[ Ref. Holtzer-Cabot Nickelodeon Motor Lubrication

There are alternatives to the old motor bearings.  One is using "Oilite"
bushings, some player motors might have these fitted.  I have had some
good experience with them.  They still need periodic lubrication and
general cleaning, but at a lesser rate.  The other bearing is "Iglide",
a self-lubricating and maintenance-free Polymer bushing, and low cost.

The availability of these privately, other than commercial purchase,
could be difficult.  The web sites for these are

  http://www.OILITE.com/  and http://igus.com/   (Iglide)

Steve Bentley
Vancouver, British Columbia, Canada - where the winter is still
in full force!