Most likely, the filter is plugging up as it warms up. As the oil warms,it draws material from the bottom of the pan into the filter plugging it. When it cools off, the material drops back to the bottom of the pan until the next time it is run.
That material is friction material from the bands and clutches most likely. There is not one thing that is making it quit, but rather a combination of things. As others have said, it is time to replace the transmission.
Forward motion depends on the rear clutch pack. If that fails, you get no forward motion. The front band only affects second gear. The rear band is mostly for reverse. The front clutch pack is for high and reverse. No one friction unit will prevent the transmission from operating in at least one range.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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