Anthony,
Thanks for another update and the resistance values new vs old, I will be checking exactly the same thing later tonight as my motor struggles to turn when run off a little 9v battery and I believe if the motor is good, it should spin smoothly and quietly even on a battery as small as this.
Could you do me a favour, and measure the current when the new motor is connected to a 12v supply, it should be circa 100-200ma if my googling is accurate – I'm not sure I would suggest doing the same with the old motor unless you can limit the current to protect your meter somehow.
The Chester DB7 I'm working on for a friend is a similar age to your clarke machine, and I think under the fancy clothes, they are very similar machines, although this one has had a pretty hard life by the looks of it!!
I have a Myford 280 and a Warco Super Mini (basically identical to your Clarke but green!). Now if you think a Myford Super7 is a sturdy lathe, or the Myford 254 is supreme, wait till you see a Myford 280!! It's a hell of a piece of kit. I love them both, they are both excellet machines, I'd buy another chinese lathe tomorrow if I needed one. The myford, I wouldn't replace, great machine, too expensive, unjustified. When I bought it, they were cheap.