Hello Becky,
Just harking back to our earlier exchange on these older Myford lathes, it looks as though yours comes with the non offsetting tailstock. I really would advise against setting it over for cutting tapers, the realignment hassle later on is a real pain.
If it is aligned correctly now then use a boring head with a dummy centre for any such work, it will of course need to be on a 1MT fitting.
Myford offered replacements with a built in cross bar for similarly built tailstocks on the ML4 models that followed but not until well after 1945 when my Dad acquired his; I remember well the frustrations involved.
I think you will have endless enjoyment in your new toy, far better than the C3. I built my DW vertical mill using Dad's
Regards Brian