Are you sure Chinewalker? Doesn't that prop have a shear pin that goes through the prop shaft and seats against a notch in the shaft. Pull the prop and check the condition of the pin.
The prop works fine at low speeds. It only slips when I apply more power. Thanks for all the information. I will remove the prop tonight and look at the shear pin as I do have a spare pin. I also located a new prop by Michigan Wheel for $69.98 from itgmarine.com. Seems like a reasonable price for a new prop.
Are you sure Chinewalker? Doesn't that prop have a shear pin that goes through the prop shaft and seats against a notch in the shaft. Pull the prop and check the condition of the pin.
I have a '54 10 hp that definitely has a drive (not shear) pin and rubber hub. The prop was spun when I got the motor, thrown in with an aluminum boat I was considering to sweeten the deal. That was before I was on the Internet, back some 10-12 years ago. I wound up going to a dealer for a new prop, which at that time cost me about $65. I checked, and it would be over $100 from that dealer now.