A nice solid lathe that would be a good base for making a small CNC lathe. As it is it is really just a very basic machine as no feeds and no means of thread cutting.
A lot of those were sold to schools, very simple & idiot proof with no power feeds.
They are not worth a great deal. Good for cast iron work as the bed is very well hardened.
Wow, that's a name from the past. They used to have a huge warehouse which I occasionally visited to ogle all the machine tools that I couldn't afford. It's long gone now. There's a small ̶b̶r̶o̶t̶h̶e̶l̶ hotel on the site now