"Mark Davis" wrote in message
news:bkBVb.16979

Here's what I have.
360 Chrysler Motor (early 70's) rebuilt in 1993 - FWC.
Owens "Hydrallic Reverse Gear" Transmission.

Inboard????


What I know:
The motor runs good, but does have a vaccuum leak, I am guessing right
now based on some quick digging that it is either the carb plate (nice
wood
version.

The carburerator plate is made of wood???

Here is a trick that I was taught many years ago when looking for vacuum
leaks: Take an oil can and squirt some oil around the seams of any gaskets.
Watch the oil if you can, and pay attention to the tone of the engine. If
the leak is big, you will see (and possibly hear) the oil get sucked in.
The oil will also provide a momentary seal to the leak, which should be
noticable in the tone of the engine.

The down side of this trick is that you end up with oil all over the place,
so be prepared to clean up a mess.


I have just replaced the tranny cooler with a larger unit and changed
it
from the FWC side to before the motor on the raw water side.

I have seen it both ways. There are two advantages of having it on the FWC
side: 1) the tranny cooler doesn't suffer as much corrosion, and 2) the
thermostat on the engine will help regulate a temperature on the
transmission. (It is better to have the oil at a minumum temperature).


The tranny when I put it in reverse is bogging down the engine and
causing it to stall.

Only in reverse gear, or is forward the same?

If it only happens in reverse, then I would say that the reverse gear
assembly has some serious issues. I don't know anything about your
transmission, but in a Velvet Drive transmission there are a lot more parts
moving in reverse than there are going foward. If the bearings on the
countershaft or other parts are bad then you could have a serious problem
fairly soon. Water contamination and bad bearings kind of goes together....



Additionally, we have milky looking fluid again after
just changing it and running it for about 1 hour and sitting for 5 days.

Which order was that in; did it run for an hour, then sit for 5 days, or
vice-versa? Did you check it right after the hour of use?

If the previous cooler had been leaking water into the transmission, then it
is possible that you didn't get all the water out when you changed the oil.
If that was the case, then it should have been apparent after the hour's
use. If the water got into the transmission AFTER the hour run time, and it
hadn't been run again, then I would not expect the oil to be milky, it would
be two layers: oil and water. It is the churning and pumping of oil and
water that creates the milky froth.


Just changed the fluid again cause we found a vent on the tranny that
could
have been taking in water (we have had some pretty heavy rains etc and the
vent was right in line with a leak in the deck).

I find it hard to believe that water could drip off a deck and manage to get
enough to find its way into a vent to cause a problem. On the other hand,
if the water level in the bilge is allowed to come up to the level of the
input shaft it probably would leak a significant amount of water in. It is
common for rotating shafts with oil seals to have a "thread" that is
intended to screw any oil at the seal back into the case. If there was
water on the outside, it will just pump this into the case.

Rod