Thanks guys. Sorry that was not the clearest photo. The plate has "1" stamped in the box maked "PH" so I assemd that would be "single phase"
The history is as follows. The lathes serial number dates it as 1974. I bought it from a guy I know and it had been his Dad's. Dad now past away Richard wanted to sell it on (he runs a Boxford) He said as far as he could remember, his dad had it for about 40 years which would make it not an old lathe when he first had it. I don't know when it was last run, but I can ask. Rust on the motor pulley I do not think is significant. The lathe was stored in a lock up. Not a wet one, but not as dry as your average workshop and when placed there no particular precautions seem to have been taken in that respect. The lathe in general has not suffered.
I realise that the motor could be older than the lathe. I haven't taken the board out of the connection box yet. But also not visible in the photo, under the red lead with clth tag marked "Z" there is a vacant hole which would have had a 4th terminal in it. Perversly, this has the only marking on the visible side of the board, with a rather feeble torch, I think its marked "A".
The Motor man's view was that this once had the black wire from the motor that is currently not connected and he thought it Ok th use a "chocolate block" scew connector to make the 4th connection. Unfortunately he's away at the moment so I'll have to wait to pick his brains on it. So I tend to agee that there may well be something odd in its history as a motor.
The unconnected black lead visible in the photo can be seen to have pale discoloured area towards its end. I suspect that this is the trace of a similar adhesive tag, like the one marked " Z" on the red wire. So when I have a go at identifying wires, hopefully tomorrow it will be interesting to find out what might have been on the missing tag!
Friendly electrician? Is there such a thing ? Moved here 3 years ago and haven't met one yet. Not at their prices anyway. But I admit, if I'm going to use this elderly set up, It'll make sense to get it checked.
I'm actually near Langport, but anybody who'd like to call in and offer encouragement will be very welcome and refreshment will be available.