I just mixed up some lube with lard as opposed to mutton tallow.
Since lard is less viscous than mutton tallow, it appears that the revised mix should be 1 part lard to 2 parts beeswax. That gives me about the right consistency. Of course this must be taken into account when calculating the cost of the lube.
These two mixes are pretty stiff.
My reading of history convinces me that most bad government results from too much government. Thomas Jefferson