I just dug an old Raleigh Tourist out of my garage. Not touched in 20 years. The 3-speed hub was frozen of course, but a little WD-40 took care of that. It now shifts well. My question is this: does the light motor oil recommended for the shift mechanism also lubricate the balls and cones of the axle? I greased the front hub (no oil hole on this model), but I don't see any obvious way of greasing the rear balls and cones.
This bike rides wonderfully – like a 59 Cadillac, which it resembles in more ways than one.
Sturmey Archer axle bearings are lubricated by the oil that is pumped into the fitting on the hub. Use a couple of tablespoons of SAE 10 or 20 wt. motor oil. Preferably non-detergent monograde. Be sure to use heavy grease on the little roller chain on the end of the indicator spindle. This is a rapidly wearing part.