i have no idea how similar the auto is thats in my 63 440H, but it does the 1-2 at about 15, and the 2-3 at about 30. it wasnt staying in 2nd gear hardly any at all, so i got my kick down linkage adjusted, now it does alot better. ineed to flush the trans also.
by the way, have you tried that? flush trans, AND torque converter. well, mine has a plug on it to drain/fill. (or maybe that was the frod i had, but i think its the 440H) while you got that off, check your bands and all. i think those also have a vacume modulator. make sure the vacume lines are good and hooked up to the carb/intake in the correct place. 50mph seems a little too high tobe hittin 3rd FINALLY. dave stohler
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