1935 to 1936 Craftsman 9-inch lathe.
Unlike the earlier 9-inch lathe, with its ball-bearing headstock, this model made do with cheap "Oilite" porous-bronze bushes. However, the spindle was bored hollow, took a number 1 Morse-taper centre and could be fitted with a faceplate on its left-hand end for large-capacity bowl turning.. Unfortunately, the ring of 60 indexing holes on the headstock pulley was missing and the bed had lost its mid-way foot.  However (and rather surprisingly) the tailstock could be set over for taper turning and a limited range of accessories - a compound slide rest, 3 and 4 jaw chucks and a fixed steady - was available to convert it into a metal-turning lathe.

The Craftsman 9-inch lathe fitted for metal turning with a 16-speed countershaft unit, compound slide rest and 4-jaw chuck.

1935 - 1939 121/4-inch swing  by 36-inches between centres Craftsman Universal Heavy Duty Lathe.
The Universal was the best wood-turning lathe to be offered by Sears, Roebuck during the 1930s and designed by Atlas to be not only a very strong machine (it weighed 140 lbs) but also the basis upon which the 1936 Craftsman backgeared and screwcutting metal-turning lathe would be constructed.  (For more details of contemporary Atlas lathes, especially the basic 1042 models on which, in turn, the Craftsman wood-turning lathe was based, click here). The Universal could also be converted, by the addition of various parts, to a proper backgeared and screwcutting metal lathe, the makers claiming that: It grows with your shop! It actually gives you two lathes in one. Well, it might have done, but on its introduction in 1935 the lathe cost $29.95 in basic form - yet equipped with all the accessories necessary to turn it into a proper metal lathe with the correct speed range, this rose to $101.55 - an uncompetitive figure when compared to that season's (identically-specified) dedicated metal lathe at $80
In 1936 two versions of the Universal were being listed: a $32.50 model, the 99-PM-2026 with high speed line reamed babbitt bearings with laminated shim adjustment and the $34.50 99-PM-2024 with heavy-duty, deep-groove precision ball bearings. The 2026 had a spindle 1.5-inches in diameter bored to pass a 3/4-inch rod with a 1.5-inch, 8 t.p.i. nose and a No. 3 Morse taper sleeved down to a No. 2. To fit the ball races into the same headstock casting the spindle of  2024 was reduced in diameter to 1-inch, bored to pass 1/2-inch clear and with a 1-inch by 8 t.p.i. nose.  Both models had a spindle threaded left-hand on the outboard end intended for large-diameter bowl turning - though strangely no accessory kit was offered to facilitate this. Although the outboard spindle was listed as having a No. 2 Morse taper - some lathes of this type have been found with a plain 9/16" bore. All models were fitted with a balanced 4-step cast-iron V-belt pulley with a ring of 60 indexing holes  The tailstock - modelled on metal-lathe practice - could be set over for taper turning and was fitted with a No. 2 Morse taper barrel locked by a proper clamp which brought together upper and lower clamping pads. At some point during 1936 the ball-bearing model changed over to sealed ball races - with an SKF cartridge type being the selected version - yet, oddly, the headstock-mounted oil cups were still retained, though they had no connection to the bearings. In 1937 the range was reduced to one model only: the $45 Type 99-PM-2025 with a 1.5-inch diameter headstock spindle running in Timken taper roller bearings, able to pass a 3/4-inch diameter rod and available with a No. 3 Morse taper nose sleeved down to a No. 2 - the outboard bowl-turning thread being abandoned. Whilst the earlier models had a speed range (driven directly from the electric motor) of 700 to 4300 r.p.m later ones spanned 5 75 to a more sensible 2875 r.p.m.  - the reduction in top speed probably coming as a result of over-enthusiastic owners melting their plain bearings by running them on top speed for too long. 
The Universal was available until 1939, when it was replaced in the by a lighter and inferior 10-inch model illustrated here.

1937 Craftsman 10 inch by 36 inch "De-lux Combination".
This lathe, which was rather more substantially built and better specified than previous "mid-range" Craftsman models, was listed for only two years - 1937 and 1938 - and was unusual in having raised bedways which were semi-circular in section.
The ball bearing, No. 2 Morse taper 9/16-inch bore spindle ran inside a partially-enclosed headstock and was fitted with 1-inch x 8 t.p.i threads at both ends. A 4-step V pulley - with a ring of 60 indexing holes in its front face - provided the drive which, with the recommended 1750 rpm, 1/2 hp motor gave spindle speeds of 700, 1300, 2300 and 4300 rpm.
The heavily-built tailstock could not be set over, but was given a No. 2 Morse taper, ground-steel barrel and chromium-plated handwheel.
In 1937 the price was $23.95 - when the cheapest "Companion" lathe was $4.95 and the most expensive 12-inch "Craftsman" $39.90.

A new Companion 8-inch x 34-inch was introduced for 1939 - gone was the bed with the deepened middle section but otherwise the specification, including the skeletal tailstock, and the price of $5.45, were little changed.

1939 Craftsman 9-inch x  30". This model retained the bed of the earlier 9-inch lathe but was fitted with an improved headstock (with a hinge-up guard over the 4-step V-pulley) and a much heavier tailstock that could be set over for taper turning - useful when the lathe was fitted with metal-turning attachments. The spindle, which still ran on plain and inexpensive "Oilite" bearings, had 4 speeds from 700 to 4000 rpm - or, if the optional countershaft was used, 16 speeds from 350 to a ludicrous (from a bearing-wear point of view) 8600 rpm.