Yes, thats it. Do not use alcohol. Use mineral spirits or naphtha. Get some PB Blaster in a spray can. Download the Selectric manuals on the free Yahoo Group "golfballtypewritershop" Getback in touch with me and I can show exactly where the latch is.

You used drug store alcohol, didn't you. It said rubbing alcohol, 70% or 90% on the bottle. That extra 10-30% is water or lanolin.I'm an ex typewriter repairman. I've got about 35 years expierence fixing typewriters. Do not listen to Collectors. Collectors are just that, Collectors. They are not repairmen. Never use alcohol when cleaning a typewriter except to clean a platen. They either cause rust,(the alcohol will evaporate but leave the water) or remove paint or melt plastic.Worse yet, it doesn't do the job. Rubbing alcohol will eventually gum up the machine. Drug store alcohol has water in it and will cause the segment to rust. Hardware store has acetones and keytones in in that may clean some, remove some of the grime, but doesn't remove it all. It will also melt plastic and remove paint. 2 other things you don't want in your typewriter are WD-40 and 3 in 1 oil. Made by the same company, WD-40 has vasoline and pariffin in it. OK, what do we do with a rusty segment?  You have 2 choices. Naphtha or mineral spirits. You'll need an acid brush. You may be able to get straight naphtha from a chemical supply dealer or the easiest way is to get a can of Zippo Lighter fluid or a can of PB Blaster. These are both naphtha. Or, you can try white mineral spirits. This is also known as Varsol, Stoddards Formula, or Inhibisol. Spray or pour either on the segment and start cleaning the slots with the acid brush. Once you seem to have the slots clean. Spray or pour a little more and raise and lower each typebar by hand to make sure they are loose. If you have a cover or a case to keep the dust out of the typewriter you may use a little Marvel Mystery Oil. I know, you don't use oil on the segment, but yours is starting to rust already. Yes, it IS best to keep them dry. Keep the machine covered. I have found that Marvel last a very long time. Since you don't have a shop, this is the best you can do at home.

Woodstock Typewriters were made in Woodstock Ill. at first. Woodstock Ill. also produced the Emerson and the Oliver Typewriters. They were owned by Sears Roebuck and Co. They were sold by their catalog. They would knock off $33.00 off the price ($100.00) if the buyer would demonstrate it to their friends and get written testimonials.Sometime during the 20's they moved their whole operation to Chicago. Sears payed for the shipping and this was their major shipping hub. They were highly successful and considered a high end machine. They may have invented the first 4 bank machine. Sears also owned the Harris Visable and later aquired a partial ownership of Smith Carona. The Emerson was owned by Roebuck himself. Failed terribly. It was a side striker instead of a basket. It had the bad habit of loosing it's typeface off the typebar while typing. Only about 20,000 were ever made. So if you ever find an Emerson, you've got a real collectors item.

I'm an ex IBM Serviceman. The symbol keyboards were made for export. Mostly made in Canada. From time to time you'll find keyboards with different color keygroups. These were made for data entry.

It's called a cord tensioner pulley. You can get repair kits from Coleman Mfg. Also you can get free IBM Parts/ Adjustment Manual and maintenance manual by joining the the free Yahoo Group "golfballtypewritershop" and downloading them. It's mostly made up of ex IBM Typewriter Techs. like me.