ya i am restoring but i have yet to find a rebuild kit. as for the adjusting, in the photo, where you can see into the steering box, there is a cover over that with 3 bolts and a threaded rod with a slot and a nut. this rod adjust the gears into mesh with each other. and the nut locks it into place. if the rod is already threaded in all the way the gears are worn out and need replacing or repair.