Nothing else will work, if the trans isnt want you want to put money into , than th350, 400 for Pontiac or 700r4 for a Chevy, or with adapter plate the 700r4 will fit 65 and newer Pontiac engines. Or 200r4 for Pontiac , but that isn't a very heavy duty trans.
That 59-60 389 would only be best with your hydramatic.
$1000 ? for the trans rebuild , you would have to check around.
As fas as using the 59-60 block for the front mounting, there are some places that sell adapters to use the 65 and up transmissions, but the kits themselves are $600. And you would still need to have the driveshaft done.
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Illinois Outlaw Gassers
6.27@107
9.97@131
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