This release went into production in 1957. Millers Falls
catalog describes this drill as:
Single speed hand drill with two pinions. Die cast, iron frame
is enameled black. Drive gear is painted red. Tropical hardwood
main handle with hollow storage for drill bits and cap. "Chef's
cap" side handle.
Ball thrust bearing on spindle. Three-jaw,
spring chuck adjustable from 0 to 3/8 inch. Bright parts
nickel plated.
This specific specimen was most likely produced during second
part of 1960s.