Is the drive gear blue?
Have a look at this page for reference and scroll about 1/2 way down to the TH350 section:
http://www.transmissioncenter.net/speedometer_calibration_______va.htm
You already did some investigation and determined you need a 2.9:1 ratio. You cannot buy a 29- or 30-tooth driven gear, so you need a different drive gear. So, you need a 7-tooth drive gear and a 20-tooth driven gear.
Have a look at this page for reference and scroll about 1/2 way down to the TH350 section:
http://www.transmissioncenter.net/speedometer_calibration_______va.htm
You already did some investigation and determined you need a 2.9:1 ratio. You cannot buy a 29- or 30-tooth driven gear, so you need a different drive gear. So, you need a 7-tooth drive gear and a 20-tooth driven gear.