Discussing this with an old timer this week end and he swears Chev. came out with a TSB in the early sixties calling for regular chassis grease in steering boxes, to stop leaks and gear oil migration up the column.
1953 Chevrolet 3100261 cu inch, sm420, 3.55 rear, torque tube still,omaha orange, still 6 volt, RPO green glass, side carrier spare, all done
In the DITY GalleryVideo of the 261 running1964 GMC 1000305 Big Block V6, sm420, the next cab off restoration