Last week at the NAWCC NW Regional I purchased a nice Perton watchmakers lathe. I wanted to clean it up and make sure it was properly cleaned and lubricated. During disassembly I noticed that the shaft ran on two bronze or brass split bushings that were full of what appeared to be gunk and dirt. Later while removing this material the thought occurred to me that the material/gunk might be some sort of fiber or leather wicking, as I discovered the split bushings matched up with drilled oil galleries that went down to the oil cups (see photos). Do you know if this material is supposed to be there and what it is? Any idea what weight oil to use?
Steve