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IIRC, Eric has indicated in the past that there is a modern Ford or Chevy 5 speed over drive manual trans that bolts up to the streight 8 bell housing.
NO, a Ford T10 bolts up to the V8 bellhousing. The only way I got a 5 speed to bolt up to a straight eight bellhousing was to do a lot of modification, and it still wasn't right.
A bellhousing from a manual trans is different from an automatic trans, see my Packard manual bellhousing thread for the differences between V8 and straight eight manual bellhousings. I would imagine that an Ultramatic bellhousing will fit the engine in your car, but you'd still have no overdrive.
Personally, I'd try and find an R9 or R11 '50 and back overdrive trans to put in your car. That's what I'm doing in mine. Simple, easy, and no mess!
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