I bought a 9X41/2 Southbend lathe about a month ago. It had a great price $150.00. But it was a mess. Along the way in it's life it was painted with a paint brush and the paint plugged up a lot of the oil holes so as you can imagine it was starved for oil to the point one of the gears had seized onto it's shaft. So after a complete tear down, cleaning, polishing and painting it'a now a nice little lathe with one odd part the threading dial on it is not SB but some thing that works but is divided by three instead of the usual four lines. will this set up index right on all three points? or do you need to engage the half nuts on the same number all the time? The gear on the thread dial has 24 teeth and of course the lead screw is 8 TPI.