I recently brought home an old Atlas Craftsman 12" Model 101.07383 lathe. I have no idea what I will do with it other than clean it, repair it, and probably make useless piles of chips with it. I am not a machinist and have never even run a lathe before. I ordered a hard copy of one of the MOLO versions to get started. In the meantime I have been disassembling, cleaning and identifying obviously broken or worn out parts. So far, the traverse gearbox is cracked but holding together (on order), one of the bevel pins for the compound swivel lock is broken (on order), one of the hinge brackets for the pulley cover is broken but holding (will braze or weld at later date), and the threading dial is frozen up (currently soaking in solvent and getting looser). The headstock babbitt bearings do not seem to have any discernable play. The ways have a few small dings I will need to stone out, but not too much wear as far as I can tell. I think I have all of the change gears (10 plus the ones currently installed). It has an Emco brand QCTP installed and a bucket of tooling, mostly HSS. It has a small 3-jaw chuck plus a larger 3-jaw and a 4-jaw. The motor and spindle pulley are not original and the motor mounting plate is missing. The replacement motor is a rather large (70 lbs!) 125v/230v, 13/6 amp unit mounted near the bottom of the homemade stand and has a reversing switch. My understanding is that these lathes were equipped with a 1/2 hp motor from the factory, so this seems like overkill.
One other missing item is the Back Gear Lock Pin (10-256). I don't know the actual function of this pin. Can I get along without it or is it going to be a show-stopper if I can't find a replacement?
One other missing item is the Back Gear Lock Pin (10-256). I don't know the actual function of this pin. Can I get along without it or is it going to be a show-stopper if I can't find a replacement?