The user manual for the machine will show oil points and how often to do it. If you do not have a user manual go to google and type in new home 3123 and download the manuals from the site.
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Make sure you are threading it correctly (with the foot in the up position) and check that there is no fuzz trapped between the tension discs. (use unwaxed dental floss)
it is the big knob on the right hand side below the bigger wheel that moves the needle bar up and down. You have to turn it clockwise to move the indicator to the right all the way to # 13 for straight stitch. It will make a loud click with every move. Make sure the needle is raised up because it jumps back and forth as you move the dial. When you make a buttonhole using pattern 1, when one finishes you turn the dial to #2 then back to #1 to reset the program. I have one right in front of me if you have more questions. This is an AWESOME machine and should never wear out :o)
You can't - it is only designed to always stop in the up position, then you can manually push the "needle down" button to make the needle go down while you turn a corner. The next model up the 4263 had the "stop down" option. Sorry.
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