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The transmission fluid around in the 80s (dextron 2) was rated at about the same viscosity of a 10 weight oil. If you have old, early 60s solexes with a little slide weight suspended in a column of oil, either 10w oil or transmission fluid was recommened.
Transmission fluid is one of the slimiest things I've ever had the pleasure of getting stuck in my hair. That doesn't make it a great lubricant. It will indeed allow things to slip and slide, but not necessarily for a long time.
No reason not to use it where you suggested, unless of course, you have the "right" lubricant on hand. In the case of the hings, something heavier (grease) is needed.
-CTH
PS. I presume modern tranny fluid is the same viscosity.
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