I bought one of those lumps too. (Don't think the cup survived.) I keep 
some in the basement shop and some in the garage shop. 
If I'm building a wheel, I'll first drag the threaded ends across the wax 
to ease building and maybe give some thread locking, but more in hopes of 
keeping moisture from being forced into the junction of spoke and nipple 
threads as the wheel spins.
It's very good stuff for putting on any threaded fastener or hook that goes 
into wood. Much easier, even with a battery-powered, handheld drill.

David Lipsky
Berkeley, CA


On Thursday, June 18, 2020 at 1:10:13 PM UTC-7, Patrick Moore wrote:
>
> I bought one of the original Dixie Cups of beeswax from Rivendell as long 
> as 20 or 25 years ago, and could never find a real use for it: Loctite is 
> easier and works perfectly for threads, I prefer the way the little 
> squishable aluminum end caps look on cable ends, and Johnson's Paste Wax or 
> the lotion I use on my leather chairs works better for my (Flite) saddles.
>

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