Hey Irwin! Does the crankshaft pulley line up with the alternator? If so, have you tried a short-shaft water pump? Dunno if one is made for a 292, but you could call Patrick's and see.
http://www.patricksantiquecars.com/ BTW, this is Kyle Berry. I haven't been around much lately, but I am back. Are the North Texas Stovebolters still having periodic get-togethers?