<VV> vacuum modulator

[Dave Schneider]

The car: 1965 Monza with 110HP/Powerglide
  The problem: engine surge at constant speed and transmission fluid loss (transmission also has delayed shift when fluid gets low), no leaks under car, no noticible smoking. Could a bad or going bad vacuum modulator be the cause of this? Vacuum hoses are all new.
  Thanks for any help.
  Dave

 		
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