Nothing Teledyne-specific about your situation, you just need a standard English BB. Your frame's BB shell is 68mm wide, not 70; your 70-SS axle is for an Italian BB. Axles for 68mm shells exist in thin-cup and thick-cup versions; as you surmised, axles for thin cups have the cones farther apart.
If you want to use your thin cups you'll need an old Record axle from the sixties, hard to find in good condition but not unobtainable. (That's assuming it's for a double-chainring crank. Thin-cup BBs for single and triple cranks were made into the eighties and are more easily available.) The sixties axle should only be mated with a pre-'78 crank, or else the chainrings will probably be in too close to the frame. '78 and later Campy cranks use an axle 2.5 mm longer to achieve the same chainline.
If you want to use your 70-SS axle, you'll need thick (Nuovo Record) English cups, and you'll have an unsightly 2mm of extra threads showing on the left side outboard of the lockring. Or you can put 2mm of spacer(s) on the fixed cup, which will throw your chainline off a bit, or split the difference with a little extra both sides.
Unless you're married to these parts, probably the best thing is to ditch the axle and the cups and just get a complete English Nuovo Record BB, which are relatively plentiful. Remember '78 cranks and later are made to fit the 114.5 mm axle, vs 112 mm pre '78
Mark Bulgier Seattle, Wa USA
> -----Original Message-----
> From: handsfie@aol.com [mailto:handsfie@aol.com]
> Sent: Saturday, October 06, 2001 5:57 PM
> To: classicrendezvous@bikelist.org
> Subject: [CR]Teledyne BB
>
>
> I'm building up a Teledyne Titan. It uses an english threaded bottom
> bracket. I just received in the mail a pair of "thin" BB
> cups. With the
> spindle I have, 70-SS, there is too much play when the cups
> are tightened.
> Do I need "thick" cups? The problem is either cups that are
> too thin or a
> spindle with races not far enough apart. Can any Teledyne
> experts tell me
> which is the required combination of cups and spindle. Thanks, Rod
> Handsfield Las Vegas