Guys,
This is a Van Norman brake drum lathe. If I remember the 300 series is for truck brake drums. Probably built in the '50 or early 60's. It should be a big honking machine! I will probably turn a 30" drum.
This is after the days of steam cylinder oil. Also, there should be nothing high speed in that except the motor. From my days of selling for a DX jobber, I'll bet VN was specing Saybolt @104F. If the SAE gear lube table went up to 600W, it would be a very heavy grease, almost like an NGL-0. 600 SUS is somewhere between ISO 100 and 150.
I don't know about the EP additives that are in the automotive type lubes. If you want a good industrial lubricant, the Mobilgear 600 series has a 1B rating on copper corosion. IMHO, Mobilgear 629 looks about right.
JR