I did some looking with the search function, and found this from Cees Klumper
"The bleed nipple is on top of the steering box, sort of in the middle of it if I remember correctly. A parts book may have a drawing of it. It should be relatively easy to spot. I bled mine a few weeks ago and I believe it was an 11 mm nut. For the venting hose I used a piece of rubber hose that I had left over from replacing my fuel expansion tank lines, so it's "that" diamater (sorry!). If you check my post on the engine rebuild, you will see where I describe what I did, and Joe Alexander I believe commented later that bleeding the system is not really necessary as air will escape by itself.
There is a filter in the oil canister that sits on the left side of the engine, somewhat close to the distributor, with the winged nut. Only, you have to remove the slotted disk that is inside this container to see it. I replaced mine when I bled the system.
Cees Klumper in Amsterdam
'69 white 280 SL automatic"
Also a short thread where the small hose under the reservoir can become kinked and block of flow, try "power steering problems" as the search string, limiting to topics only, you should just get the one hit about the hose.