It's these sort of financial "tricks" that are the reason I suggest anyone wanting to be an independent craftsperson take small business classes.  Even then it would probably pay to have a good accountant that was up on all of them.

Corps make out better than sole proprietors..    S and C corps are up there in terms of rewards.  LLC is great with no annual fees..  


For each business segment there are different rules.    

I took so many business courses way back in the day..  SBA etc, etc..   Back then I was involved with a whole bunch of different ones for over a year.  I was trying to grow the business and every person I met with wanted me to get out of hand work and expand into machinery. 

Different world back then..  Might be better with all the Etsy, and online sales resources.. 

I have a Canedy Otto New # 16 post drill. This is a big drill ( 500 lbs) crank or belt drive. Adjustable auto feed. 

 

Jim Wisconsin

Jim, please post a photo or 2 of your unit..  These are kinda rare to see..  

 

So here is a photo of the stand the drill is mounted to.. It came with the stand but the welds were in need of help.. So fixed that and then park it on the side of the shop.  

This time I squared it up and added the diagonal bracing to keep things square.  It was leaning heavy towards the front.. 

On the back side i mounted my old Buffalo.. Which I bought when I was 18.

 

I added the castors too.. 

Champion blower and forge company model 50e 

Few nice ones there twistedwillow. 

Thank you jlpserviceinc, the 1928 Westinghouse motor on the champion is burnt up I need to take it and get it rewound. I’ve got a modern 1hp driving the old silver mfg drill.

I got this one a few months ago, its a no brand thing. Its missing the cutting table but I will make one.

What is a good price for one of these. I have found a couple, but have no idea where to begin.

I paid $50 U.S. for mine in '99, there is a post about it in page 1.

That would be about $80-$90 today (which is crazy.) Would you say that what you got yours for was a good deal?

I picked one up just last winter at a junk shop just over in Arkansas for $35 an the guy threw in a pair of tongs,

I paid 350 for the Cannedy Otto New model 16, 45.00 for 4 different hand operator ones including a Champion 200. 

And the Champion 201 I think I paid 300 for.. 

I thought it was a good deal with the stand and after getting it in the shop and operating with just some lubrication and making a handle for the top wheel. I still think so.

 

 

I found this at an antique mall for $90.00.     It’s no longer a lamp but I need to find a chuck.   

Dave, a lot of post drills only had a set screw to hold the uniform diameter bit shanks.  I have modified mine by putting a modern chuck on a threaded rod and then securing the rod with the set screw.  Has worked well for 35 years but the post drill is more of a decorator and I don't use it that often.

"By hammer and hand all arts do stand."

Thank you, that’s good to know.   I’d like to get it mounted in my shop and use it a few times just to say I did.  

 

 

The used to make special drillbits with shanks to fit into a post drill.  Adding a modern jacobs check is a major upgrade!

Got this Champion post drill on wensday, was part of a garden display but it had been restored in the past, the owner was surprised when I said its not going to be used for garden display anymore, also I got a leg vice. The other smaller post drill is un branded, its definitely not Champion or Buffalo.

 

I really hate it how people buy this stuff for garden displays and then scrap it when they decide they want to plant something elce.

Great find, especially if the price was right.

I REALLY dislike seeing old tools used as decor, either inside or out.  It just feels and looks wrong to me.

GNM

I agree George I hate seeing old stuff not getting used!

so imma send you a wash board and agitator I’m not usin currently!

Only condition is you gotta send me pictures of you actually using them! Bahaha

 

 

You've got some great forge welding flux on the wall as soon as the mud dobber's move out.