This is Dave's fault, all the talk about vintage stick welders peaked my interest, so I went looking for a cool old welder. There was a great "Goodwell" welder, circa 1950's on Gumtree for 30 bucks, but the seller fcuked me around so I didn't buy it, then when perusing eBay I found this old Peerless welder, and bid $83.99, and got it for 83, after some last minute snipers tried to beat me out.
I drove out to Little River on Sunday morning to collect it, and had a good chat with the seller, who'd inherited from his father, who was an old biker too. I wasn't looking forwards to dragging it out of the boot of my car, so I didn't pull it out until tonight, but as it still had half a rod attached I fired it up, and it worked like a dream.
I have a feeling that the new "Champion" welder that I bought back in the 1980's was an evolution of these old Peerless welders, and were probably the best single phase arc welder on the market at the time, so I reckon this one will still be working fine in many years to come. Cheers, Terry.