Problem: Slop in the shift pattern on 1947 Chevrolet & GMC 3 speed transmissions.
On the first year of the 1947-55 Advance Design trucks, their 3 speed transmission was a carryover from the prior years. It remained a floor shift unit, not a column shift as 1948 and newer. When shifting into 2nd gear finds your knuckles contacting the glove box door, repairs are needed and available.
Chevrolet did not plan on these 3 speed transmissions to be in use over 50 years so repairs in this area were not often discussed by GM. You can fix it anyway!
Remove the flat plate with the shift lever from transmission by taking out the 4 retaining bolts. (Be sure to replace this plate with cloth or cardboard so no foreign object falls inside.) Take the shift tower from the flat plate top by removing four retaining bolts. The shift lever and its 2 1/4 inch tension spring can now be taken from the tower.
Inside the top of the tower is the worn brass bushing causing most of the shift lever slop. A replacement with tension spring can be obtained from Jim Carter’s Truck Parts and most of their full stocking dealers.
Sorry, exchanging the brass bushing will not solve all the problem. The long horizontal pin, through the shift lever ball, needs to be replaced. The pin will probably be worn on each end and needs replacement.
Using a drill bit is a good option for a new pin. If a 1/4 inch drill bit easily moves into the shift lever ball, move up to the next size. (Maybe as much as 9/32 inch drill bit). Use it to drill the hole oversize, then use this same drill bit as the new pin. After drilling, remove the drill portion on the bit, and you have a nice hardened pin! Note: do not cut the drill bit until you know the exact length needed. Get a correct size by turning the shift tower upside down and measuring the distance between the two notches to the tower walls.