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Electrify and Saturn:
Look at the stated data. Assume that total voltage should be some what near 240 V, and normally not close to 260 V ( 260 would a very unusual total voltage ).
The measured voltage from neutral to one hot line is 130 V ( line A ), and this line is loaded to about 14 A. The other line ( line B ) is loaded to 5 A. If the connection to neutral was a high resistance, then the voltage across line B to neutral should be higher than A to neutral. Thus, greater than 130 V, and this seems very unlikely. You should have measured the total voltage from A to B as well as what you measured.
With the data you have stated it does not look like a high resistance neutral.
Further you state lights dimming, and that does not correlate with high voltage. There is something wrong in your measurements, or a very wrong system.
At your main panel connect two 120 V 15 W bulbs. One on each side of neutral. Report what you see, and also redo your voltage measurements. Something is screwy in what you reported so far.
Also figure out a clearer way to describe your results.
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