Well, it shouldn't be a problem to mount a down pipe.
The only thing I can think of is with an exhaust such a the Over Alu Racing Down Round - Old type (as seen on my EX brown dax) because this has a bent under the engine.
If your bike came originally with the Belgian fenders, it is probably a Jap import bike.
If you have the original fork, this should be the detachable version (with the handle on top -> rare and expensive!) and without mountings for German mudguards on the legs.
Also, the seat is different (somewhat like the CT) and the headlight is smaller. (Like the UK versions)
Based on your frame number, it could either be a ST50z or ST70z, indeed built in 1969 (first version, woohoo!!!)
model frame number range built date
ST50Z ST50-100001 - 145513 '69
ST70Z ST70-100001 - 137313 '69
ST50Z / ST70Z, chaly exhaust, german fenders, HONDA letters on frame
