powerglide leaking water
 

hi need some help my 2 speed powerglide has just started leaking water from the little hole in the bell housing and looks like a bit from the back what has faild to have this start

thanks any help would be great

is it water or trans fluid? if the water was mixing in the rad and it foamed up it could end up coming out the vent tube, anytime it gets over filled or over heats or gets frothy it comes out there

thank i think its coming from the welsh plug in the back of the motor so it looks like the 327 has to come out today