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Picked this boxed set up yesterday at an estate sale, but I don't have a clue what it is. Handle has a socket wrench-like ball on the end of it though. Any ideas?

Last weekend I acquired this Craftsman (King-Seeley – 103.23590) 12 ¼” drill press from a very nice gentleman, that I think was a short run “value priced” variation of the 15” bench top model (24505?). I’ve seen a picture of a very similar one in the 1964 Craftsman Power tool catalog (23595) and...

To this as a part of a $12 estate sale bundle (also included a Craftsman four-drawer portable too chest) and did my best to clean it up in evaporust. Question is, is there anything else I can do to restore its appearance (to make it more legible)? And, are these things still used? I see...