here is a recipe from an old 1943 American Rifleman magazine. The article listed 10 pounds tallow, 10 pounds paraffin and 5 pounds beeswax as the factory recipe for outside-lubricated bullets.
With these specific ingredients, you'll make a black powder lubricant with a variety of uses: felt wads, patches, lead bullets in muzzleloaders and black powder cartridge guns, etc.
Of course, you don't need 25 pounds of lubricants.
MAKING THE BEST LUBRICANT
Measure out:
Mutton tallow @ 200 grams
Canning paraffin @ 200 grams
Beeswax @ 100 grams
Place this amount in a wide mouth, one quart Mason jar. Place the jar into a pot containing four or five inches of boiling water for a double-boiler effect. This is the safest way to melt waxes and greases. Just in case of a fire, keep a box of Baking Powder handy --- but away from any flame area so you can get to it.
When the ingredients are thoroughly melted, stir well with a clean stick or disposable chopstick.
Remove from heat. Allow the lubricant to cool at room temperature. Hastening cooling by placing in the refrigerator may cause the ingredients to separate. When cool and hardened, screw the cap down tight on the jar and store in a cool, dry place.
then for lubricating wads use about 2 tablespoons per 100 wads place in a container and add wads melt the indigents the same as above. when melted stir contents so as the wads will absorb the lube sit aside to cool and dry.