I recently acquired a older VT-730-80 SB compressor, believe it is a 1970 by the tank stamp. It has some connections that I have not see before and am not sure how to hook this up for air. The right side with the red hose spigot is the service valve (4th pic). What is the item on the opposite side? It has a cap on it with wire lock that looks like it's been since factory. And what is the small lever below the placard/lock there? I am guessing that the lock cap comes off and I attach it to that metal pipe. Obviously I am trying to hook this up so any input is appreciated.