The Tailstock for my Rotary Table, looks very much like (But minus the rust and dirt) the one shown.
On the underside will be tappings and keywas, so that it can easily be aligned on the table of a milling machine.
On mine the keyway is a different size from the T slot on the mill. So made and fitted stepped dowels to align it.
To set it for height, (And to align the Rotary Table) I bored a 2MT soft arbor to a snug fit on the barrel of the tailstock.
With that in the Rorary table,having clamped the Tailstock to the table of the mill, entering the barrel into the stub arbor, sets the height and level of the barrel, so that it can be locked into posotion.
It also aligns the R T with the T slots of the mill table, at the same time.
It is frequently used to provide extra support for work held in a chuck on the Rotary Table.
Howard