Did you replace the pilot bushing?


From Rockauto.com:

DORMAN Part # 690034 More Info {#14651, 6900341} Inside Dia: 0.593"; Outside Dia.: 1.060"; Length: .751"
Only Used For Auto Trans Conversion; Powerglide to Manual Trans; O.D. 1.060"
Only Used For Automatic Transmission Conversion; Powerglide to Manual Transmission; O.D. 1.060"

Tim
1954Advance-Design.com
1954 3106 Carryall Suburban
1954 3104 5-window pickup w/Hydra-Matic
The 216 and early 235 engines are not "splash oilers" -- this is a splash oiler.