As mentioned, a residual pressure valve and a proportoning valve are totally different. A residual pressure valve (usually 10 lb and 3 lb are availalbe. A 10 pound unit us """usually"" used if you have rear drums and front disc's. Less volume or pressure is needed to activate the front disc's than the rear shoes. In other words, the shoes have to travel farther to engage than the front pad movement to the discs. The 10 pounder is installed as close to the master cylinder as possible and keeps 10 pounds of pressure in the lines to the rear shoes.
A 3 pounder is sometimes used on disc brakes. Again, this keeps 3 pounds of pressure in the lines to the disc brakes.
Since 80% of your braking is done by the front brakes, a proportoning valve is installed, usually between the mastercylinder and the rear brakes. Weight shift is the reason for having this valve because weight is shifted forward during braking thus making the rear of the car lighter and prone to early brake lock up.
This valve limits the amount of pressure applied to the rear brakes otherwise, they will tend to lock up when applying pressure to the brake pedal. By adjusting this valve, you can limit the amount of pressure to the rear pads so they don't lock up before the front brakes lock up.