Engine Knock Or Tranny?

[510GNUGLY]

I Just Reasently Picked Up A 87 T-type And Its Making A Kind Of Knocking Or Rattling Noise. The Guy I Got The Car From Said It Was The Torque Converter. The Knocking Only Occurs In First Once It Shifts To Second The Knocking Is Gone. I Changed Out The Converter Yesterday And It's Still Knocking. So I Was Woundering If The Sound Could Possibly Be The Tranny? The Transmission Will Not Shift Into Second Unless I Let Of The Gas. I Tried Shifting It Manualy Into Second From First And It's Like There Is No More Second Gear. I Would Greatly Appriciate Any Help You Guys Can Give Me. Thanks

 

[DailyDrifter]

Does it sound like a rod knock? That happened to me twice, it was the pump

 

[Sleeper-6]

Simple test for you. Unbolt the converter and slide it away from the flexplate. Fire it up and listen. If the sound is gone you know it's not the engine.