I've never done so meticulously because I didn't see the need for it. I just lubricated the sprocket and a little on the chain - then cranked it, and the oil distributed itself. Need to try it again on your recommendation since you say it's been working for 60+ yearsI clean my chain with white spirit to get all the crud off, a good through wipe down and then a lube on each pin with this. Has worked well for 60 odd years.
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