OK, so you have power steering, W/P and the GEN Remove the power steering belt to rule "out or in it's the culprit. Unless, of course, you can pin it down to it.
A number of years ago, I was leaving a car show when I heard a screaming noise and a "smell" coming from the engine compartment. Pulled over, (engine idling) popped the hood and saw the belt rotating "around" the power steering pulley. I cut the belt to get home. Afterwhich, further investigation revealed the roller bearings in the Eaton pump had seized.
Severna Park, MD
1964 1/2 Poppy Red Cvt Resto-Mod
333 cu.in, dual Webers, CI cam, TW heads,TRI-Ys, 3.55 rear, T5z, TCP susp., real leather seating