Thanks to everyone that responded to my issue from yesterday. I was ready to bite the bullet and pull the rear end and look at the pinion bearings as suggested by one member. But Chuck Kallas said before we start that, l want you to remove the speedometer gear housing behind the trans and see if it has oil in it or it is dry. Surprise, it was dry as bone, so I squired a lot of heavy oil inside the area and all over the rear towards the bearing and filled the cap with a good dose, bolted it back up and the noise disappeared, problem solved! Chuck said that some of the trans oil should be dripping in there and keeping the upper driveshaft bearing oiled. Since this car had been garaged since the late 40's or early 50's and only driven a total of about 300 miles until last year, the oil had turned to a crusty muck. Again, thanks to all that responded to my request for information