<p>WOOD LATHE CUTTING TOOL A cutting tool for wood turning lathes comprises a unitized elongated bar-like assembly which is operated in a vertical plane without the need for the customary tool rest. Control and safety are enhanced. The cutting tool has an adjustable rocker foot at its lower end enabling the height of the tool cutting bits to be adjusted relative to the turning work. A hit holder containing plural circumferentially spaced bits is locked removably between two body members and it is merely necessary to rotate the cutting tool on its longitudinal axis for bringing a new bit into engagement with the work.</p>