New Member From Texas

KVT, 4gsr, Iam curious. Taking about used machinery prices, when I lived in Alaska, the economy was always in a boom or bust cycle. During down times, industrial equipment, trucks, even houses of all types could be had at give away for free -just take it off my hands - prices. Of course during boom times, everything was at a premium. I Imagine that's why rust belt equipment is cheap.

Do you ever see that kind of cycle in the Texas/Louisiana oil fields??

Glenn

Hi welcome to the site, your lathe is a dream , she's the best you can get in my opinion . Yes I love the old ones made to last forever not like stuff now. Good luck and God loves Texas and I do too.

18" 4. Jaw near me seems to be in very good condition. $100.00 I can't find anyone to get it for me .

Glenn Brooks said:

KVT, 4gsr, Iam curious. Taking about used machinery prices, when I lived in Alaska, the economy was always in a boom or bust cycle. During down times, industrial equipment, trucks, even houses of all types could be had at give away for free -just take it off my hands - prices. Of course during boom times, everything was at a premium. I Imagine that's why rust belt equipment is cheap.

Do you ever see that kind of cycle in the Texas/Louisiana oil fields??

Glenn

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Yep! Not as many machine shops that I've have seen going on the auction block this past two years. I know there has been a few. For me, just don't have the money to play at any of the auctions with. Most of the shops that closed are paid for so those guys are just setting on their stuff and playing the waiting game. Business is picking up and people are casually looking for equipment. Most of the shops that closed down have reopened their doors. For several years now, stuff like tooling is getting hard to find second hand. Most has left heading south of here to Mexico and Central America. Shops are selling off excess tooling to the scrappers. My brother works for one of the large oilfield corporations in the Houston area. Last year, he was offered a couple of machines for his shop which is part of the larger facility they provide services for. He went to supervise the rigger picking them up. Had a pile of tooling with several large Devib boring bars in the mix. He had a use for them in his shop. They told him the bean counters have already wrote them off and he couldn't have them. The scrapper got them! Just makes you sick thinking about it!

This is off topic, and I apologize up front for it.

It's mind bogging when my youngest brother, that has a hand in selling new CNC's to Houston area shops, tells me that there is close to 20,000 machine/manufacturing shops in a 75 mile radius of Houston.

Can you imagine that!

Well, hope I don't end up regretting it, but I brought the Lodge and Shipley home today. Looking at the photos on Craig's List, it appeared to have a three jaw chuck, but it turned out to be a four jaw. It's got a four-way tool holder and a taper attachment, but no tooling. I found that the leadscrew lever has been broken off, but that should be a relatively easy fix. Here's a few pics. Let me know what you guys think.





Handwheel on the tailstock has been broken and repaired:




I can't read this tag on top of the oil reservoir. Pump lever has been broken off as well:


Can't read this tag on the headstock:


I thought this tag was interesting:


This stamp appears on the front ways near the headstock:


Now I've got to find a piece of equipment around here big enough to off-load it into my shop. No way my skid-steer will pick this monster up.

That outweighs your skid steer!

6800 ish.

Look for someone with a large pneumatic tire fork lift

Mistake placing chain on ways as it causes damage.

Be real careful lifting with forks as control shafts under bed so blocks are a must.

Plus it helps to avoid sliding.

Consider placing it on 4 X 4 logs so you can later get pallet jacks under it to move it.

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The chains are just resting on the ways. I just wanted something attached up fairly high on each side in case it tried to tip and that as the only place I could find to put them. What's really doing the holding is at the bottom of the legs.

I've got a Skytrak rented to unload. Once I get this thing off the trailer, then I can start figuring out what's what. I'll be back with some questions for you guys then.

That is just beautiful! As much as I want a real lathe, I must wait until I have more than a garage to work from. Great find & I'm sure the restoration will be fun.