I would not use the cornhead grease in a Merc lower unit. Use the Lubriplate 105 that is recommended.
Cornhead grease is recommended (by myself and many others) for rowboat motors and other antiques that don’t have any seals in the lower units where most people were using the Lubriplate. The 105 possesses properties that make it desirable for Merc shifting lower units, as the grease is thinner and can flow to the bearings as necessary. Hope this helps.
best,
PM T2
He's livin' in his own private Idaho..... I hope to go out quietly in my sleep, like my grand-dad did..... and not screaming, like the passengers in his car...