I'm in the process of renovating my Zyto 3 3/8" lathe headstock, and I'm a little puzzled…
The smallest of the three flat-belt pulleys at the headstock end has a small threaded hole, and I can't see what it's used for. The only possible use I can think of is for getting oil into the inner bearing surface of the pulley, where it spins on the outside of the spindle. It can't be used for fixing the pulley, as that would defeat the operation of the pulley and back-gears!
Is it as simple as that, or have I missed something?