Congratulations!!! Fine job you have done. That is an early model SB,with the lever on top of the QC box. It probably won't run fast enough to properly use carbide.
How accurate a straight bar will it cut,measured at each end and in the center for parallelism? I know you have said the ways were in good condition. If there is wear on the front way,there will be a little vertical "cliff" where the apron has "sunk"(worn) into the bed. Strange someone put Turcite on the apron if nothing was worn. Maybe they just did it to make the apron slide smoother? Not that they wouldn't slide smoothly in the first place. I think you're lucky someone did do that. It would save wear on the ways for sure.
If there's no scraping at all on the ways,I'm wondering if someone had the bed re ground at some point. On a lathe that early,there would be a scraped bed on it. If it was re ground,you are again very lucky. On old lathes,not only wear can happen,but I have seen beds warp. I rebuilt a Rockwell lathe not all that old. Probably from the 60's. Its bed had warped about .010" upwards near the tail end. I had to re cut the bed due to that and other wear. The bed was hardened,too.
I'm also wondering if the large dials on your machine were added later. I don't know offhand when large dials came out. They are a definite improvement over the very small ones found on earlier lathes.