Peter,
The bolt you refer to is not hollow. It is a special with a head designed to engage in the slot in the quadrant to prevent rotation when tightening the nut. The shank is 1/4" diameter with a short length of 1/4" BSF thread. Not hard to make from a decent piece of steel eg from a large high tensile bolt
Alternatively try one of the suppliers of second-hand Myford spares on EBay or if all else fails a complete stud assembly is available from ."New" Myford.
Eric