD You should have about another 2-3mm more play on each way each screw I suspect there just stuck making the upper and lower threads likely not used since the bike came off the shop floor stuck. I would try tacking the DR off and soaking it in solvent like mineral spirits over night then trying the adjustment screws after some WD-40 nearly every vintage Shimanno DR I have seen with a bit of rust has had stuck are partially stuck adjustment screws. Also check to be sure the FD is strait and the right height both look a bit off in the pic.