Gill,
Take it apart. Get the numbers off the bearings, and order them, or, find a distributor close to home, here:
https://www.timken.com/about/If it is 80 years old you are overdue for a rebuild. If it is 80 years old, you can’t buy one, today, that is near as good. It is a straightforward task to service a drill press, and you will also likely need belts, and maybe brushes in the motor. Sometimes those old motors have an oil port or grease zerks on them, but, it is way past due to be torn down, cleaned out, checked out, and put back together.
Post a photo or two of the project. I have an Atlas, same age, that I rebuilt, painted, and put back into service a decade or so ago.
Best,
Ted