New to me baby, 847 Wells Index

Thank you for the comments on the pin, according to Wells, I can access the pin by removing the lower spanner nut and pulling the brass bushing down. I did that and can see where the pin goes and may be able to get it in there without pulling the quill. Still waiting on parts to arrive, I'll write back when I know for certain.
 
Finally received the parts and put everything back in order. The pin is a snap to install. drop the nut, pull the sleeve down and take a pair of tweezers and install it. Literally a two minute fix. Also of note, I've come to the conclusion the ticking issue is normal for Wells machines. I spent some time listening to Keith Rucker's 847 run in his Youtube videos and his makes the exact same sound. I think it may be a normal thing.
 
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