Yes, @awhtx is correct. The "L" refers to the change level (revision number) of engine. Knowing the change level is a must if you are only replacing certain parts, particularly valve train parts like valves, rockers, springs, etc. As stated and assuming the engine has the original engine tag, you can find the change level on the engine tag. Otherwise you can identify the change level by examining the parts used when the engine was put together at the factory. That's assuming that someone already didn't tear into the engine resulting in a mish-mash of parts. Bob Mannel's Mustang and Ford Small Block V8 book is indispensable in this respect. Keep in mind, just because you are pulling a 289 out of a 67 doesn't mean that the engine was produced during the 67 model year. Also, make sure you check for the correct push rod length if doing any machining of the heads or block and/or changing any valve train components from stock.
EDIT: @Archer meredith just saw your post. Having the engine tag is a good start. Try to verify that its original to the engine just to make sure.
EDIT: @Archer meredith just saw your post. Having the engine tag is a good start. Try to verify that its original to the engine just to make sure.