BD - That looks like a pressed in compression plug. The bore it's in is smooth, not threaded as these later transmissions used a speedometer driven gear "plug" that was retained by a flat metal tab secured by a bolt directly behind the port opening. See screenshot below for components, not including the speedo drive/driven gears.

Can you post pictures of what you have for your speedo setup?
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~ Dan
1951 Chevy 3 window 3100
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