The 10" I used had a plaque on it "This Machine Conforms To The Standards Of The War Production Board".
That is a heavy 10. The 1 1/4" spindle bore is large enough for most barrel work. Make a spider for the left end. A 10K is a much lighter machine.
The lead screw has threads, plus a longitudinal groove. Engage the half nuts, the thread moves the carriage. Engage the friction clutch, power is transmitted using the groove.
That is an elderly machine, '30s - '40s. Old tech, but still very useful.
Looks as if it could use a new drive belt. These can be purchased, with patent end fittings, or made, using heavy leather, with the splice laced.
Start with a really good cleaning and lubricating.
You are going to want to go over it end to end, see if there are any miseries.
Some rust removal here and there and some general cleaning and dare I suggest a good scrub with some strong degreaser detergent and new paint would doll that machine up right quick.
How does the bed look for wear in front of the chuck?
your lathe has been fitted with much newer, and probably diametrical reading cross feed dial(and probably screw) as well as the compound dial and screw. I have owned and or flipped around 20 Southbend lathes, and still own a British version of the 9", a Boxford VSL 500.
The trays can be done by yourself from some sheet metal or for not a LOT of money from a local fabrication shop. I'd suggest that you should be able to tin bash a tray for the QC box yourself. For a chip tray I'd suggest that you find a local fabrication shop and take a sketch into them showing a basic pan with 45° bent up edges. Get them to weld the corners or silver solder them yourself and then shape the joints. You'll also need to cut out the openings for the power belt from the pedestal and drill holes for the tail end legs. But if my own sheet metal bench top I had done for me locally is any indication you should be able to get the tray done for less than $100. That may seem like a lot but if you use 12Ga metal it's not cheap any more. And they have a rather expensive shear and press to do the cuts and bends that you don't have. So it's not bad money.
The motor drive pedestal came from the factory and I find it hard to believe that the pulleys would have been replaced. The head stock and counter shaft in the cabinet are flat belt pulleys so I seriously suspect that they are stock. No one switches out stuff like that. It's possible that if there is a single pulley on the motor that it might be new. Often the motor side of the jack shaft will have a two step pulley and the motor would have a matching two step pulley. That sets the high or low intermediary speeds between the usually big jumps of the flat belt and cone pulleys. So it SHOULD have 6 direct drive speeds. After that you engage the back gear for seriously slow stuff. If you are sure head stock is running too fast then look at the pulley on the motor. Also knowing the speeds of the placard or from a manual you can download it should tell you what each of the speeds is supposed to be. And from the sizes of the pulleys you can calculate the ratios and figure out if it's right or not.
Of course the gears on the back of the head stock and the selection of the levers then controls the feed shaft. If the carriage advances too fast then it's likely that you are using the threading lever instead of the power feel lever. The control for engaging the threading will be the lever on the right side of the apron face. The knob low and middle is likely the engagement "brake" that runs at the slower advance rate noted by the decimal numbers. My father's old large SB used such a quick lock brake "knob" that would tighten something inside the apron to engage the advance. I believe the idea is that you can tighten it to some degree to get your advance but if not overly tight it can slip a little if the cutting load is too high or if the carriage hits something it isn't supposed to hit.
The threading lever isn't also the advance lever. That should become rapidly obvious when you look at the threads per inch and calculate what the feed rate for them is and then look at the number for the advance per turn in small numbers below the TPI number. For example 20TPI equates to .050 feed rate. Yet the stated feed rate for that gear box setting is supposed to be only .0167. A BIG difference. So try that thing that looks like a water faucet knob. I'll bet that's what you are missing.
Have you got the Back gear engaged or no?
The back gear is used for slow speeds. Should be able to get down to 30 to 60 rpm, depending on the pulleys in use.
To engage the back gear, open the top cover on the headstock, look at the biggest gear there. That is the bull gear. On the side of the bull gear, there should be a pin that pulls out, or a lever that flips over, which disengages the gear from the spindle.
With the gear disengaged, then look for the lever that moves the Back Gears (the two gears on one shaft, behind the spindle), in to engagement with the two gear on the spindle.
Be aware that with the back gears engaged, and the pin in, the spindle is locked solid. Got to do both to get the back gears working correctly.
That should get you access to another range of low speeds, with very high torque available. The low speeds make threading less stressful. The torque can be used to move some pretty heavy cuts, if you need to move a bunch of metal.
Oh yeah. Check your spindle diameter at the other end of the spindle from the chuck. Usually, the chuck end has a Morse Taper to it, which will make the end larger than it will pass through.
Cheers
Trev
One good thing about a short bed is that it is easier and cheaper to get it planed and or reground. More capacity is usually better if you can afford the $ and space for a larger machine. If you're sure this one is enough for you, I'd prepare to tear it down and refurbish and refinish it.