I have had three Fobco drills and a friend has another. All of them have the same table clamping arrangement. The slot in the casting in all of them did not extend the full height, it was closed at the bottom.
I think there may be some confusion. There are two clamps of the type Ian Parkinson refers to on a Fobco. One provides a clamp for the quill, the second provides a clamp for the head assembly on the column (note it does not “support” the head but prevents – or allows – the head to swivel clear of the table and base).
There is a collar under the head which clamps to the column to support the head itself, and as Peter Spink says it prevents the heavy head falling and smashing into you, or worse the table! This collar is clamped by a through bolt with the chrome handle as the nut.
The table is also clamped to the column by a through bolt in the same way. Both through bolts mentioned probably had square heads originally as the castings have a square to fit the head and prevent it turning.
I have had the same problem as Phil and others have mentioned in getting the table to clamp firmly on all the Fobcos I have encountered. It appears to be the Achilles Heel of an otherwise excellent drill and like others I have resorted to a longer lever. The original 2.5 inch handle just does not do it so I use a stout tube spanner giving me a lever 6 inches long but it still requires some effort to avoid movement. Incidentally when the clamp is relaxed I can get a 0.080” feller in the slot and when it is securely clamped only a 0.030” feeler will fit so it is not closing the gap completely. The gap is clean by the way!
John