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So this is what I found when I tore the caddy down.
The good news is that everything else looks good. The motor has been rebuilt in the past . The crank is 30 under but the bore is still original . I found a place to get a used connecting rod .So I need to get that and a gasket kit and I can get it back together. I am also going to throw a set of seals into the heads.
 
Water in the wrong place at the right time. Good thing it didn't start or the out come would have been worse. A little luck goes a long ways sometimes.
Stay after it.
 
I'd save that rod for a decoration somewhere. Maybe for a trophy.

Glad it was relatively slight damage.
 
I got a used rod and a gasket kit coming for the 390. There is a guy in PA. that deals in old caddy parts . I should have the parts by Saturday . Right now the truck is outside covered up with a tarp . There is not enough room for all of my projects in the garage .
 
It has been a while. Got it all back together. Went to a local (small show ) ended up getting Veterans choice and peoples choice . I painted the engine up. It looks nice in Cadillac blue . I will post some pics tomorrow . I am also building a breather so water will not get into the engine again.
 
Here are the pics i promised .

Here she is with her fresh coat of Cadillac blue
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This is the breather cover I built so I don't have any more problems with water getting into the engine.
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I built it out of this old refrigerator door and a louvered top to a fuel oil stove.
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It ended up being 24 pieces . It is not perfect. But I am a truck driver not a body man.
Then I painted this on the back of the cap because people kept asking me where I bought it.
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