Was the lower transmission shaft turning also along with the constant mesh gear when you blocked the wheels and looked in. Originally you said 1 through 4 speeds and the pto didn't work. Lower shaft is probably broke inside a gear or a key is no longer retaining a gear to shaft. Gear spinning on shaft and shaft not turning. Unlikely that both the 3,4 and 1,2 gears both have a stripped key. Since 1 to 4 didn't work when tractor stopped I think the problem is toward the front, inside the constant mesh gear or inside the 3 and 4 double gear.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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