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I don't think there is supposed to be a hole there at all. It looks like over time, the level adjustment screw has ground a hole into the plate so deep that the adjustment screw doesn't even work anymore.

I noticed after a long ride that the nose of my Brooks B17 saddle was pointing up slightly, which is not good for the crotch area. I took the saddle off and noticed that the clamp that holds it to the post has a hole ground into it from the level adjustment screw. I was wondering if it was...

Thanks for the info. I give the bike a thorough cleaning every 500 miles and don't ride in harsh conditions. As for the bottom bracket, I am not sure if it is the original. The cranks are Shimano Dura Ace silver. According to the 1989 catalog, the SR2000 is the only road model that came with...

I bought my 1989 Series 3.0 road bike from a friend who bought it new and used it for triathlons in the 1990s. I had not intended to buy the bike, but at the time I was training to compete in some kayak triathlons and needed a road bike as some of the races included road riding. He was...