Hi Bob, M&R's older type of internal micrometers have what they term as a distance piece. As the bodies are only short, 1/4" or 1/2" screw movement, the rods can be fitted with or without the distance piece, which is a small tube exactly 1/4" or 1/2" long (6.5 or 12.5mm for metric mics) thus extending each rod to get all sizes from the lowest to the highest in the range.
The hole in your photo suggest that it may be for a similar thing and you may find the width where it is along the length of the hole, is 1/2" or 12.5mm, but I don't know why it is the shape it is, or what the slots might be for.
Regards Nick.
Edited By Nicholas Farr on 07/06/2013 19:55:20