Assuming you have a mill then hold the bar vertically, mill the end flat, use edge finder to locate ctr of bar and centre drill, use handwheel dials or DRO to position the other two holes. Ends could be faced back in the 4-jaw if you prefer

If just doing it on teh lateh then basically teh same method but hold the bar horizontally with end facing teh headstock

Once you have done the holes pop it in the 4-jaw with say 1" sticking out, turn round and then form the ball with a ball turner. Back to the mill and holding in the vice mill a flat on one side of the ball then drill and ream, flip it over and mill flat on the other side to bring small end to width.
Back in the lathe either between ctrs of holding the very end of the foot in the 4 jaw and female ctr (hole made will do) supporting the end rough out the rod parallel then turn the taper
Edited By JasonB on 30/07/2017 13:36:43