Just some things to check. Shaft that the PTO and hydraulic pump drive gear is on is short. I think you said the bolt that holds gear on shaft at the front is tight. That lower front PTO drive shaft has a bearing on the front and rear in the center housing. The rear bearing keeps it from moving forward or back. I think there's enough slack in the splined coupling that couples the front lower PTO shaft to the next one back that passes through the transmission counter shaft to move the amount you said. If the front shaft has moved back I suspect the rear bearing on it went bad or a snap ring that holds bearing is the problem. If the shaft moved back enough the front bearing on it may be torn up also. Remove the T shaped cover on the bottom of the center housing and look for loose parts and see if the shaft is loose. You can't see the transmission counter shaft unless you split the tractor or looked in from the top. PTO shaft going through the counter shaft has a bearing on the front and a bushing at the rear of the counter shaft. If any of the bearings are bad a split is eeded.
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Today's Featured Article - History of the Cockshutt Tractor - by Danny Bowes (Dsl). The son of a very successful Toronto and Brantford, Ontario merchant, and himself quite an entreprenuer, James G. Cockshutt opened a business called the Brantford Plow Works in 1877. In 1882, the business was incorporated to become the Cockshutt Plow Company. Along with quality built equipment, expedious demand and expansion made Cockshutt Plow Works the leader in the tillage tools sector of the farm equipment industry by the 1920's.
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