Tractors of the 1950's and 1960's were not known for slow reverse gears generally speaking.
Hydros barely meet your criteria, as the 656 Hydro was first introduced in 1967. Most hydros will be from the 1970's.
I suspect your criteria of 50's and 60's is an attempt to keep the cost down. Right now the IH Hydrostatic tractors are relatively hot as collector tractors, so they're not going to meet your criteria of low cost.
Your best chance at a hydro would be a gas hydro that's been used but not abused, but even those are bringing premium prices. Back when people bought them to use, gas hydros were dogs on the market. Perfect for occasional use as a snowblower tractor.
Live PTO and a strong left leg are going to be the name of the game. A trick my grandfather used running the snowblower with an IH 806 was to run a single tire chain. The unchained tire would spin on the packed snow if the blower met resistance, and could be advanced into the snowbank by tapping the brake on the unchained wheel to cause the chained wheel to turn.
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Today's Featured Article - Tuning-Up Your Tractor: Plugs & Compression Testing - by Curtis Von Fange. The engine seems to run rough. In the exhaust you can hear an occasion 'poofing' sound like somethings not firing on all cylinders. Under loaded conditions the tractor seems to lack power and it belches black smoke out of the exhaust. For some reason it just doesn't want to start up without cranking and cranking the starter. All these conditions can be signals that your unit is in need of a tune up. Ok, so what is involved in a tune up? You say, swap plugs and file the points....now tha
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