Thankyou.
With no way of knowing how tight the ring-nut should be, I tightened it fully then backed it off by perhaps a quater-turn. I could not detect any end-play.
The quill’s back in the machine. Luckily I had spotted the circlip had come off the end of the pinion shaft but had not vanished. I don’t know how that happened but its groove is quite shallow.
I don’t know the “correct” return-spring tension so left it just returning from the lowest quill setting but needing a little help near the top – certainly far better than it had been for years.
(The equivalent on my Meddings bench-drill is quite fierce, needing a restraining hand on the handle when I use the machine, rotated by hand, as a tap-driver.)
Another area for attention is the quill-lock.
I don’t think that was releasing properly. The end of one half seemed burred, and it was glued by oil residue too.
Re-fitting it, I added a washer to alter the handle’s radial position when locked / unlocked. When it’s loose I want the handle to lean away from the depth-stop a bit. Previously it tended to fall under the stop-block, rather like a single-tooth ratchet and pawl, obstructing lowering the quill.
Then I dropped the little handle, saw it roll under a trolley. I moved the trolley and there it wasn’t. Gone. As if it never existed. At least my search discovered the awful little thumbscrew that had fallen from the table handle dial, and an oil-cup I think I’d had to remove to fit the DRO’s involved bracketry.