The numbers. holes and side indents (detents) are for indexing. That is so that you can set up a means by which a 'peg' can locate in either a hole or detent which will aid in marking - or even cutting - lines or grooves along the length of a piece of spindle work or radial ines etc. on face work.
The item marked KP96-E is an insert to convert the mounting from the native 1" x 8 to 3/4" X 16 which you will only need if you have another lathe with the smaller thread.
It's an excert - it allows you to use a chuck or faceplate with a different thread. If you wind the jaws out to clean the chuck up a bit, you will find each jaw is numbered - these have to be replaced in the co responding slides in the chuck, which are also numbered. It's good to find out how it fits - you'll wind one or two out sooner or later anyway. When the jaw carriers are out, you will see the spiral that locates them - wind this around until the end appears in No.1 slide, then back it off slightly and insert No.1 jaw. Then turn it on a quarter of a turn and repeat for jaw 2. Repeat for the other two. It sounds more complicated than it is. A dry PTFE spray is good for lubricating the spiral and slides as it doesn't attract dust.
Let's take some of the easier questions. The back of the chuck is numbered so you can use an indexing system. Don't worry about it for now, it is a feature that you aren't using.
The cover that you repositioned looks right but I leave mine open. I presume that you also has a top cover and that also stays open on mine.
The chuck seems to have come with an adaptor to thread onto a different sized lathe. Does the church fit the screw directly or need the adaptor?
When you get going, you will want to change speeds, and these covers need opening every time. That is why I leave mine open.
You will have 5 speeds or so. You start slow and build up, then for sanding may slow down a bit, so it can be a bit of a nuisance openings and closing them.
In the tailstock, you have put the live centre (live means it spins with the work). The missing handle isn't a big thing. If you end up drilling on the lathe (eg for pens you might want to make or buy a replacement.
Faceplate is correct term. You screw your blank to the flat side, then the other side screws onto the lathe.
Do you have any other centres, probably a pointy bit with a sharp cross on it?
That spanner is what goes onto the Chuck, not to lock the spindle.Garno, This is what you need to hold the shaft from rotating while you smack the chuck counter clockwise (looking from the tailstock)Axminster Woodturning Chuck Removal Spanner There is a hole (no flats) on the shaft. With the spanner installed in the pin hole of the shaft... rotate it so the handle of the spanner is against the casting, open the jaws of the chuck and place a board crossways (as a Lever) then clamp the jaws onto your lever and smack it.
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