110/90 would be an acceptable replacement for the stock 18, it would be a little small for a 17" wheel (110 is the width of the tire in mm's and 90% is the aspect, the % ratio of the sidewall to the width, so a 110/90 tire has a sidewall height of 99mm).
The old inch style tires installed in the 70's were basically 100% aspect, so the 4.00x18 was 4" tall and 4" wide.
The 130/90 is a common size for the 17" rear because you need extra width @ a 90% aspect so the sidewall is higher to make up for the smaller diameter rim. You want the total height of the tire/wheel combo to be about the same as stock so that the rolling diameter is as close to stock as possible.
If you look at the website for manufactures that sell tires in both the stock inch size as well as the metric sizes (the Avon Roadrider for example) they will tell you the diameter of the tire. The Roadrider 130/90-17 has a rolling diameter of 26.4in while the 4.00x18 is also 26.4. So the 130/90 is a good replacement size and should fit between the swingarm. My '76 750F had a 5.00" wide tire fitted to it that cleared just fine. I've not run across 110/90 in a 17" size, but it would be smaller and I wouldn't recommend it anyway.
How wide is your rim?