Ok. I believe I have the "quill" play figured out. The adjusting lever for the slot in the head that the quill rides in was too loose. I have found the sweet spot for that adjustment I think. Still would like to eliminate the play in the spindle.
That functions as both the quill lock and the quill bore adjustment. Loosen the two stop screws a few turns. Wipe the quill with a light coat of gear oil. Then, tighten the large handle until you feel a light drag on the quill when moving it up and down. Adjust the stop screws until they bottom, plus just a little bit. Quill adjusted.
The spindle is a little more difficult. First, you need to remove the chuck to gain access to the spindle end. Your machine probably has either a ground Jacobs taper on the spindle end, or more likely, an internal #2 Morse taper. With the quill fully extended, look for a slot in the side that goes all the way though. Spin the spindle and line up the slot in the spindle. Then, use a taper wedge and lightly hammer it into the slot, releasing the chuck into your hand.
If a Jacobs taper is present (no slot in the spindle), you'll need a Jacobs taper wedge to remove the chuck. Insert the wedge between the top of the chuck and the spindle. Hammer it lightly until the chuck falls into your hand.
With the chuck removed, look on the underside of the spindle for a ring nut, which should be present. Use the proper sized spanner wrench to tighten the ring nut until a light drag is felt when turning the quill with the spindle drive belt removed.
