16 gpm single stage would require like a 20 hp motor fwiw, so I'm guessing it's something smaller.
I think the approx max you can get away with using a 10 hp single phase motor is roughly 8-9 gpm, without checking the calculations.
I believe that's what Larry was running on his press builds, and even though they were only 18 or 20 tons, they moved metal much faster than any press I've seen in the 35 ton range.
A friend of mine has a 150, that's not super fast, it's interesting because it's got all the ass in the world to push, but it has big dies, seems to cool metal fast, and will shear welds if you're not careful. Too much power, not enough speed IMO. When it starts bogging, your billet is ruined.