Stippling basically doesn't work on wood. The last I knew you could get checkering files from Brownells. I bought a twenty line per inch and thirty line per inch for about twenty bucks apiece in the nineties. The checkering files are just for layout you will need a riffling file or three too and to do a decent job you have to do one line at a time, by hand. Not a task a lathe lends itself to well. A metal lathe that could cut threads would be needed and it would still be a royal pain.
I have seen cheap house cues that were lightly checkered. No name on them that I recall. Finding one of these and deepening the grooves with a riffling file would probably be the cheapest way to test the idea.
Hu
I was rounding down a square a while back and was going pretty fast with the power feed and it ended up looking like this. My son said you should make a handle like that - I informed him it would be nearly impossible to get the consistency with the equipment I have. I think a CNC would work though. Just not willing to the time into it.