All a drill quill needs for lube is some is motor oil not the top grade ,some 10/40 part synthetic is ok and readily available ,Thats all the plain sleeve of the quill on my Fobco drill has had since new (1968) Why go to extremes with lots of fancy sounding oils which are not needed,I have used the specified Hydraulic oil on my square head Colchesters as it can be bought easily in bulk ie 25 litres and cheaper than motor oil.The designs of our model engineering machine tools dates back to the 1950/60/s. just think ,millions of BMC engines and gearboxes used the same oil,similarly a lot of motor cycles used straight 30 oil in their gearboxes so why not use motor oil in our machine tools,though I would not use anything lower than a viscosity of 10 w . One oil to avoid on slideways is the so called heritage and classic oils equivalent to 1920/30/s motor oils,they are ok on machine tools where there is no contact with soluble oil,when those oils are used on lathe slides with a pumped supply of slurry the oil stiffens and the saddle does not slide easily,yet there is no problem with a cheap 10/40 motor oil.