Normally I would say this is the typical stuck in two gears at once problem. However, 1st and Reverse are on the same slider gear.
You can't be in 1st AND Reverse at the same time unless something is really really wrong in the transmission.
Are you SURE that it's 1st gear you're shifting into? Could it be 3rd?
I guess it wouldn't hurt to try the stuck-in-two-gears-at-once cure. You need to remove the shift lever, and look down in the hole. There's three shift rails in there. Use a big screwdriver to pry all three back to center.
The ball on the end of the shift lever is worn after 60 years of use. You can build it back up with weld and grind it down to fit.
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Today's Featured Article - What Oil Should I Use? - by Francis Robinson. I keep seein this question pop up over and over again in discussion groups all over the web. As with many things there are often several right answers and a few wrong ones. Some purist I'm sure will disagree to no end with what I will tell you but most of us out here in the real world don't really care do we ? Some of them only bring their noses down out of the air long enough to look down them anyway. If you are like me you are only doing this old tractor stuff because you enjoy it. You
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