Fred, it is very common, it comes up here all the time, although it is usually described as being tan in color due to the rust mixed in. All tractors and most machines have usually gotten condensation in their housings regularly but it is driven off by the heat generated the next time it is used. Modern hydraulic oil with all the additives that it has now will absorb oil much faster than the old hydraulic oil that was in use when these old tractors were built. The frothy oil of course doesn't lubricate anywhere near as well as straight oil.
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Today's Featured Article - The David Brown Rose Badge - by Samuel Kennedy. In the 13th century civil war was raging in England. Two English noblemen were involved in a conflict which became known as the War of the Roses. The Duke of York had as his emblem a white rose and the Earl of Lancaster had a red rose. Today the white rose is the official emblem of the county of Yorkshire and the red rose has been adopted by the neighboring county of Lancashire.
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