Does the loader have a separate hydraulic pump? If so, it looks like the pedestal that the valve is bolted to is the oil reservoir for the system. Unbolt the valve to see if the oil returning to the valve is just dumped straight back into the pedestal through the valve. If so, you'll have to make provision for an oil return if you get a different valve (and I seriously doubt you'll ever find a valve like you've got). Easiest way would be to tap a pipe threaded hole into the square plate you make to cover the hole. BTW, if you have a separate (front) pump, the system is almost certainly open center.
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