I made some for my small Perris lathe, Nobby, as shown on the bottom third of this page. Easy to make, and they seem to work well, with the oil siphoning slowly through to the spindle bearings,
You can test the principle with a small container such as a bottle top, a saucer and a bit of wool. Stand the container in the saucer, half fill it with oil, and arrange the wool with one end in the oil and the other lying on the saucer. After a while, the container will be empty and there will be a pool of oil in the saucer.
Andy
Edit: I thought I had replied to this last night, and now see that I did, you having posed the question twice.
Edited By Andyf on 24/11/2012 08:36:52