My T-5 is a motorsports 2.95 box with 1.94 1.26 1 and .63
Well heck... one of the previous posters said your 1st gear was 3.35.
I guess they were mistaken!
Well the 2.95 changes things.
I stand on my 3.80 opinion again.
That gives you 11.21 in first gear.
Not bad at all.
The wide ratio Toploader is only the most kick@ss tranny to come out
of Detroit during the time our cars were built.
2.78-1.93-1.36-1.00 is the gear spread.
Your tranny looks to have a very nice gear spread.
Maybe "close ratio" in T5 speak means something different than "close ratio"
in Toploader speak.

I can't stand 5 speeds that have a granny low in the 3s, and then have 2nd
gear fall flat on it's face in comparison.