LOW PRESSURE DERIVED MIXED PHOSPHOROUS- AND SULFUR-CONTAINING REACTION PRODUCTS USEFUL IN POWER TRANSMITTING COMPOSITIONS AND PROCESS FOR PREPARING SAME

Abstract: A phosphorous- and sulfur-containing additive and its use to impart anti-wear and/or antioxidant properties to oleaginous compositions such as fuels and lubricating oils, particularly power transmission compositions, such as automatic transmission fluids, is disclosed. The additive comprises a mixture of products formed by simultaneously reacting (1) a beta-hydroxy thioether, such as thiobisethanol, and (2) a phosphorous-containing reactant, such as tributyl phosphite. The reaction is carried out under reduced pressure conditions (e.g., -40 KPa to -100 KPa) to limit the amount of thioether species in said additive to less than about 45 mole %.

Description: LOW PRESSURE DERIVED MIXED PHOSPHOROUS- AND SULFUR- CONTAINING REACTION PRODUCTS USEFUL IN POWER TRANSMITTING COMPOSITIONS AND PROCESS FOR PREPARING SAME BACKGROUND OP THE INVENTION The present invention relates to a hydrocarbon soluble or dispersible mixture of phosphorous- and/or sulfur-containing reaction products, their method of preparation, and their utility as antiwear and anti- oxidation additives for oleaginous compositions such as fuel oils, lubricating oils, including power transmis¬ sion fluids and crankcase oils, and to the oleaginous compositions in which they are contained. The lubrication of modern mechanical equipment requires that the lubricating oil possess excellent resistance to oxidation as well as the ability to protect metal surf ces in sliding or rolling contact from wear. These properties are vital to the success of any lubricating oil. Additives which improve the resistance of base lubricating oils to oxidation and extend the life of the equipment are of great importance. Oxidation in lubricating oils manifests itself as an increase in acidity of the oil, increase in oil viscosity, and formation of insoluble products which appear as a sludge. Acidity in the oil is detrimental as it eventually leads to attack of the metal parts in the form of rusting or corrosion. Parts made of the yellow metals, copper, brass and bronze are especially susceptible to this type of attack. Increasing oil LOW PRESSURE DERIVED MIXED PHOSPHOROUS- AND SULFUR- CONTAINING REACTION PRODUCTS USEFUL IN POWER TRANSMITTING COMPOSITIONS AND PROCESS FOR PREPARING SAME BACKGROUND OP THE INVENTION The present invention relates to a hydrocarbon soluble, or dispersible mixture of phosphorous- and/or sulfur-containing reaction products, their method of preparation, and their utility as antiwear and anti- oxidation additives for oleaginous compositions such as fuel oils, lubricating oils, including power transmis¬ sion fluids and crankcase oils, and to the oleaginous compositions in which they are contained. The lubrication of modern mechanical equipment requires that the lubricating oil possess excellent resistance to oxidation as well as the ability to protect metal surfaces in sliding or rolling contact from wear. These properties are vital to the success of any lubricating oil. Additives which improve the resistance of base lubricating oils to oxidation and extend the life of the equipment are of great importance. Oxidation in lubricating oils manifests itself as an increase in acidity of the oil, increase in oil viscosity, and formation of insoluble products which appear as a sludge. Acidity in the oil is detrimental as it eventually leads to attack of the metal parts in the form of rusting or corrosion. Parts made of the yellow metals, copper, brass and bronze are especially susceptible to this type of attack. Increasing oil •fluid producers for many years. The attention stems from the fact that the friction requirements of these fluids are unique and depend on the transmission and clutch or brake design, as well as on the type of friction materials used. As is also well known, oxidation, wear and friction can be controlled through the addition of suitable additives with varying degrees of success. While there are many known additives which may be classified as anti-wear, or friction modifying agents, it is also well known that many of these additives act in a different physical or chemical manner and often compete with one another, e.g., they may compete for the surface of the moving metal parts which are subjected to lubrication. Accordingly, extreme care must be exercised in selection of these additives to insure compatibility and effectiveness. Both anti-wear and friction modifying agents function by forming a coating on the surface of the moving parts. The coating may be physically adsorbed or it may actually be bonded chemically to the surface. Consequently, if the association between the anti-wear agent and the metal part is stronger than the associ¬ ation between the friction modifying agent and the metal part, the anti-wear agent will displace the friction modifying agent at the metal surface, i.e. at the metal/fluid interface, and friction control will be lost. Various tests have been designed by automatic transmission manufacturers for measuring ATF friction and anti-wear properties. These tests are used to evaluate the performance of additives and fluids in view of the requirements of particular transmission designs and their ability to impart transmission durability and smooth shifting under a variety of road conditions. Frictional performance is typically evaluated on an SAE No. 2 friction apparatus. In this test, a test •fluid producers for many years. The attention stems from the fact that the friction requirements of these fluids are unique and depend on the transmission and clutch or brake design, as well as on the type of friction materials used. As is also well known, oxidation, wear and friction can be controlled through the addition of suitable additives with varying degrees of success. While there are many known additives which may be classified as anti-wear, or friction modifying agents, it is also well known that many of these additives act in a different physical or chemical manner and often compete with one another, e.g., they may compete for the surface of the moving metal parts which are subjected to lubrication. Accordingly, extreme care must be exercised in selection of these additives to insure compatibility and effectiveness. Both anti-wear and friction modifying agents function by forming a coating on the surface of the moving parts. The coating may be physically adsorbed or it may actually be bonded chemically to the surface. Consequently, if the association between the anti-wear agent and the metal part is stronger than the associ¬ ation between the friction modifying agent and the metal part, the anti-wear agent will displace the friction modifying agent at the metal surface, i.e. at the metal/fluid interface, and friction control will be lost. Various tests have been designed by automatic transmission manufacturers for measuring ATF friction and anti-wear properties. These tests are used to evaluate the performance of additives and fluids in view of the requirements of particular transmission designs and their ability to impart transmission durability and smooth shifting under a variety of road conditions. Frictional performance is typically evaluated on an SAE No. 2 friction apparatus. In this test, a test increased. The ability of an ATF to sustain such desired friction properties is referred to herein as friction stability or durability. A high level of friction stability is difficult to achieve with ATFs containing certain anti-wear agents. It is believed that as the ATF ages under the influence of the heat of friction, the anti-wear agent can break down and the decomposition products displace conventional friction modifiers at the metal/fluid interface. As a result, the fluid may exhibit varying friction properties. Attempts to improve friction stability by simply adding more friction modifier have not met with success because this tends to reduce the breakaway static torque (Tg) of the fluid. This parameter when expressed as the breakaway static torque (Ts) reflects the relative tendency of engaged parts, such as clutch packs, bands and drums, to slip under load. If this value is too low, the slippage can impair the driveability and safety of the vehicle. Transmission designs have undergone radical changes, thereby necessitating the formulation of ATF additives capable of meeting new and more stringent requirements needed to match such design changes. No base oil alone can even approach the many special properties required for ATF service. Therefore, it is necessary to employ several chemical additives, each of which is designed to impart or improve a specific property of the fluid. Consequently, it becomes particularly advantageous when one additive can perform more than one function, thereby reducing the number of additives needed to be present in the formulation. Accordingly, there has been a continuing search for new additives possessed of one or more properties which render them suitable for use in ATF compositions, as well as other oleaginous compositions. There also has been a search for new combinations of additives which not only provide ATF compositions, as well as increased. The ability of an ATF to sustain such desired friction properties is referred to herein as friction stability or durability. A high level of friction stability is difficult to achieve with ATFs containing certain anti-wear agents. It is believed that as the ATF ages under the influence of the heat of friction, the anti-wear agent can break down and the decomposition products displace conventional friction modifiers at the metal/fluid interface. As a result, the fluid may exhibit varying friction properties. Attempts to improve friction stability by simply adding more friction modifier have not met with success because this tends to reduce the breakaway static torque (Tg) of the fluid. This parameter when expressed as the breakaway static torque (Tg) reflects the relative tendency of engaged parts, such as clutch packs, bands and drums, to slip under load. If this value is too low, the slippage can impair the driveability and safety of the vehicle. Transmission designs have undergone radical changes, thereby necessitating the formulation of ATF additives capable of meeting new and more stringent requirements needed to match such design changes. No base oil alone can even approach the many special properties required for ATF service. Therefore, it is necessary to employ several chemical additives, each of which is designed to impart or improve a specific property of the fluid. Consequently, it becomes particularly advantageous when one additive can perform more than one function, thereby reducing the number of additives needed to be present in the formulation. Accordingly, there has been a continuing search for new additives possessed of one or more properties which render them suitable for use in ATF compositions, as well as other oleaginous compositions. There also has been a search for new combinations of additives which not only provide ATF compositions, as well as carbon atoms in R and Ri is at least about twelve. U.S. Patent 2,522,512 relates to a process for preparing non-mineral oil base sulfur containing lubricating compositions, wherein a sulfur compound is mixed with a dialkenylether and heated in the presence of a minor amount of a catalyst to form a mixture of polymeric linear adducts of the reactants, and wherein the fraction which volatilizes below 160°C. at 1 cm. mercury pressure is recovered from the polymeric adducts as product. The sulfur compound has the general formula: R-S-R wherein both R's are selected from the group consisting of hydrogen atoms and alkyl radicals, and at least one R is a hydrogen atom. The catalyst is selected from the group consisting of dialkylperoxides and alkyl hydroperoxides. The polymeric product contains compounds having units of the general configuration -S-R-X-R- wherein X is either S or 0, depending upon whether an ether or thioether reactant was used, and each R is an organic radical, preferably a saturated hydrocarbon radical. U.S. Patent 2,562,144 discloses lubricating compositions containing one or more reaction products. One of the reactants is a polyether of the general formula Rl[0-R-S-R] n -0-R2 wherein Rj. and R2 are mercaptoalkyl or alkenyl groups and R is a saturated hydrocarbon. U.S. Patent 2,566,157 discloses a lubricant having as the major ingredient thereof mixed partially isomeric triple ethers of the general formula: carbon atoms in R and R^ is at least about twelve. U.S. Patent 2,522,512 relates to a process for preparing non-mineral oil base sulfur containing lubricating compositions, wherein a sulfur compound is mixed with a dialkenylether and heated in the presence of a minor amount of a catalyst to form a mixture of polymeric linear adducts of the reactants, and wherein the fraction which volatilizes below 160°C. at 1 cm. mercury pressure is recovered from the polymeric adducts as product. The sulfur compound has the general formula: R-S-R wherein both R's are selected from the group consisting of hydrogen atoms and alkyl radicals, and at least one R is a hydrogen atom. The catalyst is selected from the group consisting of dialkylperoxides and alkyl hydroperoxides. The polymeric product contains compounds having units of the general configuration -S-R-X-R- wherein X is either S or 0, depending upon whether an ether or thioether reactant was used, and each R is an organic radical, preferably a saturated hydrocarbon radical. U.S. Patent 2,562,144 discloses lubricating compositions containing one or more reaction products. One of the reactants is a polyether of the general formula Rl[0-R-S-R] n -0-R 2 wherein R^ and R 2 are mercaptoalkyl or alkenyl groups and R is a saturated hydrocarbon. U.S. Patent 2,566,157 discloses a lubricant having as the major ingredient thereof mixed partially isomeric triple ethers of the general formula: synthetic phosphorous- and sulfur-containing compounds which are useful as lubricating oil additives and which are characterized by the general formula: 0 ^ OR iRi P ξ— ORX 2 R2 ^"^ ORX3R3 in which R represents a saturated aliphatic C2-C3 hydrocarbon group, Xi, X2 and X3 each represent 0 or S, and Ri, R2 and R3 each represent a Cι-Cιg alkyl group or a series of saturated aliphatic hydrocarbon groups interlinked by 0 or S atoms. U.S. Patent 2,874,192 describes the preparation of mercaptals of long chain hydrocarbon aldehydes and their use as synthetic lubricating oils or anti- oxidants. Compounds of the general formula (RS)2CHR' are produced wherein R is a hydrocarbon radical derived from the mercaptan and R * is a hydrocarbon radical derived from the aldehyde. R and R * are both independently long chain (Cβ to C30) hydrocarbons. U.S. Patent 2,960,523 discloses phosphoric ester derivatives of hydroxylakyl vinyl sulfides having the general formula: where A is a C2-C5 alkylene group, and Ri and R each are C1-C4 alkyl groups. The disclosed ester derivatives can be copolymerizable with various acrylic esters to provide copolymers which have utility as flame-proofing agents for textiles and paper products. U.S. Patent 3,135,804 relates to polyether- synthetic phosphorous- and sulfur-containing compounds which are useful as lubricating oil additives and which are characterized by the general formula: 0 OR iRi li P ORX 2 R2 ^ ORX3R3 in which R represents a saturated aliphatic C2-C3 hydrocarbon group, X f 2 and X3 each represent 0 or S, and Ri, R and R3 each represent a Ci-Ciβ alkyl group or a series of saturated aliphatic hydrocarbon groups interlinked by 0 or S atoms. U.S. Patent 2,874,192 describes the preparation of mercaptals of long chain hydrocarbon aldehydes and their use as synthetic lubricating oils or anti- oxidants. Compounds of the general formula (RS)2CHR- are produced wherein R is a hydrocarbon radical derived from the mercaptan and R' is a hydrocarbon radical derived from the aldehyde. R and R' are both independently long chain (Cg to C30) hydrocarbons. U.S. Patent 2,960,523 discloses phosphoric ester derivatives of hydroxylakyl vinyl sulfides having the general formula: where A is a C2-C5 alkylene group, and Ri and R 2 each are C1-C4 alkyl groups. The disclosed ester derivatives can be copolymerizable with various acrylic esters to provide copolymers which have utility as flame-proofing agents for textiles and paper products. U.S. Patent 3,135,804 relates to polyether- lubricating composition comprising an aromatic amine and an organic thiophosphite or thiophosphonate having the formula: , - ~ n R 2 -X 2 n-P - * "n Xn *3 wherein X is 0 or S, at least one X being S; n is 0 or 1, but at least three n's being 1; and Ri, R and R3 are alkyl or aromatic groups. The organic thiophosphite or thiophosphonate functions as an anti- oxidant. U.S. Patent 3,426,075 relates to mixed polyphenyl ethers-thioethers useful as synthetic lubricants. These compounds are prepared by reacting sodium or potassium salts of thiophenols with halogen containing diphenyl ethers to produce compounds of the structure: R-S-Ri-O-Ri-S-R wherein R and R are phenyl or substituted phenyl i.e. containing phenoxy or thiophenyl substituents. R and Rl are limited to phenyl. U.S. Patent 3,450,771 describes the process for producing organic sulfides from the reaction of ercaptans with alcohols. The process consists of reacting mercaptans of the formula R-SH with alcohols of the formula R'-OH at a temperature of 100 to 300°C in the presence of an alkali metal hydroxide to produce organic sulfides of the formula R-S-R' wherein R and R' are hydrocarbyl radicals. U.S. Patent 3,660,497 discloses dodecylether- ethyl sulfides of the general formula: Cl2H25(OCH 2 CH 2 ) x -S-R 11 lubricating composition comprising an aromatic amine and an organic thiophosphite or thiophosphonate having the formula: -, - ~ n R 2 -X 2 n-P = x n Xn 3 wherein X is 0 or S, at least one X being S; n is 0 or 1, but at least three n's being 1; and Ri, R2 and R3 are alkyl or aromatic groups. The organic thiophosphite or thiophosphonate functions as an anti- oxidant. U.S. Patent 3,426,075 relates to mixed polyphenyl ethers-thioethers useful as synthetic lubricants. These compounds are prepared by reacting sodium or potassium salts of thiophenols with halogen containing diphenyl ethers to produce compounds of the structure: R-S-R1-O-R1-S-R wherein R and Ri are phenyl or substituted phenyl i.e. containing phenoxy or thiophenyl substituents. R and Rl are limited to phenyl. U.S. Patent 3,450,771 describes the process for producing organic sulfides from the reaction of mercaptans with alcohols. The process consists of reacting mercaptans of the formula R-SH with alcohols of the formula R'-OH at a temperature of 100 to 300°C in the presence of an alkali metal hydroxide to produce organic sulfides of the formula R-S-R' wherein R and R' are hydrocarbyl radicals. U.S. Patent 3,660,497 discloses dodecylether- methyl sulfides of the general formula: Cl2H25(OCH 2 CH 2 ) x -S-R U.S. Patent 4,217,233 describes the use of epithio compounds as lubricant additives useful as extreme pressure or anti-wear agents. The compounds may be characterized by the formula: R-X-CH 2 -CH-CH-Q Δ I ! SY z wherein X is oxygen or sulfur; Y and Z are together a direct bond; Q is hydrogen; and R is branched or unbranched alkyl of from 8 to 22 carbon atoms (claim* 1). U.S. Patent 4,704,217 describes the use of friction modifiers of the formula: in gasoline crankcase oils wherein R is a (C1-C20) hydrocarbyl radical; R' and R * ' are divalent (C1-C10) alkylene groups; a is an integer of about 1 to about 10 and x+y is a value of about 1 to about 20. U.S. Patent 4,511,480 discloses phosphate esters of oxyalkylated thiols as corrosion inhibitors for ferrous metals in deep gas wells. The disclosed esters have the formula: 0 [RlS(R 2 0) x ]„,-P(0H) n where Ri represents allcyl, cycloalkyl, aryl, aralkyl and heterocyclic; R2 represents allcyl; x is 1-4, m is 1 or 2; n is 1 when m is 2 and n is 2 when m is 1. U.S. Patent 4,579,672 discloses lubricating compositions comprising a major portion of lubricating oil and a minor proportion of an oil soluble alkoxypolyethyleneoxy acid phosphite ester providing improved water tolerance properties to the oil. The 13 U.S. Patent 4,217,233 describes the use of epithio compounds as lubricant additives useful as extreme pressure or anti-wear agents. The compounds may be characterized by the formula: R-X-CH2-CH-CH-Q Δ I I SY z wherein X is oxygen or sulfur; Y and Z are together a direct bond; Q is hydrogen; and R is branched or unbranched alkyl of from 8 to 22 carbon atoms (claim* 1). U.S, Patent 4,704,217 describes the use of friction modifiers of the formula: in gasoline crankcase oils wherein R is a (C1-C20) hydrocarbyl radical; R' and R' ' are divalent (C1-C 0) alkylene groups; a is art integer of about 1 to about 10 and x+y is a value of about 1 to about 20. U.S. Patent 4,511,480 discloses phosphate esters of oxyalkylated thiols as corrosion inhibitors for ferrous metals in deep gas wells. The disclosed esters have the formula: 0 [R 1 S(R 2 0) x ] m -P(0H) n where Ri represents alkyl, cycloalkyl, aryl, aralkyl and heterocyclic; R2 represents alkyl; x is 1-4, m is 1 or 2; n is 1 when m is 2 and n is 2 when m is 1. U.S. Patent 4,579,672 discloses lubricating compositions comprising a major portion of lubricating oil and a minor proportion of an oil soluble alkoxypolyethyleneoxy acid phosphite ester providing improved water tolerance properties to the oil. The can be prepared by reacting a mercaptan and appropriate alkylene oxide or by reacting a terminal olefin with a compound of the formula HS-(Rι-0) n Η. The article "The Condensation of 2-Hydroxyethyl Sulfides with Alcohols and Phenols" by F. Richter, F.B. Augustine, E. roft and E.E. Reid, published in Journal of Polymer Science, Vol. XLI, pp 4076-4079, discusses the preparation of ethers by the condensation of alcohols and phenols with 2-hydroxyethyl sulfides using p-toluenesulfonic acids as catalysts. The article "Thioglycol Polymers I Hydrochloric Acid-Catalyzed Auto Condensation of Thiodiglycol M , by Woodward, Journal of Polymer Science, Vol. XLI, pp 219- 223 (1959), describes the homopolymerization of thiobisethanol with acid or dehydrating catalyst. The article "Thioglycol Polymers II Copolymerization of Thiodiglycol and Similar Thioglycols with Aliphatic Hydroxy Compounds", by Andrews et al. Journal of Polymer Science, Vol. XLI, pp 231-239 (1959), describes the acid catalyzed polymerization of thiobisethanol with an alkyl hydroxy or polyhydroxy compound. U.S. Patent 2,290,880 discloses ethers of alcohol amines which may be used as interface modifying agents in a wide variety of arts. The compounds are said to be useful in lubricating oils and the like, thus enabling the production of effective boring oils, cutting oils, drilling oils, wire drawing oils, extreme pressure lubricants and the like. U.S. Patent 3,034,907 discloses agents which are effective for hindering or retarding rust formation on iron surfaces and ice formation in the intake system of internal combustion engines. The agents which are disclosed are characterized by a content of (a) a hydrophobic organic carrier, (b) a carboxylic acid amide monocarboxylic acid, and (c) an at least equivalent amount of a hydroxyalkylated nitrogen base which contains at least one lipophilic radical. The 15 can be prepared by reacting a mercaptan and appropriate alkylene oxide or by reacting a terminal olefin with a compound of the formula HS-(Rι-0) n Η. The article "The Condensation of 2-Hydroxyethyl Sulfides with Alcohols and Phenols" by F. Richter, F.B. Augustine, E. Kroft and E.E. Reid, published in Journal of Polymer Science, Vol. XLI, pp 4076-4079, discusses the preparation of ethers by the condensation of alcohols and phenols with 2-hydroxyethyl sulfides using p-toluenesulfonic acids as catalysts. The article "Thioglycol Polymers I Hydrochloric Acid-Catalyzed Auto Condensation of Thiodiglycol", by Woodward, Journal of Polymer Science, Vol. XLI, pp 219- 223 (1959), describes the homopolymerization of thiobisethanol with acid or dehydrating catalyst. The article "Thioglycol Polymers II Copolymerization of Thiodiglycol and Similar Thioglycols with Aliphatic Hydroxy Compounds", by Andrews et al. Journal of Polymer Science, Vol. XLI, pp 231-239 (1959), describes the acid catalyzed polymerization of thiobisethanol with an alkyl hydroxy or polyhydroxy compound. U.S. Patent 2,290,880 discloses ethers of alcohol amines which may be used as interface modifying agents in a wide variety of arts. The compounds are said to be useful in lubricating oils and the like, thus enabling the production of effective boring oils, cutting oils, drilling oils, wire drawing oils, extreme pressure lubricants and the like. U.S. Patent 3,034,907 discloses agents which are effective for hindering or retarding rust formation on iron surfaces and ice formation in the intake system of internal combustion engines. The agents which are disclosed are characterized by a content of (a) a hydrophobic organic carrier, (b) a carboxylic acid amide monocarboxylic acid, and (c) an at least equivalent amount of a hydroxyalkylated nitrogen base which contains at least one lipophilic radical. The where R" is an aliphatic radical having from 2 to about 6 carbon atoms, R'O, n and X are the same as in formula (a), but at least one X is an R radical. U.S. Patent 3,705,139 discloses alkyl sulfide compounds of the formula: Rl-S-R 2 -A-(R 3 0) n Z, where Ri represents a hydrocarbyl radical having 6 to 22 carbon atoms, R 2 and R3 each represents a hydrocarbyl radical having 1 to 4 carbon atoms, A can represent nitrogen, n represents an integer in the range of 0-100, and Z can represent hydrogen. The alkyl sulfide compounds are disclosed as being anti¬ static agents. U.S. Patent 3,933,659 discloses lubricating oil composition which comprise a major amount of an oil of lubricating viscosity, and an effective amount of each of the following: (1) an alkenyl succinimide, (2) a Group II metal salt of a dihydrocarbyl dithiophosphoric acid, (3) a compound selected from the group consisting of (a) fatty acid esters of dihydric and other polyhydric alcohols, and oil soluble oxyalkylated derivatives thereof, (b) fatty acid amides of low molecular weight amino acids, (c) N-fatty alkyl-N,N diethanol amines, (d) N-fatty alkyl-N,N- di(ethoxyethanol) amines, (e) N-fatty alkyl-N,N-di- poly(ethoxy) ethanol amines, and (f) mixtures thereof, and (4) a basic sulfurized alkaline earth metal alkyl phenate. Such lubricating compositions are useful as functional fluids in systems requiring fluid coupling, hydraulic fluid and/or lubrication of relatively moving parts, particularly as automatic transmission fluids. 17 where R" is an aliphatic radical having from 2 to about 6 carbon atoms, R'O, n and X are the same as in formula (a), but at least one X is an R radical. U.S. Patent 3,705,139 discloses alkyl sulfide compounds of the formula: Rl-S-R 2 -A-(R 3 0) n Z, where Ri represents a hydrocarbyl radical having 6 to 22 carbon atoms, R2 and R3 each represents a hydrocarbyl radical having 1 to 4 carbon atoms, A can represent nitrogen, n represents an integer in the range of 0-100, and Z can represent hydrogen. The alkyl sulfide compounds are disclosed as being anti¬ static agents. U.S. Patent 3,933,659 discloses lubricating oil composition which comprise a major amount of an oil of lubricating viscosity, and an effective amount of each of the following: (1) an alkenyl succinimide, (2) a Group II metal salt of a dihydrocarbyl dithiophosphoric acid, (3) a compound selected from the group consisting of (a) fatty acid esters of dihydric and other polyhydric alcohols, and oil soluble oxyalkylated derivatives thereof, (b) fatty acid amides of low molecular weight amino acids, (c) N-fatty alkyl-N,N diethanol amines, (d) N-fatty alkyl-N,N- di(ethoxyethanol) amines, (e) N-fatty alkyl-N,N-di- poly(ethoxy) ethanol amines, and (f) mixtures thereof, and (4) a basic sulfurized alkaline earth metal alkyl phenate. Such lubricating compositions are useful as functional fluids in systems requiring fluid coupling, hydraulic fluid and/or lubrication of relatively moving parts, particularly as automatic transmission fluids. which is a derivative of a substituted succinic acid, and a demulsifier. The demulsifier may comprise, for example, an Ethomeen, but the preferred demulsifiers are polyoxyalkylene polyols and derivatives thereof. U.S. Patent 3,254,025 relates to boron containing acylated amines and lubricating compositions containing them, the amines are produced by reacting a polymer substituted succinic anhydride containing at least about 50 aliphatic carbon atoms with an amine and then reacting this acylated amine product with boron. U.S. Patent 3,502,677 relates to substituted polyamines which are useful as additives in lubricating compositions, fuels, hydrocarbon oils and power- transmitting fluids. The substituted polyamines are prepared by reacting an alkylene polyamine with a substantially hydrocarbon-substituted succinic acid- producing compound and a phosphorous acid-producing compound. U.S. Patent 4,615,818 describes oil-soluble sulfurized organic compounds represented by the formula: RS x Ri wherein R and Ri are organic groups. Examples of these organic groups include hydrocarbon groups or substituted hydrocarbon groups containing alkyl, aryl, aralkyl, alkaryl, alkanoate, thiazole, imidazole, phosphorothionate, betaketoalkyl groups, etc. The substantially hydrocarbon groups may contain other substituents such as halogen, amino, hydroxyl, mercapto, alkoxy, aryloxy, thio, nitro, sulfonic acid, carboxylic acid, carboxylic acid ester, etc. U.S. Patent 4,664,826 relates to metal salt esters of hydrocarbyl substituted succinic acid or anhydride, such as octadecenyl succinic anhydride, and alkanols, such as thiobisethanol, which are capable of exhibiting friction modification, oxidation inhibition, and corrosion inhibition properties in power 19 which is a derivative of a substituted succinic acid, and a demulsifier. The demulsifier may comprise, for example, an Ethomeen, but the preferred demulsifiers are polyoxyalkylene polyols and derivatives thereof. U.S. Patent 3,254,025 relates to boron containing acylated amines and lubricating compositions containing them, the amines are produced by reacting a polymer substituted succinic anhydride containing at least about 50 aliphatic carbon atoms with an amine and then reacting this acylated amine product with boron. U.S. Patent 3,502,677 relates to substituted polyamines which are useful as additives in lubricating compositions, fuels, hydrocarbon oils and power- transmitting fluids. The substituted polyamines are prepared by reacting an alkylene polyamine with a substantially hydrocarbon-substituted succinic acid- producing compound and a phosphorous acid-producing compound. U.S. Patent 4,615,818 describes oil-soluble sulfurized organic compounds represented by the formula: RS x Rι wherein R and Ri are organic groups. Examples of these organic groups include hydrocarbon groups or substituted hydrocarbon groups containing alkyl, aryl, aralkyl, alkaryl, alkanoate, thiazole, imidazole, phosphorothionate, betaketoalkyl groups, etc. The substantially hydrocarbon groups may contain other substituents such as halogen, amino, hydroxyl, mercapto, alkoxy, aryloxy, thio, nitro, sulfonic acid, carboxylic acid, carboxylic acid ester, etc. U.S. Patent 4,664,826 relates to metal salt esters of hydrocarbyl substituted succinic acid or anhydride, such as octadecenyl succinic anhydride, and alkanols, such as thiobisethanol, which are capable of exhibiting friction modification, oxidation inhibition, and corrosion inhibition properties in power wherein x is 1 or greater; y is zero or greater; R and Rl are hydrocarbyl groups; A is an alkylene group; and at least one of R and R contains at least five carbon atoms. In an article "Nucleophilic Substitution of Hydroxyl Groups in 2-Alkyl (Aryl)-Thioethanols", published by Fokin et al in the Bull. Acad. Sci. U.S.S.R. Div. Chem. Sci. 1982, Page 1667, there is described the ho ocondensation of 2-alkylthioethanols. It is also disclosed in the Fokin article that the 2- alkylthioethanol may be reacted with an alcohol under catalysis by strong mineral acids, to give a product containing both sulfur and ether linkages. The mineral acid catalysts disclosed in the Fokin article include HC1, H3PO4, H2SO4, 4-CH3C6H4SO3H, HBF2, HCIO4 and H0S0 2 F. Aromatic sulfur-containing compounds containing beta-hydroxy groups and their reaction properties are also discussed in the Fokin article. The Fokin paper does not discuss any particular utility or special advantage for the compositions described therein. PCT application WO 88/03554 relates to phosphorous- and/or nitrogen-containing derivative compositions which are useful in fuels, and in lubricating and functional fluid compositions. The derivative compositions comprise a phosphorous- and/or nitrogen-containing derivative composition of sulfur- containing compounds prepared by reacting at least one sulfur composition with either a di- or trihydrocarbyl phosphite, an amine compound containing at least one NH or NH 2 group, or a combination of such phosphite and amine. The sulfur compositions which may be reacted with the phosphite, amine or a combination of phosphite and amine may be characterized by the formula 21 wherein x is 1 or greater; y is zero or greater; R and Rl are hydrocarbyl groups; A is an alkylene group; and at least one of R and Ri contains at least five carbon atoms. In an article "Nucleophilic Substitution of Hydroxyl Groups in 2-Alkyl (Aryl)-Thioethanols", published by Fokin et al in the Bull. Acad. Sci. U.S.S.R. Div. Chem. Sci. 1982, Page 1667, there is described the homocondensation of 2-alkylthioethanols. It is also disclosed in the Fokin article that the 2- alkylthioethanol may be reacted with an alcohol under catalysis by strong mineral acids, to give a product containing both sulfur and ether linkages. The mineral acid catalysts disclosed in the Fokin article include HC1, H3PO4, H2SO4, 4-CH3C6H4SO3H, HBF2, HCIO4 and HOSO2F. Aromatic sulfur-containing compounds containing beta-hydroxy groups and their reaction properties are also discussed in the Fokin article. The Fokin paper does not discuss any particular utility or special advantage for the compositions described therein. PCT application WO 88/03554 relates to phosphorous- and/or nitrogen-containing derivative compositions which are useful in fuels, and in lubricating and functional fluid compositions. The derivative compositions comprise a phosphorous- and/or nitrogen-containing derivative composition of sulfur- containing compounds prepared by reacting at least one sulfur composition with either a di- or trihydrocarbyl phosphite, an amine compound containing at least one NH or NH 2 group, or a combination of such phosphite and amine. The sulfur compositions which may be reacted with the phosphite, amine or a combination of phosphite and amine may be characterized by the formula •mixture which is compatible with oleaginous compositions, or it may be prepared under conditions which favor the formation of a mixture which separates on standing into a top phase, which is rich in thioether-containing species, and a bottom phase, which is rich in phosphorous-containing species, although both phases contain mixtures of species found in each phase. In such cases, both the top phase mixture and the bottom phase mixture are stable, compatible with oleaginous compositions, and do not adversely affect friction stability of automatic transmission fluids. In short, each of the single phase phosphorous- and sulfur-containing product mixtures, the thioether enriched top phase mixture, and the organo phosphorous enriched bottom phase mixture disclosed in said co- pending applications, independently, were considered to be a desirable additive for use in oleaginous compositions, particularly in power transmission fluids. It has now been found that by carrying out the reaction disclosed in said co-pending applications at a reduced pressure rather than reducing the pressure upon completion of the reaction, the overall process time can be reduced by as much as about 30%. It has been found, further, that the resulting product mixture advantageously comprises a lower amount (relative to the atmospheric reaction) of non-phosphorous-containing thioether-containing species, and, generally speaking, is characterized by a lower total acid number (TAN) . In one aspect of the present invention, a mixed reaction product is prepared by simultaneously reacting (1) a beta-hydroxy thioether reactant, and (2) phosphorous-containing reactant, and (3) optionally, a nucleophilic reactant, at a pressure on the order of about -40 KPa to about -100 KPa and a temperature of from about 70 to about 130°C. The beta-hydroxy thioether reactant (BHTE) is characterized by the formula I: 23 •mixture which is compatible with oleaginous compositions, or it may be prepared under conditions which favor the formation of a mixture which separates on standing into a top phase, which is rich in thioether-containing species, and a bottom phase, which is rich in phosphorous-containing species, although both phases contain mixtures of species found in each phase. In such cases, both the top phase mixture and the bottom phase mixture are stable, compatible with oleaginous compositions, and do not adversely affect friction stability of automatic transmission fluids. In short, each of the single phase phosphorous- and sulfur-containing product mixtures, the thioether enriched top phase mixture, and the organo phosphorous enriched bottom phase mixture disclosed in said co- pending applications, independently, were considered to be a desirable additive for use in oleaginous compositions, particularly in power transmission fluids. It has now been found that by carrying out the reaction disclosed in said co-pending applications at a reduced pressure rather than reducing the pressure upon completion of the reaction, the overall process time can be reduced by as much as about 30%. It has been found, further, that the resulting product mixture advantageously comprises a lower amount (relative to the atmospheric reaction) of non-phosphorous-containing thioether-containing species, and, generally speaking, is characterized by a lower total acid number (TAN) . In one aspect of the present invention, a mixed reaction product is prepared by simultaneously reacting (1) a beta-hydroxy thioether reactant, and (2) phosphorous-containing reactant, and (3) optionally, a nucleophilic reactant, at a pressure on the order of about -40 KPa to about -100 KPa and a temperature of from about 70 to about 130°C. The beta-hydroxy thioether reactant (BHTE) is characterized by the formula I: R 2 -S-R 5 -OH VI wherein R 2 represents a saturated or unsaturated, substituted or unsubstituted, straight or branched chain hydrocarbyl radical (typically Cg-C3o) having at most two unsaturated linkages; R3 represents a C2-C4 alkanetriyl radical; R4 represents H or a C1-C 2 saturated or unsaturated, substituted or unsubstituted, straight or branched chain hydrocarbyl radical; R5 represents a C2-C15 saturated or unsaturated, substituted or unsubstituted, straight or branched chain hydrocarbyl radical; and n represents 1-6. The heterodialkanol is characterized by the formula VII: where R5 and R7 each independently can represent hydrogen and Ci to about Cι alkyl (preferably straight chain alkyl), preferably C to about Cg alkyl, and most preferably C to about C3 alkyl; Z is a linking group selected from -S-, -S-S-, -0-, and >NRιg, wherein R g is hydrogen, C1-C4 alkyl, preferably Ci to about C3 alkyl, and monohydroxy-substituted alkyl, preferably a terminal monohydroxy-substituted alkyl, the alkyl being as described above in connection with Rg and R7; and a, b, c, and d each independently represent numbers which can vary from 1 to about 3. Preferably, Rg and R7 are the same, the numbers represented by b and d are the same, as are the numbers represented by a and c. In another aspect of the invention, the hereindescribed mixed reaction product is employed as an anti-wear additive in an oleaginous composition. The mixed reaction product, when used in combination 25 R2-S-R5-OH VI wherein R 2 represents a saturated or unsaturated, substituted or unsubstituted, straight or branched chain hydrocarbyl radical (typically C -C3o) having at most two unsaturated linkages; R3 represents a C 2 -C4 alkanetriyl radical; R4 represents H or a C -C12 saturated or unsaturated, substituted or unsubstituted, straight or branched chain hydrocarbyl radical; R5 represents a C 2 -Cιg saturated or unsaturated, substituted or unsubstituted, straight or branched chain hydrocarbyl radical; and n represents 1-6. The heterodialkanol is characterized by the formula VII: where Rg and R7 each independently can represent hydrogen and Ci to about C12 alkyl (preferably straight chain alkyl), preferably Ci to about Cg alkyl, and most preferably Ci to about C3 alkyl; Z is a linking group selected from -S-, -S-S-, -0-, and >NRιg, wherein Ri is hydrogen, C1-C4 alkyl, preferably Ci to about C3 alkyl, and monohydroxy-substituted alkyl, preferably a terminal monohydroxy-substituted alkyl, the alkyl being as described above in connection with Rg and R7; and a, b, c, and d each independently represent numbers which can vary from 1 to about 3. Preferably, Rg and R7 are the same, the numbers represented by b and d are the same, as are the numbers represented by a and c. In another aspect of the invention, the hereindescribed mixed reaction product is employed as an anti-wear additive in an oleaginous composition. The mixed reaction product, when used in combination or branched chain C2--5 allylene radical; R14 represents a straight or branched chain C1-C5 alkylene radical; X represents 0 or S; p represents 0 or 1; and q, independently, represents the same or different integer 1-4. In another embodiment of the present invention there is provided a process for improving the anti-wear and anti-oxidation properties of a lubricating oil composition which is adapted for use as a power transmitting fluid which comprises adding to said lubricating oil composition the phosphorous- and sulfur-containing mixtures of reaction products disclosed herein, in addition to an ashless dispersant and a friction modifier. In still another embodiment of the present invention there is provided a process for preparing a multifunctional lubricating oil additive by reacting together, preferably simultaneously, at a temperature of from about 70°C to about 130°C at a reduced pressure of from about -40 KPa to about -100 KPa, (1) beta- hydroxy thioether reactant and (2) organic phosphite ester reactant, the reaction being terminated when the total acid number (TAN) of the mixed reaction product is observed to be from about 10 to about 140, depending upon the identity of the organic phosphite ester reactant. In yet another aspect of the invention, there is provided a composition comprising the reaction product of a reaction mixture comprising (1) a beta-hydroxy thioether reactant represented by the formula: R-(SCH 2 CH 2 0H) X I wherein R represents an unsubstituted or substituted hydrocarbyl group and wherein x is a number from 1 to 2 which identifies the number of -SCH 2 CH 2 OH groups attached to R; and (ii) an amount of phosphorous-containing 27 or branched chain C2--5 alkylene radical; R14 represents a straight or branched chain C1-C5 alkylene radical; X represents 0 or S; p represents 0 or 1; and q, independently, represents the same or different integer 1-4. In another embodiment of the present invention there is provided a process for improving the anti-wear and anti-oxidation properties of a lubricating oil composition which is adapted for use as a power transmitting fluid which comprises adding to said lubricating oil composition the phosphorous- and sulfur-containing mixtures of reaction products disclosed herein, in addition to an ashless dispersant and a friction modifier. In still another embodiment of the present invention there is provided a process for preparing a multifunctional lubricating oil additive by reacting together, preferably simultaneously, at a temperature of from about 70°C to about 130°C at a reduced pressure of from about -40 KPa to about -100 KPa, (1) beta- hydroxy thioether reactant and (2) organic phosphite ester reactant, the reaction being terminated when the total acid number (TAN) of the mixed reaction product is observed to be from about 10 to about 140, depending upon the identity of the organic phosphite ester reactant. In yet another aspect of the invention, there is provided a composition comprising the reaction product of a reaction mixture comprising (1) a beta-hydroxy thioether reactant represented by the formula: R-(SCH2CH2θH) x I wherein R represents an unsubstituted or substituted hydrocarbyl group and wherein x is a number from 1 to 2 which identifies the number of -SCH2CH2OH groups attached to R; and (ii) an amount of phosphorous-containing Description Of Preferred Embodiments In one preferred embodiment, the phosphorous- and sulfur-containing anti-wear additives of the present invention comprise a mixture of compounds which are formed by reacting in admixture, preferably in simultaneous admixture, the following components, namely: (1) beta-hydroxy thioether reactant, and (2) organic phosphite reactant, and, optionally, (3) nucleophilic reactant. The beta-hydroxy thioether reactant is characterized by the formula I: R(SCH 2 CH 2 OH) x ' I wherein R represents an unsubstituted hydrocarbyl or a substituted hydrocarbyl group, and x is 1 or 2. As used in this specification and claims, the term "substituted -hydrocarbyl group" is meant to include hydrocarbyl groups which contain at least one pendant or internal hetero-atom containing species selected from the group consisting of hydroxy, oxy, thio, oxyalkylene and oxyalkylenethio groups. Thus, the term "substituted hydrocarbyl group" is intended to include -CH 2 CH 2 OH within its scope, but to exclude from within its scope -C(X)R 2 >, -C00R 2 ■ , -C*=N, -R3 * C SS *, - C0N(R <) or -N0 groups, wherein X is 0 or S, and wherein R , R3 and R4, independently, represent H or a hydrocarbyl group. Typically, R will be a C1-C30 (e.g», c 2~ c 5) preferably C to about Ci (e.g., Cg to Cig), saturated or unsaturated, straight or branched chain (preferably straight chain) aliphatic hydrocarbyl radical; an aromatic radical, preferably a Cg-Ci4 aromatic radical or a mixed alkaryl or aralkyl radical having from 1 to about 30 typically 1 to about 22, and preferably 1 to about 10 carbon atoms in the alkyl portion thereof; the 29 Description Of Preferred Embodiments In one preferred embodiment, the phosphorous- and sulfur-containing anti-wear additives of the present invention comprise a mixture of compounds which are formed by reacting in admixture, preferably in simultaneous admixture, the following components, namely: (1) beta-hydroxy thioether reactant, and (2) organic phosphite reactant, and, optionally, (3) nucleophilic reactant. The beta-hydroxy thioether reactant is characterized by the formula I: R(SCH 2 CH 2 OH) x ' I wherein R represents an unsubstituted hydrocarbyl or a substituted hydrocarbyl group, and x is 1 or 2. As used in this specification and claims, the term "substituted hydrocarbyl group" is meant to include hydrocarbyl groups which contain at least one pendant or internal hetero-atom containing species selected from the group consisting of hydroxy, oxy, thio, oxyalkylene and oxyalkylenethio groups. Thus, the term "substituted hydrocarbyl group" is intended to include -CH 2 CH OH within its scope, but to exclude from within its scope -C(X)R 2 >, -C00R 2 • , -C=N, -R3<C=- 4• , - C0N(R 2 -) 2 or -N0 2 groups, wherein X is 0 or S, and wherein R 2 , R3 and R4, independently, represent H or a hydrocarbyl group. Typically, R will be a C1-C30 (e-g-, C 2 -Cs), preferably C to about Cig (e.g., Cg to Cig), saturated or unsaturated, straight or branched chain (preferably straight chain) aliphatic hydrocarbyl radical; an aromatic radical, preferably a C -Ci4 aromatic radical or a mixed alkaryl or aralkyl radical having from 1 to about 30 typically 1 to about 22, and preferably 1 to about 10 carbon atoms in the alkyl portion thereof; the formula I is 1 and R is independenlty selected from -CH 2 CH 2 OH and Cg to Cig alkyl. Methods for preparing the beta-hydroxy thioether reactant are known in the art and are discussed, for example, in Reed, Organic Chemistry of Bivalent Sulfur, Vol. II (1960), published by Chemical Publishing Co., Inc., and in U.S. Patent 4,031,023, the disclosures of which are incorporated herein by reference. The beta- hydroxy thioether reactant may be prepared, for example, by heating together at a temperature of from about 140° to about 160°C an alkyl mercaptan and an epoxide compound in the presence of a basic catalyst, e.g., NaOH. Alternatively, the beta-hydroxy thioether reactant can be prepared by heating together in the presence of a free radical generator, such as benzoyl peroxide, an alkyl mercaptan such as 2-mercaptoethanol and an alpha-olefin such as 1-decene. The phosphorous-containing reactant comprises organic phosphite ester represented by at least one of the following formulas II, III or IV: P(0Ri) 3 II (trihydrocarbyl phosphite) 0 , H-P-(0Ri) 2 HI (dihydrocarbyl hydrogen phosphite) CH (monohydrocarbyl dihydrogen phosphite) wherein Ri, independently, represents the same or different C1-C30 (typically C1-C5) saturated or unsaturated, straight or branched chain aliphatic 31 formula I is 1 and R is independenlty selected from -CH 2 CH 2 OH and Cg to Ci alkyl. Methods for preparing the beta-hydroxy thioether reactant are known in the art and are discussed, for example, in Reed, Organic Chemistry of Bivalent Sulfur, Vol. II (1960), published by Chemical Publishing Co., Inc., and in U.S. Patent 4,031,023, the disclosures of which are incorporated herein by reference. The beta- hydroxy thioether reactant may be prepared, for example, by heating together at a temperature of from about 140° to about 160°C an alkyl mercaptan and an epoxide compound in the presence of a basic catalyst, e.g., NaOH. Alternatively, the beta-hydroxy thioether reactant can be prepared by heating together in the presence of a free radical generator, such as benzoyl peroxide, an alkyl mercaptan such as 2-mercaptoethanol and an alpha-olefin such as 1-decene. The phosphorous-containing reactant comprises organic phosphite ester represented by at least one of the following formulas II, III or IV: P(0Ri) 3 II ( rihydrocarbyl phosphite) (dihydrocarbyl hydrogen phosphite) (monohydrocarbyl dihydrogen phosphite) wherein R , independently, represents the same or different C1-C30 (typically C1-C5) saturated or unsaturated, straight or branched chain aliphatic The organo phosphite component (a) is the same as phosphorous-containing reactant of formulas II, III or IV described above. The hydrocarbyl thioalkanol reactant (b)(ii) is represented by at least one of the following formulas V and VI: R 2 -S-(R 3 0) n H V R 4 R2-S-R5-OH VI wherein R 2 represents a saturated or unsaturated, substituted or unsubstituted, straight or branched chain hydrocarbyl radical having not greater than about two unsaturated linkages, (preferably straight chain alkyl) typically about C -C3Q preferably about Cg-C 2 Q/ and most preferably about C10-C14 alkyl; R3 represents a C 2 -C4 alkanetriyl radical, preferably C 2 alkanetriyl; R4 represents H (most preferred) or a saturated or unsaturated, substituted or unsubstituted, straight or branched chain hydrocarbyl radical (preferably straight chain alkyl), typically about Cι-Cι , preferably Ci- C14, and most preferably Cι-Cι 2 alkyl; R5 represents a saturated or unsaturated, substituted or unsubstituted straight or branched chain hydrocarbyl radical, (preferably straight chain alkylene), typically C 2 -C3Q, preferably C 2 -C 2 Q r and most preferably C 2 -Cιg alkylene; and n represents a number from 1 to about 6, preferably 1 to about 3. Typically, n is 1 when R3 is C3 alkanetriyl and can vary from 1 to about 6, preferably 1 to about 3 when R3 is C2 alkanetriyl. When n is greater than 1, formula V is meant to express alkoxylated derivatives of thio-alkanols, such as ethoxylated derivatives. Representative examples of suitable compounds falling within the scope of the above structural formulas V and VI are shown below in Tables 1 and 2, in chart form, wherein each of the variable groups is 33 The organo phosphite component (a) is the same as phosphorous-containing reactant of formulas II, III or IV described above. The hydrocarbyl thioalkanol reactant (b)(ii) is represented by at least one of the following formulas V and VI: R 2 -S-(R 3 0) n H V R 4 R -S-R5-OH VI wherein R 2 represents a saturated or unsaturated, substituted or unsubstituted, straight or branched chain hydrocarbyl radical having not greater than about two unsaturated linkages, (preferably straight chain alkyl) typically about C -C3Q, preferably about Cg-C 2 0/ and most preferably about C1 Q -C14 alkyl; R3 represents a C 2 -C4 alkanetriyl radical, preferably C 2 alkanetriyl; R4 represents H (most preferred) or a saturated or unsaturated, substituted or unsubstituted, straight or branched chain hydrocarbyl radical (preferably straight chain alkyl), typically about Cι-Cιg, preferably Ci- C14, and most preferably Cι-Cι 2 alkyl; R5 represents a saturated or unsaturated, substituted or unsubstituted straight or branched chain hydrocarbyl radical, (preferably straight chain alkylene), typically C 2 -C3o, preferably C 2 -C 2 o, and most preferably C 2 -Cιg alkylene; and n represents a number from 1 to about 6, preferably 1 to about 3. Typically, n is 1 when R3 is C3 alkanetriyl and can vary from 1 to about 6, preferably 1 to about 3 when R3 is C alkanetriyl. When n is greater than 1, formula V is meant to express alkoxylated derivatives of thio-alkanols, such as ethoxylated derivatives. Representative examples of suitable compounds falling within the scope of the above structural formulas V and VI are shown below in Tables 1 and 2, in chart form, wherein each of the variable groups is Table 2 35 Table 2 H(-O where Rg and R7 each independently can represent hydrogen, and C]_ to about Cι 2 allcyl (preferably straight chain alkyl), preferably Ci to about Cg alkyl, and most preferably Ci to about C3 alkyl; Z is a linking group selected from -S- (preferably -S-), -S-S-, -0-, and >NRιg, wherein R is hydrogen, Cι-C 2 alkyl, preferably Ci to about Ci alkyl, and monohydroxy-substituted alkyl, preferably a terminal monohydroxy-substituted alkyl, the alkyl being as described above in connection with Rg and R7; a, b, c, and d each independently represent numbers which can vary from 1 to about 3, preferably 1 or 2. Preferably, Rg and R7 are the same, the numbers represented by b and d are the same, and the numbers represented by a and c are the same, thereby resulting in formula VII defining a bisalkanol. Preferably the heterodialkanol reactant (b) (ii) contains at least one -SCH CH 2 OH group; however, it is only necessary that at least one of the heterodialkanol reactant (b) (ii) or the hydrocarbyl thioalkanol reactant (b) (i) contain at least one -SCH 2 CH 2 OH. When the heterodialkanol does not contain an -SCH CH 2 OH group, it constitutes another species of nucleophilic reactant. When Z is -0-, formula VII can represent ethylene glycol and derivatives thereof; when Z is >NRιg, and Ri is alkyl or hydrogen, formula VII can represent a •diethanolamine and derivatives thereof; when Rig is a monohydroxy-substituted alkyl, such as -(CH 2 ) 2 OH, formula VII can represent triethanolamine and derivatives thereof. If b or d are greater than 1, then formula VII is meant to express alkoxyl ted derivatives of the heterodialkanols, such as ethoxylated derivatives. 37 HPθ VII where Rg and R7 each independently can represent hydrogen, and Ci to about Cι 2 alkyl (preferably straight chain alkyl), preferably Ci to about Cg alkyl, and most preferably C to about C3 alkyl; Z is a linking group selected from -S- (preferably -S-), -S-S-, -0-, and >NRιg, wherein Ri is hydrogen, Cι~C 22 alkyl, preferably Ci to about Cig alkyl, and monohydroxy-substituted alkyl, preferably a terminal monohydroxy-substituted alkyl, the alkyl being as described above in connection with Rg and R7; a, b, c, and d each independently represent numbers which can vary from 1 to about 3, preferably 1 or 2. Preferably, Rg and R7 are the same, the numbers represented by b and d are the same, and the numbers represented by a and c are the same, thereby resulting in formula VII defining a bisalkanol. Preferably the heterodialkanol reactant (b) (ii) contains at least one -SCH CH 2 OH group; however, it is only necessary that at least one of the heterodialkanol reactant (b) (ii) or the hydrocarbyl thioalkanol reactant (b) (i) contain at least one -SCH 2 CH 2 OH. When the heterodialkanol does not contain an -SCH CH 2 OH group, it constitutes another species of nucleophilic reactant. When Z is -0-, formula VII can represent ethylene glycol and derivatives thereof; when Z is >NRιg, and Ri is alkyl or hydrogen, formula VII can represent a • diethanolamine and derivatives thereof; when R is a monohydroxy-substituted alkyl, such as -(CH 2 ) 2 OH, formula VII can represent triethanolamine and derivatives thereof. If b or d are greater than 1, then formula VII is meant to express alkoxylated derivatives of the heterodialkanols, such as ethoxylated derivatives. (e.g., 95 to 115°C), and most preferably from about 90 to about 100°C. when a phosphorous-containing reactant of formula III or IV is employed, and from about 110 to about 118°C when a phosphorous-containing reactant of formula II is employed. The heating or soaking step is continued for a period of time of typically from about 1 to about 24 hours, preferably from about 4 to about 18 hours, and most preferably from about 7 to about 12 hours. The reaction mixture is then cooled down (over a period of from about 1 to about 4 hours) without having to undergo a separate alcohol stripping step which was employed in the process described in co- pending Serial Nos. 210,831 and 370,315 and which typically would be accomplished in a period of from about 3.5 to about 15 hours. The reaction could also be carried out continuously in a suitable vessel. It will be noted that a portion of the by-product alcohol, as illustrated hereinafter in equation 4, may function as a nucleophilic reactant that is prepared in situ, since the alcohol may react with the episulfonium cation, to yield thioether-containing species. However, since the present process is carried out under sub-atmospheric pressure conditions in the reactor, most of the by-product alcohol is continuously removed during the course of reaction. Typically, the identity of Ri of the phosphite reactant is selected to facilitate alcohol removal. A convenient way to determine completion of the reaction is to periodically monitor the reaction mixture by removing samples therefrom and subjecting the samples to infrared analysis. As the reaction proceeds, a hydrogen phosphite peak will appear (at 4.1 micron on the IR spectra) and its height will continue to grow over the course of the reaction. At the same time, the height of the hydroxyl peak (at 2.9 microns on the IR spectra) attributable to alcohol by-product and any hydroxyl-containing reactants will diminish. 39 (e.g., 95 to 115°C), and most preferably from about 90 to about 100°C. when a phosphorous-containing reactant of formula III or IV is employed, and from about 110 to about 118°C when a phosphorous-containing reactant of formula II is employed. The heating or soaking step is continued for a period of time of typically from about 1 to about 24 hours, preferably from about 4 to about 18 hours, and most preferably from about 7 to about 12 hours. The reaction mixture is then cooled down (over a period of from about 1 to about 4 hours) without having to undergo a separate alcohol stripping step which was employed in the process described in co- pending Serial Nos. 210,831 and 370,315 and which typically would be accomplished in a period of from about 3.5 to about 15 hours. The reaction could also be carried out continuously in a suitable vessel. It will be noted that a portion of the by-product alcohol, as illustrated hereinafter in equation 4, may function as a nucleophilic reactant that is prepared in situ, since the alcohol may react with the episulfonium cation, to yield thioether-containing species. However, since the present process is carried out under sub-atmospheric pressure conditions in the reactor, most of the by-product alcohol is continuously removed during the course of reaction. Typically, the identity of Ri of the phosphite reactant is selected to facilitate alcohol removal. A convenient way to determine completion of the reaction is to periodically monitor the reaction mixture by removing samples therefrom and subjecting the samples to infrared analysis. As the reaction proceeds, a hydrogen phosphite peak will appear (at 4.1 micron on the IR spectra) and its height will continue to grow over the course of the reaction. At the same time, the height of the hydroxyl peak (at 2.9 microns on the IR spectra) attributable to alcohol by-product and any hydroxyl-containing reactants will diminish. reaction temperature and typically is conducted at temperatures of from 30 to about 70°C. Otherwise, the higher molecular weight alcohol can enter into reaction with the product which may not be desirable. Typically, the higher molecular weight alcohol is added to achieve a weight ratio of Product:Alcohol of from about 80:20 to about 95:5, preferably 90:10. If phase separation does occur, the phases may be homogenized into a single phase mixture with, for example, a suitable cosolvent such as tridecyl alcohol. However, the separate phases can be used independently from one another. The reaction between the beta-thioether reactant and the phosphorous-containing reactant (and optional nucleophilic reactant) may be performed with or without a catalyst, however, it is preferable to perform the reaction in the presence of a basic catalyst such as sodium methoxide to decrease the reaction time. Other suitable basic catalysts which may be employed include, for example, sodium phenate, tertiary amines such as triethylamine or pyridine, and metal carbonates such as potassium carbonate, sodium carbonate or magnesium carbonate. In a less preferred embodiment, the reactive components can be added and mixed sequentially, provided that the mixing is complete prior to attaining the reaction temperatures specified above and provided, further, that the reaction is carried out under reduced pressure conditions, e.g., -60 KPa. The reaction may be illustrated generically by the following equation 4: 41 reaction temperature and typically is conducted at temperatures of from 30 to about 70°C. Otherwise, the higher molecular weight alcohol can enter into reaction with the product which may not be desirable. Typically, the higher molecular weight alcohol is added to achieve a weight ratio of Product:Alcohol of from about 80:20 to about 95:5, preferably 90:10. If phase separation does occur, the phases may be homogenized into a single phase mixture with, for example, a suitable cosolvent such as tridecyl alcohol. However, the separate phases can be used independently from one another. The reaction between the beta-thioether reactant and the phosphorous-containing reactant (and optional nucleophilic reactant) may be performed with or without a catalyst, however, it is preferable to perform the reaction in the presence of a basic catalyst such as sodium methoxide to decrease the reaction time. Other suitable basic catalysts which may be employed include, for example, sodium phenate, tertiary amines such as triethylamine or pyridine, and metal carbonates such as potassium carbonate, sodium carbonate or magnesium carbonate. In a less preferred embodiment, the reactive components can be added and mixed sequentially, provided that the mixing is complete prior to attaining the reaction temperatures specified above and provided, further, that the reaction is carried out under reduced pressure conditions, e.g., -60 KPa. The reaction may be illustrated generically by the following equation 4: the reactions of this invention, the hydroxyl groups contained in the sulfur-containing reactants (including substituent hydroxyl groups other than those forming part of an -SCH 2 CH OH group) , as well as the hydroxyl groups contained in the nucleophilic reactant, are capable of undergoing reaction with the phosphorous- containing reactant and episulfonium cation. It will be appreciated, further, that both the hereindescribed beta-hydroxy thioether reactant and the optional nucleophilic reactants can have multiple hydroxyl substituents. Thus, the amount of each reactant employed is influenced by the number of reactive functional groups present on each reactant. It has been found that increases in the number of hydroxyl groups on the non-phosphorous containing reactant desirably are accompanied by an increase in the amount of phosphorous-containing reactant. Accordingly, it is contemplated that typically at least about 10, preferably at least about 15 (e.g., at least about 20) mole percent, of phosphorous containing reactant, based on the total moles of reactants, will be employed. More specifically, such amounts can vary typically from about 10 to about 60, preferably from about 20 to about 50, and most preferably from about 25 to about 40 mole % of phosphorous-containing reactant, based on the total moles of reactants. The ratio of total molar equivalents of hydroxy groups in the beta hydroxy thioether reactants, such as, for example, the sulfur-containing reactants (b)(i) and (b)(ii) of formula V and VI, collectively to the moles of phosphorous contained in the phosphite reactant in the reaction mixture is controlled to be typically about 1 to 5:1, preferably about 2 to 4:1, and most preferably about 2.5 to 3.5:1. In one preferred aspect, the ratio of molar equivalents of -SCH 2 CH 2 OH groups of beta hydroxy thioether to moles of phosphorous in the phosphorous-containing reactant is from about 0.1 to 2:1 (e.g., 0.5 to 1.5:1), preferably 43 the reactions of this invention, the hydroxyl groups contained in the sulfur-containing reactants (including substituent hydroxyl groups other than those forming part of an -SCH 2 CH 2 OH group), as well as the hydroxyl groups contained in the nucleophilic reactant, are capable of undergoing reaction with the phosphorous- containing reactant and episulfonium cation. It will be appreciated, further, that both the hereindescribed beta-hydroxy thioether reactant and the optional nucleophilic reactants can have multiple hydroxyl substituents. Thus, the amount of each reactant employed is influenced by the number of reactive functional groups present on each reactant. It has been found that increases in the number of hydroxyl groups on the non-phosphorous containing reactant desirably are accompanied by an increase in the amount of phosphorous-containing reactant. Accordingly, it is contemplated that typically at least about 10, preferably at least about 15 (e.g., at least about 20) mole percent, of phosphorous containing reactant, based on the total moles of reactants, will be employed. More specifically, such amounts can vary typically from about 10 to about 60, preferably from about 20 to about 50, and most preferably from about 25 to about 40 mole % of phosphorous-containing reactant, based on the total moles of reactants. The ratio of total molar equivalents of hydroxy groups in the beta hydroxy thioether reactants, such as, for example, the sulfur-containing reactants (b)(i) and (b)(ii) of formula V and VI, collectively to the moles of phosphorous contained in the phosphite reactant in the reaction mixture is controlled to be typically about 1 to 5:1, preferably about 2 to 4:1, and most preferably about 2.5 to 3.5:1. In one preferred aspect, the ratio of molar equivalents of -SCH 2 CH 2 OH groups of beta hydroxy thioether to moles of phosphorous in the phosphorous-containing reactant is from about 0.1 to 2:1 (e.g., 0.5 to 1.5:1), preferably reactant is selected to facilitate alcohol removal by means of the reduced pressure conditions in the reaction. Compositions prepared in accordance with the invention comprise: (i) hydrocarbyl phosphorous containing product comprising at least 80 mole % of a mixture of mono- and dihydrocarbyl phosphites having within their structure at least some hydrocarbyl group represented by the formula: R-SCH CH 2 0- I' bonded directly to the phosphorous atom of the organic phosphite, said R-SCH 2 CH 2 0- group representing a residue of beta-hydroxy thioether; and optionally, (ii) non-phosphorous containing compounds having within their, structure at least one group represented by the formula: -S-CH 2 CH2-Q- I' ' wherein Q is independently selected from the group consisting of oxygen or sulfur, said Q constituting a portion of the residue derived from: (1) beta-hydroxy thioether reactant (the -SCH2CH2OH group-containing reactant or reactants) , (2) the hydrocarbyl portion of the organic phosphite reactant, (3) when present, the nucleophilic reactant, and (4) mixtures of (1) to (3); and wherein the remainder of Structure I' ' , exclusive of Q, contains residue of beta-hydroxy thioether reactant. It should be noted that the terms non- phosphorous-containing species or thioether containing species (sometimes referred to as non-phosphorous thioether-containing species), as used herein, are intended to collectively represent a material which contains at least the -S- (i.e. thioether species) but 45 •reactant is selected to facilitate alcohol removal by means of the reduced pressure conditions in the reaction. Compositions prepared in accordance with the invention comprise: (i) hydrocarbyl phosphorous containing product comprising at least 80 mole % of a mixture of mono- and dihydrocarbyl phosphites having within their structure at least some hydrocarbyl group represented by the formula: R-SCH 2 CH 2 0- I • bonded directly to the phosphorous atom of the organic phosphite, said R-SCH 2 CH 2 0- group representing a residue of beta-hydroxy thioether; and optionally, (ii) non-phosphorous containing compounds having within their structure at least one group represented by the formula: -S-CH 2 CH 2 -Q- I' ' wherein Q is independently selected from the group consisting of oxygen or sulfur, said Q constituting a portion of the residue derived from: (1) beta-hydroxy thioether reactant (the -SCH 2 CH 2 OH group-containing reactant or reactants), (2) the hydrocarbyl portion of the organic phosphite reactant, (3) when present, the nucleophilic reactant, and (4) mixtures of (1) to (3); and wherein the remainder of Structure I' ' , exclusive of Q, contains residue of beta-hydroxy thioether reactant. It should be noted that the terms non- phosphorous-containing species or thioether containing species (sometimes referred to as non-phosphorous thioether-containing species), as used herein, are intended to collectively represent a material which contains at least the -S- (i.e. thioether species) but 0 "R" - " ^ P-H XII (dihydrocarbyl hydrogen phosphite) 0 "R" A T P-S-R XIII H -^^ (hydrocarbylthyl phosphite) 0 "R". T P-R" XIV "R"- * ^ (phosphonate) wherein each "R", independently, represents the same or different residue from (i) beta hydroxy thioether reactant, i.e., R-SCH2CH2O-, (ii) nucleophilic reactant, when employed, e.g., R 2 -S-(R3θ)2- and (iii) the hydrocarbyl oxy residue from the starting phosphite reactant, e.g., Ri-O-; and R" represents residue of any of the reactants, as defined in connection with "R" with the exception that the bridging oxy group linking said "R" residue to phosphorous is absent. When "R" represents a residue of beta-hydroxy thioether reactant, it can be depicted as follows: (HOCH 2 CH S) x _ι-R-SCH CH 0- Ii wherein R is as described in connection with formula I, and wherein x is a number of 1 or 2 and x-1 identifies the number of additional -SCH 2 CH 2 OH groups which may be attached directly to R. When "R" represents beta-hydroxy thioether derived from heterodialkanol represented by formula VII, it can be depicted as follows: H VIIi wherein Rg, R7, a, b, c, d, and Z are as described in connection with formula VII. When "R" represents residue of beta-hydroxy thioether derived form formulas V and VI, it can be depicted as follows: R 2 -S-R 3 0- Vi R 4 or wherein R 2 is as described above in connection with formulas V and VI, R4 is hydrogen and R3 and R5 are -CH CH 2 -. As indicated above, of the species constituting the organic phosphorous-containing species, the monohydrocarbyl and dihydrocarbyl phosphites predominate. While the complex mixture of organic phosphorous- containing species and non-phosphorous-containing thioether species are both believed to contribute to the oxidation resistance and anti-wear performance observed to be present in the mixed reaction product, it is now believed that such performance can be maximized by limiting (e.g. minimizing) the amount of non-phosphorous-containing thioether species in the mixed reaction product to less than about 45 mole %, preferably less than about 40 mole %, and more preferably less than about 30 mole %. The formation of non-phosphorous-containing thioether species removes reactant which would otherwise be available for reaction to form the more desirable phosphite product. Thus, in the present invention, one seeks to increase phosphite product at the expense of thioether formation. However, it is preferred to have at least some non-phosphorous-containing thioether species in the mixed reaction product, although in its broader aspects, it is contemplated that the mixed reaction product may be devoid of any non-phosphorous-containing thioether species. The collective amounts of the organic phosphorous-containing species and the non-phosphorous- containing thioether species can be determined, for example, from 31 P NMR and ^C NMR analysis of the product mixture. As described in co-pending serial number 370,315, the 31 NMR measurements can be taken at 40°C on a JEOL GSX-400 NMR Spectrometer operating at 161.70 MHz. Samples would be prepared to be between 20 and 30% wt/wt in CDCI3. Standard single pulse experiments would be conducted using a preacquisition pulse delay of 6 sec and 45° observe flip angle. All broadband -H decoupling would be was gated off during preacquisition and evolution and on during data acquisition. These conditions assure that the observed signals are relatively quantitative. Chemical shifts reported would be referenced to concentrated H3PO4 contained externally in a capillary tube. The spectral observation window would be selected to be 35211.3 Hz or 2 times the normal chemical shift range with 32K data points per scan. All fast Fourier transforms would be done with a normal gaussian line broadening of 1-4 Hz. Integration intensities would be digitially measured and the values normalized to mole percents. The 13 C NMR measurements can be taken on a JEOL GSX-400 NMR Spectrometer operating at 100.40 MHz. The samples to be analyzed would be prepared to between 20 and 30 % wt/wt in CDCI3. A standard single pulse experiment would be used with a 90° flip angle, and preacquisition delay of 4 sec. Broadband decoupling would be gated off during preacquisition and evolution and on throughout data acquisition. Chemical shifts reported would be internally referenced to deuterochloroform. The spectral observation window would be selected to be 24038.5 Hz with 16K data points per scan. All FFT's would be done with a 4 Hz guassian line broadening multiplication prior to transformation. Integral intensities would be digitally measured and the values would be reported in mole percents. By use of the 31 P NMR and 13 C NMR analysis discussed above, it has been found that the process of this present invention, i.e., conducted at a reduced pressure of from about -40 KPa to about -100 KPa, results in formation of hydrocarbon soluble or dispersible reaction product mixture comprising hydrocarbyl phosphorous-containing product and sulfur- containing (thioether) product, wherein the sulfur- containing product comprise less than about 45 mole % of the reaction product mixture, wherein the reaction product mixture comprises at least 25 mole % phosphorous-containing product, and wherein at least 80 mole % of the phosphorous-containing product in the reaction product mixture comprise monohydrocarbyl phosphite and dihydrocarbyl phosphite compounds represented by the above illustrated formulas XI and XII. It has been found that the phosphorous- and sulfur-containing reaction product mixtures of the present invention, which contain less than 45 mole % sulfur-containing ether species, possess excellent anti-wear and anti-oxidation properties. Accordingly, the various reaction product mixtures of the invention are used by incorporation and dissolution or dispersion into an oleaginous material such as fuels and lubricating oils. The additives produced in accordance with the present invention have been found to be useful in fuel oils and lubricating oils. The normally liquid fuel oils are generally derived from petroleum sources, e.g., normally liquid petroleum distillate fuels, though they may include those produced synthetically by the Fischer-Tropsch and related processes, the processing of organic waste material or the processing of coal, lignite or shale rock. Such fuel compositions have varying boiling ranges, viscosities, cloud and pour points, etc. , according to their end use as is well know to those of skill in the art. Among such fuels are those commonly known as diesel fuels, distillate fuels e.g., gasoline, heating oils, residual fuels, bunker fuels, etc., which are collectively referred to herein as fuel oils. The properties of such fuels are well known to skilled artisans as illustrated, for example, by ASTM Specification D #396- 73, available from the American Society for Testing Materials, 1916 Race street, Philadelphia, Pennsylvania 19103. Middle distillate fuel oils include distillates boiling from about 120 to 725°F. (e.g., 375 to 725°F.), including kerosene, diesel fuels, home heating fuel oil, jet fuels, etc., and most preferably whose 20% and 90% distillation points differ by less than 212°F., and/or whose 90% to final boiling point range is between about 20 and 50°F. and/or whose final boiling point is in the range of 600 to 700°F. The reaction product mixtures prepared in accordance with the reduced pressure process of the present invention find their primary utility in lubricating oil compositions which employ a base oil in which the mixtures are dissolved or dispersed. Such base oils may be natural or synthetic although the natural base oils will derive a greater benefit. Thus, base oils suitable for use in preparing lubricating compositions of the present invention include those conventionally employed as crankcase lubricating oils for spark-ignited and compression- ignited internal combustion engines, such as automobile and truck engines, marine and railroad diesel engines, and the like. Particularly advantageous results are achieved by employing the phosphorous- and sulfur- containing product mixtures of the present invention in base oils conventionally employed in power transmitting fluids such as automatic transmission fluids, tractor fluids, universal tractor fluids and hydraulic fluids, heavy duty hydraulic fluids, power steering fluids and the like. Gear lubricants, industrial oils, pump oils and other lubricating oil compositions can also benefit from the incorporation therein of the phosphorous- and sulfur-containing reaction product mixtures of the present invention. Thus, the reaction product mixtures of the present invention may be suitably incorporated into synthetic base oils such as alkyl esters of dicarboxylic acids, polyglycols and alcohols; polyalphaolefins; alkyl benzenes; organic esters of phosphoric acids; polysilicone oil; etc. Natural base oils include mineral lubricating oils which may vary widely as to their crude source, e.g., whether paraffinic, naphthenic, mixed paraffinic- naphthenic, and the like; as well as to their formation, e.g., distillation range, straight run or cracked, hydrofined, solvent extracted and the like. More specifically, the natural lubricating oil based stocks which can be used in the compositions of this invention may be straight mineral lubricating oil or distillates derived from paraffinic, naphthenic, asphaltic, or mixed base crudes, or, if desired, various blended oils may be employed as well as residuals, particularly those from which asphaltic constituents have been removed. The oils may be refined by conventional methods using acid, alkali, and/or clay or other agents such as aluminum chloride, or they may be extracted oils produced, for example, by solvent extraction with solvents such as phenol, sulfur dioxide, furfural, dichlorodiethyl ether, nitrobenzene, crotonaldehyde, etc. The lubricating oil base stock conveniently has a viscosity of typically about 2.5 to about 12, and preferably about 3.5 to about 9 cst. at 100°C. Thus the reaction product mixtures of the present invention can be employed in a lubricating oil composition which comprises lubricating oil, typically in a major amount, and a reaction product mixture typically in a minor amount, which is effective to impart enhanced anti-wear and friction stability properties relative to the absence of the additive mixture. Additional conventional additives selected to meet the particular requirements of a selected type of lubricating oil composition can be included as desired. The reaction product mixtures of this invention are oil soluble, dissolvable in oil with the aid of a suitable solvent, or are stably dispersible in oil. Oil soluble, dissolvable, or stably dispersible, as that terminology is used herein, does not necessarily indicate that the materials are soluble, dissolvable, miscible, or capable of being suspended in oil in all proportions. It does mean, however, that the respective components of the mixture are soluble or stably dispersible in oil to an extent sufficient to exert their intended effect in the environment in which the oil is employed. Moreover, the incorporation of a dispersant, friction modifier and/or other additives may also permit incorporation of higher levels of a particular reaction product mixture if desired. A phosphorous- and sulfur-containing reaction product mixture additive of the present invention can be incorporated into the lubricating oil in any convenient way. Thus, a product mixture can be added directly to the oil by dispersing, or dissolving the same in the oil at the desired level of concentration typically with the aid of the suitable solvent such as dodecylbenzene or naphthalene base stock. Such blending can occur at elevated temperatures of 60- 100°C. The lubricating oil base stock for the additive mixtures of the present invention typically is adapted to perform a selected function by the incorporation of additives therein to form lubricating oil compositions (i.e., formulations). As indicated above, one broad class of lubricating oil compositions suitable for use in conjunction with the additives of the present invention are power steering fluids, tractor fluids, tractor universal oils, and the like. The benefits of the additives of the present invention are particularly significant when employed in a lubricating oil adapted for use as an automatic transmission fluid. Power transmitting fluids, such as automatic transmission fluids, as well as lubricating oils in general, are typically compounded from a number of additives each useful for improving chemical and/or physical properties of the same. The additives are usually sold as a concentrate package in which mineral oil or some other base oil is present. The mineral lubricating oil in automatic transmission fluids typically is refined hydrocarbon oil or a mixture of refined hydrocarbon oils selected according to the viscosity requirements of the particular fluid, but typically would have a viscosity range of 2.5-9, e.g., 3.5-9 cst. at 100°C. Suitable base oils include a wide variety of light hydrocarbon mineral oils, such as naphthenic base oils, paraffin base oils, and mixtures thereof. Representative additives which can be present in such packages as well as in the final formulation include viscosity index (V.I.) improvers, corrosion inhibitors, oxidation inhibitors, friction modifiers, lube oil flow improvers, dispersants, anti-foamants, anti-wear agents, detergents, metal rust inhibitors and seal swellants. Viscosity modifiers impart high and low temperature operability to the lubricating oil and permit it to maintain sufficient viscosity at elevated temperatures and also exhibit acceptable viscosity or fluidity at low temperatures. V.I. improvers are generally high molecular weight hydrocarbon polymers or more preferably polyesters. The V.I. improvers may also be derivatized to include other properties or functions, such as the addition of dispersancy properties. These oil soluble V.I. polymers will generally have number average molecular weights of from 10 3 to 10 6 , preferably 10 4 to 10 6 , e.g., 20,000 to 250,000, as determined by gel permeation chromatography or membrane osmometry. Examples of suitable hydrocarbon polymers include homopolymers and copolymers of two or more monomers of C 2 to C30 e.g., C 2 to Cg olefins, including both alpha-olefins and internal olefins, which may be straight or branched, aliphatic, aromatic, alkyl- aromatic, cycloaliphatic, etc. Frequently they will be of ethylene with C3 to C30 olefins, particularly preferred being the copolymers of ethylene and propylene. Other polymers can be used such as polyisobutylenes, homopolymers and copolymers of Cg and higher alpha- olefins, atactic polypropylene, hydrogenated polymers and copolymers and terpolymers of styrene, e.g., with isoprene and/or butadiene. More specifically, other hydrocarbon polymers suitable as viscosity index improvers in the present invention include those which may be described as hydrogenated or partially hydrogenated homopolymers, and random, tapered, star, or block interpolymers .(including terpolymers, tetrapolymers, etc.) of conjugated dienes and/or monovinyl aromatic compounds with, optionally, alpha-olefins or lower alkenes, e.g., C3 to Ci alpha-olefins or lower alkenes. The conjugated dienes include isoprene, butadiene, 2,3- dimethylbutadiene, piperylene and/or mixtures thereof, such as isoprene and butadiene. The monovinyl aromatic compounds include vinyl di- or polyaromatic compounds, e.g., vinyl naphthalene, or mixtures of vinyl mono-, di- and/or polyaro atic compounds, but are preferably monovinyl monoaromatic compounds, such as styrene or alkylated styrenes substituted at the alpha-carbon atoms of the styrene, such as alpha-mehtylstyrene, or at ring carbons, such as o-, m-, p-methylstyrene, ethylstyrene, propylstyrene, isopropylstyrene, butylstyrene isobutylstyrene, tert-butylstyrene (e.g., p-tert-butylstyrene) . Also included are vinylxylenes, methylethylstyrenes and ethylvinylstyrenes. Alpha- olfins and lower alkenes optionally included in these random, tapered and block copolymers preferably include ethylene, propylene, butene, ethylene-propylene copolymers, isobutylene, and polymers and copolymers thereof. As is also known in the art, these random, tapered and block copolymers may include relatively small amounts, that is less than about 5 mole %, of other copolymerizable monomers such as vinyl pyridines, vinyl lactams, methacrylates, vinyl chloride, vinylidene chloride, vinyl acetate, vinyl stearate, and the like. Specific examples include random polymers of butadiene and/or isoprene and polymers of isoprene and/or butadiene and styrene. Typical block copolymers include polystyrene-polyisoprene, polystyrene- polybutadiene, polystyrene-polyethylene, polystyrene- ethylene propylene copolymer, polyvinyl cyclohexane- hydrogenated polyisoprene, and polyvinyl cyclohexane- hydrogenated polybutadiene. Tapered polymers include those of the foregoing monomers prepared by methods known in the art. Star-shaped polymers typically comprise a nucleus and polymeric arms linked to said nucleus, the arms being comprised of homopolymer or interpolymer of said conjugated diene and/or monovinyl aromatic monomers. Typically, at least about 80% of the aliphatic unsaturation and about 20% of the aromatic unsaturation of the star-shaped polymer is reduced by hydrogenation. Representative examples of patents which disclose such hydrogenated polymers or interpolymers include U.S. Patents 3,312,621, 3,318,813, 3,630,905, 3,668,125, 3,763,044, 3,795,615, 3,835,053, 3,838,049, 3,965,019, 4,358,565, and 4,557,849, the disclosures of which are herein incorporated by reference. The polymer may be degraded in molecular weight, for example by mastication, extrusion, oxidation or thermal degradation, and it may be oxidized and contain oxygen. Also included are derivatized polymers such as post-grafted interpolymers of ethylene-propylene with an active monomer such as maleic anhydride which may be further reacted with an alcohol, or amine, e.g., an alkylene polyamine or hydroxy amine, e.g., see U.S. Patents 4,089,794, 4,160,739, 4,137,185, or copolymers of ethylene and propylene reacted or grafted with nitrogen compounds such as shown in U.S. Patents 4,068,056, 4,068,058, 4,146,489 and 4,149,984. Suitable hydrocarbon polymers are ethylene copolymers containing from 15 to 90 wt % ethylene, preferably 30 to 80 wt. % of ethylene and 10 to 85 wt. % , preferably 20 to 70 wt. % of one or more C3 to C g, preferably C3 to C , more preferably C3 to Cg, alpha- olefins. While not essential, such copolymers preferably have a degree of crystallinity of less than 25 wt. %, as determined by X-ray and differential scanning calorimetry. Copolymers of ethylene and propylene are most preferred. Other alpha-olefins suitable in place of propylene to form the copolymer, or to be used in combination with ethylene and propylene, to form a terpolymer, tetrapolymer, etc., include 1-butene, 1-pentene, 1-hexene, 1-heptene, l- octene, 1-nonene, 1-decene, etc.; also branched chain alpha-olefins, such as -methyl-1-pentene, 4-methyl-l- hexene, 5-methylpentene-l, 4,4-dimethyl-1-pentene, and β-methyl-heptene-1, etc., and mixtures thereof. Terpolymers, tetrapolymers, etc., of ethylene, said C3_28 alpha-olefin, and non-conjugated diolefin or mixtures of such diolefins may also be used. The amount of the non-conjugated diolefin generally ranges from about 0.5 to 20 mole percent, preferably from about 1 to about 7 mole percent, based on the total amount of ethylene and alpha-ole in present. The preferred V.I. improvers are polyesters, most preferably polyesters of ethylencially unsaturated C3 to Cg mono- and dicarboxylic acids such as methacrylic and acrylic acids, maleic acid, maleic anhydride, fu aric acid, etc. Examples of unsaturated esters that may be used include those of aliphatic saturated mono alcohols of at least 1 carbon atom and preferably of from 12 to 20 carbon atoms, such as decyl aerylate, lauryl methacrylate, cetyl methacrylate, stearyl methacrylate, and the like and mixtures thereof. Other esters include the vinyl alcohol esters of C 2 to C 22 fatty or monocarboxylic acids, preferably saturated such as vinyl acetate, vinyl laurate, vinyl palmitate, vinyl stearate, vinyl oleate, and the like and mixtures thereof. Copolymers of vinyl alcohol esters with unsaturated acid esters such as the copolymer of vinyl acetate with dialkyl fumarates, can also be used. The esters may be copolymerized with still other unsaturated monomers such as olefins, e.g., 0.2 to 5 moles of C2-C20 aliphatic or aromatic olefin per mole of unsaturated ester, or per mole of unsaturated acid or anhydride followed by esterification. For example, copolymers of styrene with maleic anhydride esterified with alcohols and amines are known, e.g., see U.S. Patent 3,702,300. Such ester polymers may be grafted with, or the ester copolymerized with, polymerizable unsaturated nitrogen-containing monomers to impart dispersancy to the V.I. improvers. Examples of suitable unsaturated nitrogen-containing monomers to impart dispersancy include those containing 4 to 20 carbon atoms such as amino substituted olefins as p-(beta- diethylaminoethyl)styrene; basic nitrogen-containing heterocycles carrying a polymerizable ethylenically unsaturated substituent, e.g., the vinyl pyridines and the vinyl alkyl pyridines such as 2-vinyl-5-ethyl pyridine, 2-methyl-5-vinyl pyridine, 2-vinyl-pyridine, 3-vinyl-pyridine, 4-vinyl-pyridine, 3-methyl-5-vinyl- pyridine, 4-methyl-2-vinyl-ρyridine, 4-ethyl-2-vinyl- pyridine and 2-butyl-5-vinyl-pyridine and the like. N-vinyl lactams are also suitable, e.g., N-vinyl pyrrolidones or N-vinyl piperidones. The vinyl pyrrolidones are preferred and are exemplified by N-vinyl pyrrolidone, N-(l-methyl-vinyl) pyrrolidone, N-vinyl-5-methyl pyrrolidone, N-vinyl-3,3- dimethylpyrrolidone, N-vinyl-5-ethyl pyrrolidone, etc. Corrosion inhibitors, also known as anti- corrosive agents, reduce the degradation of the non- ferrous metallic parts in contact with the fluid. Illustrative of corrosion inhibitors are phosphosulfurized hydrocarbons and the products obtained by reaction of a phosphosulfurized hydrocarbon with an alkaline earth metal oxide or hydroxide, preferably in the presence of an alkylated phenol or of an alkylphenol thioether, and also preferably in the presence of carbon dioxide. As discussed hereinabove, the phosphosulfurized hydrocarbons are prepared by reacting a suitable hydrocarbon such as a terpene, a heavy petroleum fraction of a C 2 to Cg olefin polymer such as polyisobutylene, with from 5 to 30 weight percent of a sulfide of phosphorous for 1/2 to 15 hours, at a temperature in the range of 150 to 400°F. Neutralization of the phosphosulfurized hydrocarbon may be effected in the manner taught in U.S. Patent 2,969,324. Other suitable corrosion inhibitors include copper corrosion inhibitors comprising hydrocarbyl- thio-disubstitutued derivatives of 1, 3, 4-thiadiazole, e.g., C 2 to C30; alkyl, aryl, cycloalkyl, aralkyl and alkaryl-mono-, di-, tri-, or tetra- or thio- disubstituted derivatives thereof. Representative examples of such materials included 2,5-bis(octylthio) 1,3, -thiadiazole; 2,5- bis(octyldithio)-1,3, -thiadiazole; 2,5- bis(octyltrithio)-1,3,4-thiadiazole; 2,5- bis(octyltetrathio)-1,3,4-thiadiazole; 2,5- bis(nonylthio)-1,3,4-thiadiazole; 2,5- bis(dodecyldithio)-1,3,4-thiadiazole; 2-dodecyldithio- 5-phenyldithio-l,3,4-thiadiazole; 2,5-bis(cyclohexyl dithio)-1,3,4-thiadiazole; and mixtures thereof. A second class of corrosion inhibitors useful in the present invention are those which include at least one benzotriazole which may be substituted or unsubstituted. Examples of suitable compounds are benzotriazole, alkyl-substituted benzotriazole (e.g., tolyltriazole, ethylbenzotriazole, hexylbenzotriazole, octylbenzotriazoles , etc.) aryl-substituted benzotria¬ zole (e.g., phenylbenzotriazoles, etc.), an alkaryl- or aralkyl-substituted benzotriazole, and substituted benzotriazoles wherein the substituents may be, for example, hydroxy, alkoxy, halo (especially chloro) , nitro, carboxy or carbalkoxy. Preferred corrosion inhibitors of this class are benzotriazole and the alkylbenzotriazoles in which the alkyl group contains 1 to about 20 carbon atoms and especially 1 to about 8 carbon atoms, most preferably benzotriazole and tolyltriazole. The corrosion inhibitors can also be the reaction product of at least one of the above benzotriazoles with at least one amine to form a nitrogen-containing composition. The amine can be one or more monoa ines or polyamines. These monoamines and polyamines can be primary amines, secondary amines or tertiary amines. The amines can be aliphatic, cycloaliphatic, aromatic, or heterocyclic, including aliphatic-substituted cyclo¬ aliphatic, aliphatic-substituted aromatic, aliphatic- substituted heterocyclic, cycloaliphatic-substituted aliphatic, cycloaliphatic-substituted aromatic, cyclo¬ aliphatic-substituted heterocyclic, aromatic- substituted aliphatic, aromatic-substituted cycloaliphatic, aromatic-substituted heterocyclic- substituted alicyclic, and heterocyclic-substituted aromatic amines and may be saturated or unsaturated. The amines may also contain non-hydrocarbon substituents or groups as long as these groups do no significantly interfere with the reaction of the amines with acylating reagents. Such non-hydrocarbon substituents or groups include lower alkoxy, lower alkyl ercapto, nitro, and interrupting groups such as -O- and -S- (e.g., as in such groups as -CH 2 CH 2 X- CH 2 CH 2 - where X is -0- or -S-). In general, the amine may be characterized by the formula Rl-N-R 2 wherein Ri, R 2 , and R3 are each independently hydrogen or hydrocarbyl, a ino-substituted hydrocarbyl, hydroxy- substituted hydrocarbyl, alkoxy-substituted hydrocarbyl, amino, carbamyl, thiocarbamyl, guanyl and acylimidoyl groups. With the exception of the branched polyalkylene polyamine, the polyoxyalkylene polyamines, and the high molecular weight hydrocarbyl-substituted amines described more fully hereafter, the amines ordinarily contain less than about 50 carbon atoms in total and usually not more than about 20 carbon atoms in total. Aliphatic monoamines include mono-, di- and tri- aliphatic substituted amines wherein the aliphatic groups can be saturated or unsaturated and straight or branched chain. Such amines include, for example, mono-, di- and tri-alkyl-substituted amines; and amines having one or more N-alkenyl substituents and one N- alkyl substituents and the like. The total number of carbon atoms in these aliphatic monoamines will, as mentioned before, normally not exceed about 40 and usually not exceed about 20 carbon atoms. Specific examples of such monoamines include ethylamine, diethylamine, triethylamine, n-butylamine, di-n- butylamine, tri-n-butylamine, allylamine, isobutylamine, cocoamine, stearylamine, laurylamine, methyllaurylamine, oleyla ine, n-methyloctylamine, dodecylamine, octadecylamine, and the like. Examples of cycloaliphatic-substituted aliphatic amines, aromatic-substituted aliphatic amines, include 2- (cyclohexyl)-ethylamine, benzylamine, phenethylamine, and 3-(furyl-propyl)amine. Cycloaliphatic monoamines are those monoamines wherein there is one cycloaliphatic substituent attached directly to the amino nitrogen though a carbon atom in the cyclic ring structure. Examples of cycloaliphatic monoamines include cyclohexylamines, cyclopentylamines, cyclohexenylamines, cyclopentenylamines, N-ethyl-cyclo-hexylamine, dicyclohexylamines, and the like. Examples of aliphatic-substituted, aromatic-substituted, and heterocyclic-substituted cycloaliphatic monoamines include propyl-substituted cyclohexylamines, phenyl- substituted cyclopentylamines and pyranyl-substituted cyclohexylamine. Aromatic amines include those monoamines wherein a carbon atom of the aromatic ring structure is attached directly to the amino nitrogen. The aromatic ring will usually be a mononuclear aromatic ring (i.e., one derived from benzene), but can include fused aromatic rings, especially those derived from naphthalene. Examples of aromatic monoamines include aniline, di-(para ethylphenyl) mines, naphthylamine, N- (n-butyl)-aniline, and the like. Examples of aliphatic-substituted, cyclo-aliphatic-substituted, and heterocyclic-substituted aromatic monoamines are para- ethoxyaniline, para-dodecylaniline, cyclohexyl- substituted naphthylamine, and thienyl-substituted aniline. The polyamines include principally alkylene amines conforming for the most part to the formula R-N—(alkylene-N) n -R R R wherein n is a number preferably less than about 10, each R is independently a hydrogen group or a hydrocarbyl group preferably having up to about 30 carbon atoms, and the alkylene group is preferably a lower alkylene group having less than about 8 carbon atoms. The alkylene amines include principally methylene amines, ethylene amines, butylene amines, propylene amines, pentylene amines, hexylene amines, heptylene amines, octylene amines, other polymethylene amines. They are exemplified specifically by: ethylene diamine, triethylene tetramine, propylene diamine, decamethylene diamine, octamethylene diamine, di(heptamethylene) triamine, tripropylene tetramine, tetraethylene pentamine, trimethylene diamine, pentaethylene hexamine, di(trimethylene) triamine. Higher homologous such as are obtained by condensing two or more of the above-illustrated alkylene amines likewise or useful. The ethylene amines are especially useful. They are described in some detail under the heading "Ethylene Amines" in Encyclopedia of Chemical Technology, Kirk and Othmer, Vol. 5, pp. 898-905, Interscience Publishers, New York (1950). Such compounds are prepared most conveniently by the reaction of an alkylene chloride with ammonia. The reaction results in the product of somewhat complex mixtures of alkylene amines, including cyclic condensation products such as piperazines. These mixtures find use in the process of this invention. On the other hand, quite satisfactory products may be obtained also by the use of pure alkylene amines. An especially useful alkylene amine for reasons of economy as well as effectiveness of the products derived therefrom is a mixture of ethylene amines prepared by the reaction of ethylene chloride and ammonia and having a composition which corresponds to that of tetraethylene pentamine. Hydoxyalkyl-substituted alkylene amines, i.e., alkylene amines having one or more hydroxyalkyl substituents on the nitrogen atoms, likewise are contemplated for use herein. Higher homologous such as are obtained by condensation of the above illustrated alkylene amines or hydroxy alkyl-substituted alkylene amines through amino radicals or through hydroxy radicals are likewise useful. It will be appreciated that condensation through amino radicals results in a higher amine accompanied with removal of ammonia and that condensation through the hydroxy radicals results in products containing ether linkages accompanied with removal of water. The corrosion inhibitor can also be the reaction product of at least one of the above benzotriazoles with at least one nitrogen-containing ashless dispersant, such as a nitrogen-containing carboxylic dispersant, an amine dispersant or a Mannich dispersant. The benzotriazole-amine and benzotriazole-ash- less dispersant reaction products may be prepared by merely blending the reagents and allowing the reaction to proceed. The reaction may be effected in a substantially inert, normally liquid organic diluent (which may be the oil or diluent constituent of the lubricant or concentrate containing the composition of this invention) such as mineral oil, benzene, toluene, xylene, petroleum naphtha, an aliphatic ether or the like, whereupon it may take place at a temperature as low as about 15°C. Ordinarily, it is preferred to carry out the reaction at temperatures of up to about 160°C, with temperatures in the range of about 60°C. to about 140°C. being useful. The proportions of the benzotriazole and amine or ashless dispersant used for the preparation of the reaction products useful as the above described corrosion inhibitors may vary widely. In general, it is preferred to incorporate as much of the benzotriazole as possible in an oil-dispersible medium and this can be done by using about one equivalent of amine or ashless dispersant per equivalent of benzotriazole< (The equivalent weight of the amine or ashless dispersant is its molecular weight divided by the number of basic nitrogen atoms therein, and that of the benzotriazole is its molecular weight divided by the number of triazole rings therein. ) In some instances, however, it may be desirable to use more or less than one equivalent of amine or ashless dispersant per equivalent of benzotriazole. The precise molecular structures of the benzotriazole-amine and benzotriazole-ashless dispersant reaction products are not known with certainty and are not critical. It is believed, however, that the benzotriazoles are generally more acidic than the amines or ashless dispersants and thus the compositions may comprise amine salts of the benzotriazoles. Preferred copper corrosion inhibitors are derivatives of 1,3,4-thiadiazoles such as those described in U.S. Patents 2,719,125, 2,719,126, and 3,087,932; especially preferred is the compound 2,5- bis(t-octyldithio)-1,3,4-thiadiazole commercially .available as Amoco 150, and 2, 5-bis(t-nonyldithio)- 1,3,4-thiadiazole, commerically available as Amoco 158. The preparation of such materials is further described in U.S. Patents 2,719,125, 2,719,126, 3,087,932, and 4,410,436, the disclosures of which are hereby incorporated by reference. Oxidation inhibitors reduce the tendency of mineral oils to deteriorate in service which deterioration is evidenced by the products of oxidation such as sludge and varnish-like deposits on the metal surfaces and by an increase in viscosity. Such oxidation inhibitors include alkaline earth metal salts of alkylphenol thioethers having preferably C5 to Cι 2 alkyl side chains, e.g., calcium nonylphenol sulfide, barium t-octylphenol sulfide; aryl amines, e.g., dioctylphenylamine, phenyl-alpha-naphthyla ine; phosphosulfurized or sulfurized hydrocarbons, etc. Friction modifiers serve to impart the proper friction characteristics to an ATF as required by the automotive industry. Representative examples of suitable friction modifiers are found in U.S. Patent 3,933,659, which discloses fatty acid esters and amides; U.S. Patent 4,176,074, which describes molybdenum complexes of polyisobutenyl succinic anhydride-amino aklanols; U.S. Patent 4,105,571, which discloses glycerol esters of di erized fatty acids; U.S. Patent 3,779,928, which discloses alkane phosphonic acid salts; U.S. Patent 3,778,928, which discloses alkane phosphonic acid salts; U.S. Patent 3,778,375, which discloses reaction products of a phosphonate with an oleamide; U.S. Patent 3,852,2.05, which discloses S-carboxy-alkylene hydrocarbyl succinamic acid and mixtures thereof; U.S. Patent 3,879,306, which discloses N-(hydroxy- alkyl)aikenyl succinamic acids or succinimides; U.S. Patent 3,932,290, which discloses reaction products of di-(lower alkyl) phosphites and epoxides; and U.S. Patent 4,028,258, which discloses the alkylene oxide adduct of phosphosulfurized N-(hydroxyalkyl) alkenyl succini ides; all for use as friciton modifiers in automatic transmission fluids. The disclosures of the above patents are herein incorporated by reference. Among the more preferred friction modifiers is a class of succinate esters or metal salts thereof as described in U.S. Patents 4,664,826 and 4,702,085, the disclosures of which are incorporated herein by reference. Other preferred friction modifiers which may be used in combination with the phosphorous- and sulfur- containing anti-wear additives of this invention include the hydroxyl amine compounds characterized by one of the following formulas: R8 (RllO)qH R9-(X)p-Rl0-N-Rl4-N IX 13-H ^(R i2 0) q H wherein Rg represents H or CH3, Rg represents a C3 to C 2 7, preferably Cg to C 2 , and most preferably C10 to C 2 o saturated or unsaturated, substituted or unsubstituted, aliphatic hydrocarbyl radical; Rio and R13 independently, represent the same or different straight or branched chain Ci to Cg, preferably C 2 to C4, alkylene radical; Rn and Rι 2 , independently, represent the same or different straight or branched chain Ci to C5, preferably C 2 to C4 alkylene radical; R 4 represents a straight or branched chain C to C5, preferably C2 to C3, alkylene radical; X represents 0 or S; p represents 0 or 1; and q, independently, represents the same or different number of from about to about 4, preferably 1 to 2. In a particularly preferred embodiment, the hydroxyl amine friction modifier would be characterized by the formula VIII wherein X represents 0, Rg and Rg contain a combined total of 18 carbon atoms, R17 represents C3 alkylene, Rll and R12 represent C 2 alkylene, p is 1, and each q is 1. It is preferred that the hydroxyl amine compounds contain a combined total of from about 18 to about 30 carbon atoms. When the hydroxyl amine compounds are characterized by the formula IX and when X is 0 and p is 1, the hydroxyl amine compounds can be prepared, for example, by a multi-step process wherein an alkanol is first reacted, in the presence of a catalyst, with an unsaturated nitrile such as acrylonitrile to form an ether nitrile intermediate. The intermediate is then hydrogenated, preferably in the presence of a conventional hydrogenation catalyst such as platinum black or Raney nickel to form an ether amine. The ether amine is then reacted with an alkylene oxide, such as ethylene oxide in the presence of an alkaline catalyst by a conventional method at a temperature in the range of about 90 - 150°C. The overall process for preparing the desired hydroxyl amine compounds can be illustrated by the following equations: EQ. 5 R * H R'H Rg-OH + HC-=C-C5N Rg-0-C-C-C=N H H EQ. 6 R'H R'H H Rg-0-C-C-CΞN + H 2 -^ Rg-0-C-C-C-NH 2 H H H H H EQ . 7 H H C-C-OH R ' H H 0 R ' H H -\ H Rg-0-C-C-C-NH 2 + H 2 C - CH — >- Rg-O-C-C-C-N H H H H H H \ H H C-C-OH H H where Rg represents straight or branched chain alkyl as described above and R' represents hydrogen or a C to C3 alkyl branch of the alkylene radical constituting RlO in formula VIII. Another method of preparing the present hydroxyl amine compounds, when X is 0 and p is 1, is by reacting a fatty acid with ammonia or an alkanol amine, such as ethanolamine, to form an intermediate which can be further oxyalkylated by reaction with an alkylene oxide, such as ethylene oxide or propylene oxide. A process of this type is discussed, for example, in U.S. Patent 4,201,684, the disclosure of which is incorporated herein by reference. When X is S and p is 1, the hydroxyl amine friction modifying compounds can be formed, for example, by effecting a conventional free radical reaction between a long chain alpha-olefin with a hydroxyalkyl mercaptan, such as beta-hydroxyethyl mercaptan, to produce a long chain alkyl hydroxyalkyl sulfide. The long chain alkyl hydroxyalkyl sulfide is then mixed with thionyl chloride at a low temperature and thereafter heated to about 40°C. to form a long chain alkyl chloroalkyl sulfide. The long chain alkyl chloroalkyl sulfide is then caused to react with a dialkanolamine, such as die hanolamine, and, if desired, with an alkylene oxide, such as ethylene oxide, in the presence of an alkaline catalyst and at a temperature on the order of about 100°C to form the desired hydroxyl amine compounds. Processes of the above type are known in the art and are discussed, for example, in U.S. Patent 3,705,139, the disclosure of which is incorporated herein by reference. In cases when p is 0, the present hydroxyl amine friction modifiers are well known in the art and are described, for example, in U.S. Patents 3,186,946, 4,170,560, 4,231,883, 4,409,000 and 3,711,406, the disclosures of these patents being incorporated herein by reference. Examples of suitable hydroxyl amine compounds include but are not limited to the following N,N-bis(2-hydroxyethyl)-n-dodecylamine N,N-bis(2-hydroxyethyl)-1-methy1-tridecenylamine ,N-bis(2-hydroxyethyl)-hexadecylamine N, -bis(2-hydroxyethyl)-octadecylamine N,N-bis(2-hydroxyethyl)-octadecenylamine N,N-bis(2-hydroxyethyl)-oleylamine N,N-bis(2-hydroxyethyl)-stearylamine N,N-bis(2-hydroxyethyl)-undecylamine N-(2-hydroxyethyl)-N-(hydroxyethoxyethyl)-n- dodecylamine N,N-bis(2-hydroxyethyl)-1-methyl-undecylamine N,N-bis(2-hydroxyethoxyethoxyehtyl)-1-ethyl- octadecylamine N,N-bis(2-hydroxyethyl)-cocoamine N,N-bis(2-hydroxyethyl)-tallowamine N,N-bis(2-hydroxyethyl)-n-dodecyloxyethylamine N,N-bis(2-hydroxyethyl)-lauryloxyethylamine N,N-bis(2-hydroxyethyl)-stearyloxyethylamine N,N-bis(2-hydroxyethyl)-n-dodecyloxypropylamine N,N-bis(2-hydroxyethyl)-stearyloxypropylamine N,N-bis(2-hydroxyethyl)-dodecylthioethylamine N,N-bis(2-hydroxyethyl)-dodecylthiopropylamine N,N-bis(2-hydroxyethyl)-hexadecylthioethylamine N,N-bis(2-hydroxyethyl)-hexadecylthiopropylamine N-2-hydroxyethyl,N-[N' ,N'-bis(2-hydroxyethyl) ethylamine]-octadecylamine N-2-hydroxyethyl,N-[N' ,N • -bis(2-hydroxyethyl) ethylamine]-stearylamine The hydroxyl amine compounds may be used as such. However they may also be used in the form of an adduct or reaction product with a boron compound, such as a boric oxide, a boron halide, a metaborate, boric acid, or a mono-, di-, or triorgano borate, such as a mono-, di-, and trialkyl borate. Such adducts or derivatives may be illustrated with reference to formula VIII, for example, by the following structural formula wherein Rg, Rg, Rio, Rn, Rι 2 , X, p, and q are the same as defined above, and wherein Rig is either H or a hydrocarbyl, e.g., alkyl radical. Representative examples of alkyl borates which may be used to borate the alkanol amine compounds include mono-, di-, and tributyl borates, mono-, di-, and trihexyl borates, and the like. The borated adducts may be prepared simply by heating a mixture of the hydroxyl amine compound and the boron compound, preferably in the presence of a suitable solvent or solvents, preferably an alcoholic or hydrocarbon solvent. The presence of a solvent is not essential, however, if one is used it may be reactive or non- reactive. Suitable non-reactive solvents include benzene, toluene, xylene and the like. Suitable reactive solvents include isopropanol, butanol, the pentanols and the like. Reaction temperatures suitably may be on the order of about 100 to about 280°C, preferably from about 125 to 175°C. Reaction time is not critical and, depending on the temperature, etc., it may vary from about 1-2 hours up to about 15 hours, e.g., 2 to 6 hours until the desired amount of water is removed. Suitable boration procedures and materials contemplated within the scope of Ri are well known in the art and are described, for example, in U.S. Patents 4,382,006, 4,400,284, 4,529,528, 4,594,171, and 4,595,514, the disclosures of which are incorporated herein by reference. Dispersants maintain oil insolubles, resulting from oxidation during use, in suspension in the fluid thus preventing sludge flocculation and precipitation. Suitable dispersants include, for example, dispersants of the ash-producing or ashless type, the latter type being preferred. The ash-producing detergents are exemplified by oil-soluble neutral and basic salts of alkali or alkaline earth metals with sulfonic acids, carboyxlic acids, or organic phosphorus acids characterized by at least one direct carbon-to-phosphorus linkage such as those prepared by the treatment of an olefin polymer (e.g., polyisobutene having a molecular weight of 1,000) with a phosphorizing agent such as phosphorus trichloride, phosphorus heptasulfide, phosphorus pentasulfide, phosphorus trichloride and sulfur, white phosphorus and a-sulfur halide, or phosphorothioic chloride. The most commmonly used salts of such acids are those of sodium, potassium, lithium, calcium, magnesium, strontium and barium. The term "basic salt" is used to designate metal salts wherein the metal is present in stoichimetrically larger amouts than the organic acid radical. The commonly employed methods for preparing the basic salts involve heating a mineral oil solution of an acid with a stoichiometric excess of a metal neutralizing agent such as the metal oxide, hydroxide, carbonate, bicarbonate, or sulfide at a temperature of about 50°C. and filtering the resulting mass. The use of a "promoter" in the neutralization step to aid the incorporation of a large excess of metal likewise is know. Examples of compounds useful as the promoter include phenolic substance such as phenol, naphthol, alkylphenol, thiophenol, sulfurized alkylphenol, and condensation products of formaldehyde with a phenolic substance; alcohols such as methanol, 2-propanol, octyl alcohol, cellosolve, ethylene glycol, stearyl alcohol, and cyclohexyl alcohol; and amines such as aniline, phenylenedia ine, phenyl-beta-naphthylamine, and dodecylamine. A particularly effective method for preparing the basic salts comprises mixing an acid with an excess of a basic alkaline earth metal neutralizing agent and a least one alcohol promoter, and carbonating the mixture at an elevated temperature such as 60- 200°C. This class of materials is discussed further hereinabove in connection with detergents and metal rust inhibitors. The most preferred ash-producing detergents include the metal salts of sulfonic acids, alkyl phenols, sulfurized alkyl phenols, alkyl salicylates, naphthenates and other oil soluble mono- and dicarboxylic acids. Highly basic (viz, overbased) metal salts, such as highly basic alkaline earth metal sulfonates (especially Ca and Mg salts) are frequently used as detergents. They are usually produced by heating a mixture comprising an oil-soluble sulfonate or alkaryl sulfonic acid, with an excess of alkaline earth metal compound above that required for complete neutralization of any sulfonic acid present, and thereafter forming a dispersed carbonate complex by reacting the excess metal with carbon dioxide to provide the desired overbasing. The sulfonic acids are typically obtained by the sulfonation of alkyl substituted aromatic hydrocarbons such as those obtained from the fractionation of petroleum by distillation and/or extraction or by the alkylation of aromatic hydrocarbons as for example those obtained by alkylating benzene, toluene, xylene, naphthalene, diphenyl and the halogen derivatives such as chlorobenzene, chlorotoluene and chloronaphthalene. The alkylation may be carried out in the presence of a catalyst with alkylating agents having from about 3 to more than 30 carbon atoms such as for example haloparaffins, olefins that may be obtained by dehydrogenation of paraffins, polyolefins as for example polymers from ethylene, propylene, etc. The alkaryl sulfonates usually contain from about 9 to about 70 more carbon atoms, preferably from about 16 to about 50 carbon atoms per alkyl substituted aromatic moiety. The alkaline earth metal compounds which may be used in neutralizing these alkaryl sulfonic acids to provide the sulfonates includes the oxides and hydroxides, alkoxides, carbonates, carboxylate, sulfide, hydrosulfide, nitrate, borates and ethers of magnesium, calcium, and barium. Examples are calcium oxide, calcium hydroxide, magnesium acetate and magnesium borate. As noted, the alkaline earth metal compound is used in excess of that required to complete neutralization of the alkaryl. sulfonic acids. Generally, the amount ranges from about 100 to about 220%, although it is preferred to use at least 125%, of the stoichiometric amount of metal required for complete neutralization. Various other preparations of basic alkaline earth metal alkaryl sulfonates are known, such as those described in U.S. Patents 3,150,088 and 3,150,089, wherein overbasing is accomplished by hydrolysis of an alkoxide-carbonate complex with the alkaryl sulfonate in a hydrocarbon solvent/diluent oil. Ashless dispersants, which are the preferred dispersant for use in connection with this invention, are so called despite the fact that, depending on their constitution, the dispersant may upon combusiton yield a non-volatile material such as boric oxide or phosphorus pentoxide; however, they ordinarily do not contain metal and therefore do not yield a metal- containing ash on combustion. Many types of ashless dispersants are known in the art, and any of them are suitable for use in the lubricant compositions of this invention. The following are illustrative: 1. Reaction products of carboxylic acids (or derivatives thereof) containing at least about 30 and preferably at least about 50 carbon atoms with nitrogen containing compounds such as amine, organic hydroxy compounds such as phenols and alcohols, and/or basic inorganic materials. Examples of these "carboxylic dispersants" are described, for example, in British Patent No. 1,306,529 and in U.S. Patents 3,272,746, 3,341,542, 3,454,607 and 4,654,403. More, specifically, nitrogen- or ester-containing ashless dispersants comprise members selected from the group consisting of oil soluble salts, amides, imides, oxazolines and esters, or mixtures thereof, of long chain hydrocarbyl-substituted mono- and dicarboxylic acids or anhydride or ester derivatives thereof wherein said long chain hydrocarbyl group is a polymer, typically of a C 2 to Cio, e.g., C 2 to C5, monoolefin, said polymer having a number average molecular weight of from about 700 to 5000. The long chain hydrocarbyl-substituted dicar boxylie acid material which can be used to make the dispersant includes the reaction product of long chain hydrocarbon polymer, generally a polyolefin, with (i) monounsaturated C4 to Cχo dicarboxylic acid wherein (a) the carboxyl groups are vicinyl, (i.e. located on adjacent carbon atoms) and (b) at least one, preferably both, of said adjacent carbon atoms are part of said mono unsaturation; or with (ii) derivatives of (i) such as anhydrides or Ci to C5 alcohol derived mono- or diesters of (i). Upon reaction with the hydrocarbon polymer, the monounsaturation of the dicarboxylic acid material becomes saturated. Thus, for example, maleic anhydride becomes a hydrocarbyl-substituted succinic anhydride. Typically, from about 0.7 to about 4.0 (e.g., 0.8 to 2.6), preferably from about 1.0 to about 2.0, and most preferably from about 1.1 to about 1.7 moles of said unsaturated C4 to CIQ dicarboxylic acid material .are charged to the reactor per mole of polyolefin charged. Normally, not all of the polyolefin reacts with the unsaturated acid or derivative and the hydrocarbyl- subsituted dicarboxylic acid material will contain unreacted polyolefin. The unreacted polyolefin is typically not removed from the reaction mixture (because such removal is difficult and would be commercially infeasible) and the product mixture, stripped of any unreacted monounsaturated C4 to C10 dicarboxylic acid material, is employed for further reaction with the amine or alcohol as described hereinafter to make the dispersant. Characterization of the average number of moles of dicarboxylic acid, anydride or ester which ' have reacted per mole of polyolefin charged to the reaction (whether it has undergone reaction or not) is defined herein as functionality. Said functionality is based upon (i) determination of the saponification number of the resulting product mixture using potassium hydroxide; and (ii) the number average molecular weight of the polymer charged using techniques well known in the art. Functionality is defined solely with reference to the resulting product mixture. Consequently, although the amount of said reacted polyolefin contained in the resulting product mixture can be subsequently modified, i.e., increased or decreased by techniques known in the art, such mocdifications do not alter functionality as defined above. The term hydrocarbyl-substituted dicarboxylic acid material is intended to refer to the product mixture whether it has undergone such modification or not. Accordingly, the functionality of the hydrocarbyl-substituted dicarboxylic acid material will be typically at least about 0.5, preferably at least about 0.8, and most preferably at least about 0.9, and can vary typically from about 0.5 to about 2.8 (e.g.. 0.6 to 2), preferably from about 0.8* to about 1.4, and most preferably from about 0.9 to about 1.3. Exemplary of such unsaturated mono and dicar¬ boxylic acids, or anhydrides and esters thereof are fumaric acid, itaconic acid, maleic acid, maleic anhydride, chloromaleic acid, chloromaleic anhydride, acrylic acid, methacrylic acid, crotonic acid, cinnamic acid, etc. Preferred olefin polymers for reaction with the unsaturated dicarboxylic acids or derivatives thereof are polymers comprising a major molar amount of C 2 to c 10' e.g., C 2 to C5 onoolefin. Such olefins include ethylene, propylene, butylene, isobutylene, pentene, octene-1, styrene, etc. The polymers can be homopolymers such as polyisobutylene, as well as copolymers of two or more of such olefins such as copolymers of: ethylene and propylene; butylene and isobutylene; propylene and isobutylene; etc. Other copolymers include those in which a minor molar amount of the copolymer monomers, e.g., 1 to 10 mole %, is a C4 to Cig non-conjugated diolefin, e.g., a copolymer of isobutylene and butadiene: or a copolymer of ethylene, propylene and 1,4-hexadiene; etc. In some cases, the olefin polymer may be completely saturated, for example an ethylene-propylene copolymer made by a Ziegler-Natta synthesis using hydrogen as a moderator to control molecular weight. The olefin polymers used in the dispersants will usually have number average molecular weights within the range of about 700 and about 5,000, more usually between about 800 and about 3000. Particularly useful olefin polymers have number average molecular weights within the range of about 900 and about 2500 with approximately one terminal double bond per polymer chain. An especially useful starting material for highly potent dispersant additives is polyisobutylene. The number average molecular weight for such polymers can be determined by several known techniques. A convenient method for such determination is by gel permeation chromatography (GPC.) which additionally provides molecular weight distribution information, see W. W. Yau, J. J. Kirkland and D. D. Bly, "Modern Size Exclusion Liquid Chromatography", John Wiley and Sons, New York, 1979. Processes for reacting the olefin polymer with the C4_ιo unsaturated dicarboxylic acid, anhydride or ester are known in the art. For example, the olefin polymer and the dicarboxylic acid or derivative may be simply heated together as disclosed in U.S. Patents 3,361,673 and 3,401,118 to cause a thermal "ene" reaction to take place. Or, the olefin polymer can be first halogenated, for example, chlorinated or bro inated to about 1 to 8 wt. %, preferably 3 to 7 wt. % chlorine, or bromine, based on the weight of polymer, by passing the chlorine or bromine through the polyolefin at a temperature of 60 to 250°C, e.g., 120 to 160°C, for about 0.5 to 10, preferably 1 to 7 hours. The halogenated polymer may then be reacted with sufficient unsaturated acid or derivative at 100 to 250°C, usually about 180 to 235°C, for about 0.5 to 10, e.g., 3 to 8 hours, so the product obtained will contain the desired number of moles of the unsaturated acid or derivative per mole of the halogenated polymer. Processes of this general type are taught in U.S. . Patents 3,087,936, 3,172,892, 3,272,746 and others. Alternatively, the olefin polymer, and the unsaturated acid or derivative are mixed and heated while adding chlorine to the hot material. Processes of this type are disclosed in U.S. Patents 3,215,707, 3,231,587, 3,912,764, 4,110,349, and in U.K. 1,440,219. By the use of halogen, about 65 to 95 wt. % of the polyolefin, e.g., polyisobutylene will normally react with the dicarboxylic acid or derivative. Upon carrying out a thermal reaction without the use of halogen or a catalyst, then usually only about 50 to 75 wt. % of the polyisobutylene will react. Chlorination helps increase the reactivity. At least one hydrocarbyl-substituted dicarboxylic acid material is mixed with at least one of amine, alcohol, including polyol, aminoalcohol, etc., to form the dispersant additives. When the acid material is further reacted, e.g., neutralized, then generally a major proportion of at least 50 percent of the acid producing units up to all the acid units will be reacted. Amine compounds useful as nucleophilic reactants for neutralization of the hydrocarbyl-substituted dicarboxylic acid materials include mono- and (preferably) polyamines, most preferably polyalkylene polyamines, of about 2 to 60, preferably 2 to 40 (e.g., 3 to 20), total carbon atoms and about 1 to 12, preferably 3 to 12, and most preferably 3 to 9 nitrogen atoms in the molecule. These amines may be hydrocarbyl amines or may be hydrocarbyl amines including other groups, e.g, hydroxy groups, alkoxy groups, amide groups, nitriles, imidazoline groups, and the like. Hydroxyl amines with 1 to 6 hydroxy groups, preferably 1 to 3 hydroxy groups are particularly useful. Preferred amines are aliphatic saturated amines, including those of the general formulas: XVI XVII wherein R, R', R* ' and R' ' ' are independently selected from the group consisting of hydrogen; Ci to C 2 5 straight or branched chain alkyl radicals; Ci to Cι alkoxy C 2 to Cg alkylene radicals; C 2 to Cι 2 hydroxy amino alkylene radicals; and Ci to Cι alkylamino C 2 to Cg alkylene radicals; and wherein R' ' ' can additionally comprise a moiety of the formula: ■4 ( CH 2 ) s ' - H XVIII wherein R' is as defined above, and wherein s and s' can be the same or a different number of from 2 to 6, preferably 2 to 4; and t and f can be the same or different and are numbers of from 0 to 10, preferably 2 to 7, and most preferably about 3 to 7, with the proviso that the sum of t and t' is not greater than 15. To assure a facile reaction, it is preferred that R, R', R' * , R' * ', s, s', t and t' be selected in a manner sufficient to provide the compounds of formulas XVI and XVII with typically at least one primary or secondary amine group, preferably at least two primary or secondary amine groups. This can be achieved by selecting at least one of said R, R' , R' ' or R'" groups to be hydrogen or by letting t in formula XVII be at least one when R' ' ' is H or when the moiety of formula XVIII possesses a secondary amino group. The most preferred amine of the above formulas are represented by formula XVII and contain at least two primary amine groups and at least one, and preferably at least three, secondary amine groups. Non-limiting examples of suitable amine compounds include: 1,2-diaminoethane; 1,3-diaminopropane; 1,4- diaminobutane; 1,6-diaminohexane; polyethylene amines such as diethylene triamine; triethylene tetramine; tetraethylene pentamine; polypropylene amines such as 1,2- propylene diamine; di-(1,2-propylene)triamine; di- (1,3- propylene) triamine; N,N-dimethyl-1,3-diamino¬ propane; N,N- di-(2-aminoethyl) ethylene diamine;. N,N- di(2-hydroxyethyl)-l,3-propylene diamine; 3- dodecyloxypropylamine; N-dodecyl- 1,3-propane diamine; trishydroxymethylaminomethane (THAM); diisopropanol amine; diethanol amine; triethanol amine; mono-, di-, and tri-tallow amines; amino morpholines such as N-(3- aminopropyl)morpholine; and mixtures thereof. Other useful amine compounds include: alicyclic diamines such as l,4-di(aminomethyl) cyclohexane, and heterocyclic nitrogen compounds such as imidazolines, and N-aminoalkyl piperazines of the general formula XIX: -, - ^CH 2 -CH 2 ^ „ H-NH-(CH 2 )pi--^ N^ N -J (CH 2 ) p2 —NH J-H - -J ni- CH -CH 2 J n 2 _ -• n3 XIX wherein pi and p 2 are the same or different and are each integers of from 1 to 4, and ni, n 2 and 113 are the same or different and are each integers of from 1 to 3. Non-limiting examples of such amines include 2- pentadecyl imidazoline; N-(2-aminoethyl) piperazine; etc. Commercial mixtures of amine compounds may advantageously be used. For example, one process for preparing alkylene amines involves the reaction of an alkylene dihali e (such as ethylene dichioride or propylene dichioride) with ammonia, which results in a complex mixture of alkylene amines wherein pairs of nitrogens are joined by alkylene groups, forming such compounds as diethylene triamine, triethylenetetramine, tetraethylene pentamine and isomeric piperazines. Low cost poly(ethyleneamines) compounds averaging about 5 to 7 nitrogen atoms per molecule are available commercially under trade names such as "Polyamine H", "Polyamine 400", "Dow Polyamine E-300", etc. Useful amines also include polyoxyalkylene polyamines such as those of the formulas: NH 2 -alkylene .0-alkylene-j—NH 2 XX m where m has a value of about 3 to 70 and preferably 10 to 35; and alkylene £O-- < alkylene NH 2 | XXI n J where n has a value of about 1 to 40 with the provision that the sum of all the n's is from about 3 to about 70 and preferably from about 6 to about 35, and R is a polyvalent saturated hydrocarbon radical of up to ten carbon atoms wherein the number of substituents on the R group is represented by the value of a, which is a number of from 3 to 6. The alkylene groups iii either formula XX or XXI may be straight or branched chains containing about 2 to 7, and preferably about 2 to 4 carbon atoms. The polyoxyalkylene polyamines of formulas XX or XXI above, preferably polyoxyalkylene diamines and polyoxyalkylene triamines, may have average molecular weights ranging from about 200 to about 4000, and preferably from about 400 to about 2000. The preferred polyoxyalkylene polyamines include the polyoxyethylene and polyoxypropylene diamines and the polyoxypropylene triamines having average molecular weights ranging from about 200 to 2000. The polyoxyalkylene polyamines are commercially available and may be obtained, for example, from the Jefferson Chemical Company, Inc. under the trade name "Jeffamines D-230, D-4-00, D-1000, D- 2000, T-403", etc. The amine is readily reacted with the selected hydrocarbyl-substituted dicarboxylic acid material, e.g., alkenyl succinic anhydride, by heating an oil solution containing 5 to 95 wt. % of said hydrocarbyl- substituted dicarboxylic acid material to about 100 to 250°C, preferably 125 to 175°C, generally for 1 to 10, e.g., 2 to 6 hours until the desired amount of water is removed. The heating is preferably carried out to favor formation of imides or mixtures of imides and amides, rather than amides and salts. Reaction ratios of hydrocarbyl-substituted dicarboxylic acid material to equivalents of amine as well as the other nucleophilic reactants described herein can vary considerably, depending on the reactants and type of bonds formed. Generally from 0.1 to 1.0, preferably from about 0.2 to 0.6, e.g., 0.4 to 0.6, equivalents of dicarboxylic acid unit content (e.g., substituted succinic anhydride content) is used per reactive equivalent of nucleophilic reactant, e.g., amine. For example, about 0.8 mole of a pentamine (having two primary amino groups and five reactive equivalents of nitrogen per molecule) is preferably used to convert into a mixture of amides and imides, a composition, having a functionality of 1.6, derived from reaction of polyolefin and maleic anhydride; i.e., preferably the pentamine is used in an amount sufficient to provide about 0.4 equivalents (that is, 1.6 divided by (0.8 x 5) equivalents) of succinic anhydride units per reactive nitrogen equivalent of the amine. The ashless dispersant esters are derived from reaction of the aforesaid long chain hydrocarbyl- substituted dicarboxylic acid material and hydroxy compounds such as monohydric and polyhydric alcohols or aromatic compounds such as phenols and naphthols, etc. The polyhydric alcohols are the most preferred hydroxy compound and preferably contain from 2 to about 10 hydroxy radicals, for example, ethylene glycol, diethylene glycol, triethylene glycol, tetraethylene glycol, dipropylene glycol, and other alkylene glycols in which the alkylene radical contains from 2 to about 8 carbon atoms. Other useful polyhydric alcohols include glycerol, monooleate of glycerol, onostearate of glycerol, monomethyl ether of glycerol, pentaerythritol, dipentaerythritol, and mixtures thereof. The ester dispersant may also be derived from unsaturated alcohols such as allyl alcohol, cinnamyl alcohol, propargyl alcohol, l-cyclohexane-3-ol, and oleyl alcohol. Still other classes of the alcohols capable of yielding the esters of this invention comprise the ether alcohols and amino alcohols including, for example, the oxyalkylene-, oxy- arylene-, aminoalkylene-, and aminoarylene-substituted alcohols having one or more oxyalkylene, oxyarylene, aminoalkylene or aminoarylene radicals. They are exemplified by Cellosolve, Carbitol, N,N,N',N'- tetrahydroxy-trimethylene diamine, and ether alcohols having up to about 150 oxyalkylene radicals in which the alkylene radical contains from 1 to about 8 carbon atoms. The ester dispersant may be diesters of succinic acids or acidic esters, i.e., partially esterified succinic acids; as well as partially esterified polyhydric alcohols or phenols, i.e., esters having free alcohols or phenolic hydroxyl radicals. Mixtures of the above illustrated esters likewise are contemplated within the scope of this invention. The ester dispersant may be prepared by one of several known methods as illustrated for example in U.S. Patents 3,381,022 and 3,836,471. Hydroxy amines which can be reacted with the aforesaid long chain hydrocarbyl-substituted dicarboxylic acid materials to form dispersants include 2-amino-l-butanol, 2-amino-2-methyl-l-propanol, p- (beta-hydroxyethylj^-aniline, 2-amino-l-propanol, 3- amino-1-propanol, 2-amino-2-methyl-l,3-propanediol, 2- amino-2-ethyl-1,3-propanediol, N-(beta-hydroxy- propyl)-N'-(beta-a inoethyl)-piperazine, tris(hydroxymethyl) aminomethane (also known as trismethylolaminomethane) , 2-amino-l-butanol, ethanolamine, beta-(beta-hydroxyethoxy)ethylamine, and the like. Mixtures of these or similar amines can also be employed. The above description of nucleophilic reactants suitable for reaction with the hydrocarbyl- substituted dicarboxylic acid material includes amines, alcohols, and compounds of mixed amine and hydroxy containing reactive functional groups, i.e., amino- alcohols. A preferred group of ashless dispersants are those derived from polyisobutylene substituted with succinic anhydride groups and reacted with said polyethylene amines, e.g., tetraethylene pentamine, pentaethylene hexamine, polyoxyethylene and polyoxypropylene amines, e.g., polyoxypropylene diamine, trismethylolaminomethane, or said above- described alcohols such as pentaerythritol, and combinations thereof. One class of particularly preferred dispersants includes those derived from polyisobutene substituted with succinic anhydride groups and reacted with (i) a hydroxy compound, e.g., pentaerythritol, (ii) a polyoxyalkylene polyamine, e.g., polyoxypropylene diamine, and/or (iii) a polyalkylene polyamine, e.g., polyethylene diamine or tetraethylene pentamine. Another preferred dispersant class includes those derived from polyisobutenyl succinic anhydride reacted with (i) a polyalkylene polyamine, e.g., tetraethylene pentamine, and/or (ii) a polyhydric alcohol or polyhydroxy-substituted aliphatic primary amine, e.g., pentaerythritol or trismethylolaminomethane. 2. Reaction products of relatively high molecular wieght aliphatic or alicyclic halides with amines, preferably polyalkylene polyamines. These may be characterized as "amine dispersants" and examples thereof are described for example, in the U.S. Patents 3,275,554, 3,454,555 and 3,565,804. 3. Reaction products of alkyl phenols in which the alkyl group contains at least about 30 carbon atoms with aldehydes (especially formaldehyde) and amines (especially polyalkylene polyamines), which may be characterized as "Mannich dispersants. " The materials described in the following U.S. Patents are illustrative: U.S. Patent 3,725,277 U.S. Patent 3,725,480 U.S. Patent 3,726,882 U.S. Patent 3,980,569 4. Products obtained by post-treating the carboxylic, amine or Mannich dispersants with such reagents as urea, thiourea, carbon disulfide, phosphosulfurized hydrocarbons, aldehydes, ketones, carboxylic acids, hydrocarbon-substitued succinic anhydrides, nitriles, epoxides, boron compounds, phosphorus compounds or the like. Exemplary materials of this type are described in the following U.S. Patents: U.S. Patent 2,805,217 U.S. Patent 3,087,936 U.S. Patent 3,254,025 U.S. Patent 3,394,179 U.S. Patent 3,511,780 U.S. Patent 3,703,536 U.S. Patent 3,704,308 U.S. Patent 3,708,422 U.S. Patent 3,850,822 U.S. Patent 4,113,639 U.S. Patent 4,116,876 More specifically, the nitrogen and ester containing dispersants preferably are further treated by boration as generally taught in U.S. Patents 3,087,936 and 3,254,025 (incorporated herein by reference) . This is readily accomplished by treating the selected nitrogen dispersant with a boron compound selected from the class consisting of boron oxide, boron halides, boron acids and esters of boron acids in an amount to provide from about 0.1 atomic proportion of boron for each mole of said nitrogen dispersant to about 20 atomic proportions of boron for each atomic proportion of nitrogen of said nitrogen dispersant. Usefully borated dispersants contain from about 0.05 to 2.0 wt. %, e.g., 0.05 to 0.7 wt. % boron based on the total weight of said borated nitrogen dispersant. The boron, which appears to be in the product as dehydrated boric acid polymers (primarily (HB0 2 )3), is believed to attach to the dispersant imides and diimides as amine salts, e.g., the metaborate salt of said diimide. Treating is readily carried out by adding from about 0.05 to 4, e.g., 1 to 3 wt. % (based on the weight of said nitrogen dispersant) of said boron compound, preferably boric acid which is most usually added as a slurry to said nitrogen dispersant and heating with stirring at from about 135 to 190°C, e.g., 140-170°C, for from 1 to 5 hours followed by nitrogen stripping at said temperature ranges. Or, the boron treatment can be carried out by adding boric acid to the hot reaction mixture of the dicarboxylic acid material and amine while removing water. 5. Interpolymers of oil-solubilizing monomers such as decyl methacrylate, vinyl decyl ether and high molecular weight olefins with monomers containing polar substituents, e.g., aminoalkyl acrylates or acrylamides and poly-(oxyethylene)-substituted acrylates. These may be characterized as "polymeric dispersants" and examples thereof are disclosed in the following U.S. Patents: U.S. Patent 3,329,658 U.S. Patent 3,519,565 U.S. Patent 3,666,730 U.S. Patent 3,702,300 All of the above-noted patents are incorporated by reference herein for their disclosures of ashless dispersants. Lubricating oil flow improvers (LOFI) include all those additives which modify the size, number, and growth of wax crystals in lube oils in such a way as to impart improved low temperature handling, pumpability, and/or vehicle operability as measured by such tests as pour point and mini rotary viscometry (MRV) . The majority of lubricating oil flow improvers are polymers or contain polymers. These polymers are generally of two types, either backbone or sidechain. The backbone variety, such as the ethylene-vinyl acetates (EVA), have various lengths of methylene segments randomly distrubuted in the backbone of the polymer, which associate or cocrystallize with the wax crystals inhibiting further crystal growth due to branches and non-crystalizable segments in the polymer. The sidechain type polymers, which are the predominant variety used as LOFI's, have methylene segments as the side chains, preferably as straight side chains. These polymers work similarly to the backbone type except the side chains have been found more effective in treating isoparaffins as well as n- paraffins found in lube oils. Representative of this type of polymer are Cg-Cig dialkylfumarate/vinyl acetate copolymers, polyacrylates, polymethacrylates, and esterified styrene-maleic anhydride copolymers. Foam control can be provided by an anti-foamant of the polysiloxane type, e.g., silicone oil and polydimethyl siloxane. Anti-wear agents, as their name implies, reduce wear of moving metallic parts. Representative of conventional anti-wear agents which may be used to supplement the present phosphorous- and sulfur- containing reaction product mixture are the zinc dialkyl dithiophosphates, and the zinc diaryl dithiophosphates. However, it is an important advantage of the present invention that supplemental anti-wear agents do not have to be employed and, in fact, can be excluded from the compositions of this invention. Seal swellants include mineral oils of the type that provoke swelling, including aliphatic alcohols of 8 to 13 carbon atoms such as tridecyl alcohol, with a preferred seal swellant being characterized as an oil- soluble, saturated, aliphatic or aromatic hydrocarbon ester of from 10 to 60 carbon atoms and 2 to 4 linkages, e.g., dihexyl phthalate, as are described in U.S. Patent 3,974,081. Some of these numerous additives can provide a multiplicity of effects e.g., a dispersant oxidation inhibitor. This approach is well known and need not be further elaborated herein. Compositions, when containing these additives, typically are blended into the base oil in amounts which are effective to provide their normal attendant function. Representative effective amounts of such additives are illustrated as follows: Compositions V.I. Improver Corrosion Inhibitor Oxidation inhibitor Dispersant Lube Oil Flow Improver Detergents and Rust Inhibitors Anti-Foaming Agents Anti-wear Agents Seal Swellant Friction Modifiers Lubricating Base Oil In broad sense therefore, the phosphorous- and sulfur-containing reaction product mixture additive of the present invention, when employed in a lubricating oil composition, typically in a minor amount, is effective to impart at least one of enhanced anti-wear and anti-oxidant, relative to the same composition in the absence of the present additive. Additional conventional additives, particularly dispersants and friction modifiers, selected to meet the particular requirements of a selected type of lubricating oil composition also, can be included as desired. Accordingly, while any effective amount of the phosphorous- and sulfur-containing mixed reaction product additive can be incorporated into a lubricating oil composition, it is contemplated that such effective amount be sufficient to provide a given composition with an amount of the additive of typically from about 0.01 to about 25, preferably from about 0.1 to about 5.0, and most preferably from about 0.5 to about 1.0 wt.%, based on the weight of said composition. Similarly, while any effective amount of a friction modifier additive can be incorporated into an oil composition, it is contemplated that such effective amount be sufficient to provide said composition with an amount of the friction modifier additive of typically from about 0.05 to about 1, preferably from about 0.08 to about 0.8 and most preferably from about 0.1 to about 0.50 wt.%, based on the weight of said composition, and it is contemplated that an effective amount of the a dispersant material typically will be in the range of from about 1 to about 10, preferably from 2 to about 8, and most preferably from 3 to about 6 wt.% based on the weight of the composition. When other additives are employed, it may be desirable, although not necessary, to prepare additive concentrates comprising concentrated solutions or dispersions of the present phosphorous- and sulfur- containing reaction product mixture, together with the other additives (said concentrate additive mixture being referred to herein as an additive package) whereby the several additives can be added simultaneously to the base oil to form the lubricating oil compositions. Dissolution of the additive concentrate into the lubricating oil may be facilitated by solvents and by mixing accompanied with mild heating, but this is not essential. The concentrate or additive package typically will be formulated to contain the phosporus- and sulfur-containing reaction ■product mixture of this invention and optional additional additives in proper amounts to provide the desired concentration in the final formulation when the additive package is combined with a predetermined amount of base lubricant. Thus, the phosporus- and sulfur-containing reaction product mixture of this invention can be added to small amounts of base oil or, optionally, to other compatible solvents, along with other desirable additives to form concentrates containing active ingredients in collective amounts of typically from about 25 to about 100, and preferably from about 65 to about 95, and most preferably from about 75 to about 90 wt.% additives in the appropriate proportions, with the remainder being base oil. The final formulation may employ typically about 10 wt. % of the additive package with the remainder being base oil. All of said weight percents expressed herein are based on active ingredient (a.i.) content of the additive, and/or upon the total weight of any additive package, or formulation which will be the sum of the a.i. weight of each additive plus the weight of total oil or diluent. The use of the present phosphorous- and sulfur- containing anti-wear additives permit the formulator to flexibly tailor an ATF in order to achieve the balance of properties required under today's more stringent transmission manufacturers' specifications. The following examples are given as specific illustrations of the claimed invention. It should be understood, however, that the invention is not limited to the specific details set forth in the examples. All parts and percentages in the examples as well as in the remainder of the specification and claims are by weight unless otherwise specified. EXAMPLE 1C (Comparative) A phosphorous- and sulfur-containing reaction product mixture was prepared at atmospheric pressure by adding to a stainless steel reactor 135.55 parts of tributyl phosphite, 132.0 parts of hydroxyethyl-n- dodecyl sulfide, 66.1 parts of thiobisethanol, and .054 parts of sodium methoxide. The reaction was equipped with internal heating and cooling cools, a reflux condenser, a knock-out pot and vacuum capabilities, for stripping operations. The reactor was also equipped with a mixer and a nitrogen sparger. The reactor was charged over a period of 2.0 hours. The reactor was then sealed and flushed with nitrogen, and the contents thereof was heated to 110°C over a period of 1.5 hours. The reaction temperature was maintained at 110-115°C until total acid number (TAN) analysis indicated a TAN of 92.1. This continued heating (soaking) took about 9.0 hours. Heating was then discontinued and the reaction mixture was cooled to 90°C and vacuum stripped of the butyl alcohol which formed as a by-product during the reaction by means of a nitrogen sweep. The stripping step was continued for 14.8 hours, after which the reaction mixture was cooled to 40°C, 33.45 parts of tridecyl alcohol was added (blendback) and the product was pumped from the reactor. The cooldown took about 2.5 hours, and the pumpout took about 3.0 hours. The total process thus took 32.8 hours. The product was analyzed using 1 C NMR spectral analysis and it was found to contain 53.0 mole % of sulfur-containing thioether species, 24.6 mole % of phosphite ester species, 18.6 mole % of alcohol species, and 7.8 mole % of other species. All 13 C measurements were taken on a JEOL GSX-400 NMR Spectrometer operating at 100.40 MHz. The samples were prepared to be between 20 and 30% wt/wt in CDCI3. A standard single pulse experiment was used with a 90° flip angle, and preacquisition delay 4 sec. Broadband proton decoupling was gated off during preacquisition and evolution and on throughout data acquisition. Chemical shifts reported are internally referenced to deuterochloroform. The spectral observation window was selected to be 24038.5 Hz with 16K data points per scan. All FFTs were done with a 4 Hz gaussian line broadening multiplication prior to transformation. Integral intensities were digitally measured and the values were reported in mole percents The product was also analyzed using 31 P NMR spectral analysis and it was found that the phosphite ester species contained 0.7 mole % of the species designated as formula XIII above, 7.9 mole % of the species designated as formula XIV, 55.4 mole % of the species designated as formula XI, 31 mole % of the species designated as formula XII, and 4.9 mole % "other". The resulting reaction product was found to contain 4.8 wt % phosphorous and 9.11 wt. % sulfur and existed as a single phase mixture. EXAMPLES 2C - 5C The procedure of EXAMPLE 1C was repeated except that the amounts of reactants were varied slightly, as were the charge, preheat, soak, strip, cooldown and pumpout times. The results of EXAMPLES 2C-5C (as well as 1C) are set forth in Tables 3, 4 and 5 below. TABLE 3 CHARGE, parts by wt. EXAMPLE NO. 1C 2C 3C 4C 5C tributyl phosphite 135.55 133.10 127.00 142.10 117.70 hydroxyethyl-n- dodecyl sulfide 132.80 135.10 120.10 133.20 116.82 thiobisethanol 66.10 65.95 59.60 66.00 57.60 sodium methoxide .054 .057 .050 .050 .040 tridecyl alcohol 33.45 33.30 15.80 24.14 8.15 waste butyl alcohol 19.30 18.32 14.66 24.13 10.19 ANALYSIS wt.% phosphorous 4.8 4.7 5.1 5.0 4.9 wt.% sulfur 9.11 10.4 10.2 10.2 10.5 total acid number 92.1 88.0 85.0 90.6 84.4 (TAN) mg KOH/gm TABLE 4 TABLE 5 stripping was conducted at elevated temperature (115°C) to reduce strip time, and therefor the total cycle time. EXAMPLES 6-11 The general procedure of EXAMPLE 1C was followed, except that the reaction step (heat soak) was conducted under a reduced pressure of -60 KPa, and the separate stripping step was eliminated. The results of EXAMPLES 6-11 are set forth in Tables 6, 7 and 8 below. The amounts reported are in parts by weight. TABLE 6 CHARGE PARTS BY WEIGHT EXAMPLE NO. 10 11 tributyl phosphite 142.10 150.30 139.55 150.80 151.30 150.85 hydroxy- ethyl-n- dodecyl sulfide 133.00 140.70 130.75 141.30 141.65 141.70 thiobis¬ ethanol 66.10 70.05 65.00 70.60 70.60 70.15 sodium methoxide .05 05 05 .05 05 .05 tridecyl alcohol 31.60 64.15 21.70 26.95 42.45 35.40 waste butyl alcohol 35.20 71.36 23.94 29.78 47.02 38.92 ANALYSIS wt.% phos¬ phorous 5.3 5.0 5.2 5.2 5.1 5.1 wt.% sulfur 10.3 9.7 10.8 11.3 11.2 11.6 total acid number (TAN) mg KOH/gm 52.5 10.7 37 34 11 11.6 TABLE 7 EXAMPLE NO. 7 31 P NMR (mole %) tributyl phosphite 0 0 0 0 Product represented by: formula XI 74.2 69.2 39.2 44.2 formula XII 8.9 19.5 48.0 40.3 formula XIII 1.1 0.6 0.7 0.6 formula XIV 9.5 6.9 6.1 6.5 other 6.3 3.7 6.1 8.4 TABLE 8 1 = charge actually 12.5 hours due to 10 hour raw material delay EXAMPLE 12C A phosphorous- and sulfur-containing reaction product mixture was prepared by adding to a round bottom 4-neck flask equipped with a reflux condenser, a stirrer bar and a nitrogen bubbler 246 parts of hydroxyethyl-n-dodecyl sulfide, 122 parts of thiobisethanol, and 194 parts of dibutyl phosphite. The flask was sealed and flushed with nitrogen, and the contents were heated at 95°C. The reaction temperature was maintained at 95°C. until approximately 13.5 mis of butyl alcohol were recovered as overhead (about 0.15 moles) . Heating was continued until the TAN of the reaction mixture reached about 98. This continued heating took 13.0 hrs, during which time almost no additional butyl alcohol came off. The reaction mixture was then cooled and stripped of residual butyl alcohol by means of a nitrogen sweep. After the reaction mixture was cooled below about 70°C, 40.0 parts of tridecyl alcohol were added with stirring. The overall cycle time charging, reaction and stripping was about 27.5 hours. The product, after the addition of the tridecyl alcohol, was analyzed using 13 C NMR spectral analysis and it was found to contain 46.3 mole % of sulfur-containing thioether species, 22.4 mole % of phosphite ester species, 22.4 mole % of alcohol species, and 8.8 mole % of other species. All 13 C measurements were taken on a JEOL GSX-400 NMR Spectrometer operating at 100.40 MHz. The samples were prepared to be between 20 and 30% wt/wt in CDCI3. A standard single pulse experiment was used with a 90° flip angle, and preacquisition delay 4 sec. Broadband proton decoupling was gated off during preacquisition and evolution and on throughout data acquisition. Chemical shifts reported are internally referenced to deuterochloroform. The spectral observation window was selected to be 24038.5 Hz with ' 16K data points per scan. All FFTs were done with a 4 Hz gaussian line broadening multiplication prior to transformation. Integral intensities were digitally measured and the values were reported in mole percents The product was also analyzed using 31 P NMR spectral analysis and it was found that the phosphite ester species contained 0 mole % of the species designated as formula XIII above, 0 mole % of the species designated as formula XIV, 58.2 mole % of the species designated as formula XI, 37.1 mole % of the species designated as formula XII, and 4.7 mole % "other". The resulting reaction product, after the addition of the tridecyl alcohol, was found to contain 5.82 wt % phosphorous, 11.6 wt. % sulfur, a TAN of 91.36, and existed as a single phase mixture. EXAMPLES 13-15 The procedure of EXAMPLE 12C was repeated except that the reaction step was carried out under vacuum conditions (-60 KPa), the reaction temperature was 95°C, and the separate stripping step was eliminated. The results of EXAMPLES 12C and 13-15 are set forth in Tables 9, 10 and 11 below. TABLE 9 EXAMPLE NO. 1 = after addition of tridecyl alcohol 2 = not determined Product represented by: formula XI formula XII formula XIII formula XIV other 1 = no blendback of tridecyl alcohol for EXAMPLES 13, 14 and 15 A = atmospheric B ■ -60 KPa The data in Tables 5, 8 and 11 indicate that the reduced pressure process of the present invention resulted in reduced cycle times. EXAMPLE 16 Part A A polyisobutenyl succinic anhydride (PIBSA) having an SA:PIB ratio, i.e. functionality, of 1.04, was prepared by heating a mixture of 100 parts of polyisobutylene (PIB) having a number average molecular weight (Mn) of 940 with 13 parts of maleic anhydride to a temperature of about 220°C. When the temperature reached 120°C, chlorine addition was begun and 1.05 parts of chlorine at a constant rate were added to the hot mixture for about 5 hours. The reaction mixture was then heat soaked at 220°C. for about 1.5 hours and then stripped with nitrogen for about 1 hour. The resulting polyisobutenyl succinic anhydride had an ASTM Saponification Number of 112 which calculates to a succinic.anhydride (SA) to polyisobutylene (PIB) ratio of 1.04 based upon the starting PIB as follows: SA:PIB ratio = (Functionality) SAP x Mn 112 x 940 = 1.04 112200-(96 x SAP) 112200-(96 x 112) The PIBSA product composition was 90 wt. % active ingredient (a.i.), the remainder being primarily unreacted PIB. The SA:PIB ratio of 1.04 is based upon the total PIB charged to the reactor as starting material, i.e., both the PIB which reacts and the PIB which remains unreacted. Part B The PIBSA of Part A was animated as follows: 1500 grams (1.5 moles) of the PIBSA and 1666 grams of S150N lubricating oil (solvent neutral oil having a viscosity of about 150 SSU at 100°C.) were mixed in a reaction flask and heated to about 149°C. Then, 193 grams (1 mole) of a commercial grade of polyethylenea ine which was a mixture of polyethylenea ines averaging about 5 to 7 nitrogen per molecule, hereinafter referred to as PAM, was added and the mixture was heated to 150°C. for about 2 hours; followed by 0.5 hours of nitrogen stripping, then cooling to give the final product (PIBSA-PAM). This product had a viscosity of 140 cs. at 100°C, a nitrogen content of 2.12 wt. % and contained approximately 50 wt. % PIBSA-PAM and 50 wt. % unreacted PIB and mineral oil (S150N). Part C The PIBSA-PAM of Part B was borated as follows: 98 parts by weight of the PIBSA-PAM were mixed with 2 parts by weight of boric acid and the mixture was heated to 160°C. while stirring and blowing the reaction mass with nitrogen. The mixture was kept at 160°C. for 2 hours, sparged with nitrogen for 1 hour and filtered. The resulting product was analyzed for 0.35 % boron. EXAMPLE 17 A hydroxyl amine of the formula: wherein p is 1; X is 0; Rg is a Cig aliphatic hydrocarbon radical; Rg is H; Rio is C3 alkylene; Rn and Rι 2 are C 2 alkylene; and each q is 1 was prepared by first reacting 270 parts by weight of octadecyl alcohol with 53 parts by weight of acrylonitrile in the presence of KOH at a temperature in the range of 100 to 110°F. for about 18 hours to form an ether nitrile intermediate. The intermediate was then hydrogenated in the presence of a Raney Nickel catalyst at a temperature in the range of from 270 to 280°F. until 2 moles of hydgrogen had been absorbed. The ether amine was then reacted with 88 parts by weight of ethylene oxide at a temperature in the range of about 280°F. for 12 hours to form the hydroxyl amine product. EXAMPLE 18 An ATF base fluid, designated hereinafter as the Test Base, was formulated with conventional amounts of seal swell additive, anti-oxidant, viscosity index improver and mineral oil base. To two samples of the Test Base there were added the borated PIBSA-PAM dispersant of EXAMPLE 16, Part C, together with a phosphorous- and sulfur-containing mixture prepared in accordance with one of EXAMPLES 6 or 13. To each sample there was also added a hydroxyl amine friction modifier in accordance with formula VII of EXAMPLE 17 above, wherein p is 1, Rg is hydrogen, Rg and Rio, combined, are a Ci aliphatic hydrocarbon radical, Rn and Rι 2 are C 2 alkylene, and each q is 1. The compositions of the resulting formulations are summarized in Table 12 as follows, wherein the formulation numbers correspond to the EXAMPLE number which describes the preparation of the particular phosphorous- and sulfur-containing reaction product mixture that was used to prepare the respective formulations: TABLE 12 EXAMPLE NO. 1C 13 p- and s-containing product of: EXAMPLE 1C 0.5 0 0 EXAMPLE 6 0 0.5 0 EXAMPLE 13 0 0 0.5 I s 88.40 mineral oil base; 0.51 seal swell additive; 0.31 anti-oxidant and 4.10 viscosity index improver. 4000 CYCLE FRICTION TEST This test uses an SAE No. 2 type friction machine operated successfully for 4000 cycles wherein no unusual clutch plate wear or composition-face plate flaking occurs. The test is conducted in a continuous series of 20 second cycles, each cycle consisting of three phases as follows: Phase I (10 seconds) - motor on at speed of 3,600 rpm, clutch plates disengaged; Phase II (5 seconds) - motor off, clutch plates engaged; and Phase III (5 seconds) - motor off, clutch plates released. 4000 cycles are repeated using 20740 J. of flywheel energy at 40 psi. of applied cutch pressure. During the clutch engagement, friction torque is recorded as a function of time as the motor speed declines from 3600 rpm to 0. From the torque traces, the dynamic torque (TD) is determined midway between the start and end of clutch engagement (i.e. at a motor speed of 1800 rpm), as well as the torque (TQ) just before lock-up, e.g., between 0 and 20 rpm. The amount of time in seconds in phase II it takes for the motor speed to go from 3600 to 0 rpm is referred to as the lock-up time. The torque ratio of the oil formulation is then determined from (TQ/TQ) as is the torque difference (TQ-TD) • In addition to determining midpoint dynamic torque (TQ) and static torque (TQ), the breakaway static torque (Tg) is also determined. This is achieved by rotating the composition plates at 2 to 3 rpm under a load of 40 psi. while locking the steel reaction plates and preventing them from rotating. The torque is then measured until slippage occurs. The breakaway static torque expresses the ability of the transmission to resist slippage; the lower the breakaway static torque, the higher the slippage. Target values for T Q are between about 120 and 150, target values for T Q are 155 maximum, target values for Tg are between about 90 and 125, and target values for Q / Q are between about 0.9 to 1.0. The above test was performed an ATF formulations 1C, 6 and 13. The following is a summary of the test conditions: Cycle Rate: 3 per minute Cycle Make-up: Motor on, clutch released 10 sec Motor off, clutch applied 5 sec Motor off, clutch released 5 sec Temperature: 115 +/- 5°C. Pressure: 275 +/- 3 kPa Velocity: 3600 rpm Energy: 20740 +/1 100 J Fluid Quantity: 305 mL +/- 5 mL Paper Speed: 100mm per sec Torque Calibration 2700 Nm Total Cycles: 4000 The results of the test are shown in Table 13. The data reported in Table 13, which is derived from 4000 cycle friction test, at 200 cycles and 4000 cycles, shows that using ATF Formulations 1C, 6 and 13 resulted in only a slight change in Q/T Q between the 200th and 4000th cycles; a change which reflects good friction stability. The breakaway static torque values (Tg), the tarque ratio (T Q /T * -)), the dynamic torque values (TQ) and the static torque (T 0 ) all were found to be within the target values. Formulations 1C, 6 and 13 were then tested in the High-energy, Friction Characteristics and Durability Test (HEFCAD) described in Dexron II R Specification GM6137-M, Published by GMC Engineering Staff, Engineering Standards Section. This test is run for about 18,000 cycles (i.e. 100 hours). This test uses a SAE No. 2 Friction Machine operated successfully for 100 hours wherein no unusual clutch plate wear or composition-face plate flaking occurs. After a' break-in period of 24 hours, the test is conducted in a continuous series of 20 second cycles, each cycle consisting of three phases as follows: Phase I (10 seconds) - motor on at speed of 3,600 rpm, clutch plates disengaged; Phase II (5 seconds) - motor off, clutch plates engaged; and Phase III (5 seconds) - motor off, clutch plates released. The cycles are repeated for 75 hours after the break-in (i.e. a total of 18,000 cycles) or until failure. The static torque (TQ) in the HEFCAD procedure is measured at an engine speed (rpm) at which the slope of the torque curve approaches infinity, e.g., between 20 and about 0 rpm. The dynamic torque (T Q ) is measured midway between the start and end of clutch engagement, i.e at 1800 rpm. Data is reported after 100 hours of test operation. The torque differential (TQ-TQ) not only expresses the primary friction characteristic but its change over the duration of the test (i.e., between completion of break-in and 100 hours of operation) reflects friction stability. The results of the HEFCAD test for Formulations IC, 6 and 13 are summarized at Table 14. TABLE 14 Net Change in TQ-TD over 18000 T 0 T D Tg T 0 -T D cycles Formulation (Nm) (Nm) (Nm) (Nm) (100 hours) 13 126 126 92 +2 Target Values 115-175 <14 1 = not determined The data in Table 14 demonstrates that acceptably high dynamic torques and friction stability are obtained with the products of the invention. SPRAG WEAR TEST This sprag clutch wear test uses a General Motors model THM 440-T4 automatic transmission equipped vehicle, operated at a transmission sump temperature of 225°F in a cyclic manner accelerating from idling to an engine speed of about 5800 rpm for 1000 cycles. After the test period, the input sprag clutch inner race, sprag assembly, and outer race are visually inspected for wear. The results of this test when using a sample of Formulation 6 as the test fluid are summarized in Table 15 as follows: TABLE 15 Input Sprag Clutch, Inner Race No visual wear in element contact area Input Sprag Clutch, Clutch assembly No visual wear Input Sprag Clutch, Outer Race No visual wear Transmission Shift Speed 5800 rpm Sump Temperature During Test, °F. Min. Max. A Avvg. Ϊ8 " 240 225 EXAMPLE 20 The ATF base fluid according to EXAMPLE 18 was separated into three aliquots. To a first of the aliquots there was added 0.51 weight % of the phosphorous- and sulfur-containing reaction product prepared in accordance with EXAMPLE 6 (Formulation 6) , ■and to a second aliquot there was added 0.51 weight % of the reaction product prepared in accordance with EXAMPLE 13 (Formulation 13). The third aliquot was untreated (control) . The three aliquots were then subjected to the Laboratory Multiple Oxidation Test (LMOT) . In this test, 50 ml of test fluid with 2.0 gm of iron filings and 0.5 gm of a 1% solution of copper naphthenate is heated to 150°C and 25 ml of air per minute is passed through the sample. Daily samples are taken and the number of days for visible sludge to appear on blotter paper is recorded. Results are given as "Days to Fail". The results obtained using the above three fluids as test samples are shown in Table 15. TABLE 16 ADDITIVE DAYS TO FAILURE The data in Table 16 shows the strong anti-oxidation performance of the products of the invention. The principles, preferred embodiments, and modes of operation of the present invention have been described in the foregoing specification. The invention which is intended to be protected herein, however, is not to be construed as limited to the particular forms disclosed, since these are to be regarded as illustrative rather than restrictive. Variations and changes may be made by those skilled in the art without departing from the spirit of the invention.

Claims: CLAIMS : 1. A composition comprising reaction product of a reaction mixture comprising: (i) at least one beta-hydroxy thioether reactant represented by the formula: R-(SCH 2 CH2θH) x I wherein R represents an unsubstituted or substituted hydrocarbyl group and wherein x is a number from 1 to 2 and which identifies the number of -SCH2CH2OH groups attached to R; and (ii) an amount of phosphorous-containing reactant selected from the group consisting of monohydrocarbyl dihydrogen phosphite, dihydrocarbyl hydrogen phosphite, trihydrocarbyl phosphite, and mixtures thereof, sufficient to provide at least about ten mole percent of phosphorous containing reactant based on the total moles of reactants in said reaction mixture; wherein said reaction mixture is admixed in a manner and under conditions sufficient: (A) to form hydrocarbyl phosphorous-containing product comprising at least 80 mole % of a mixture of hydrocarbyl phosphites, wherein at least one phosphite of said mixture is represented by the formula XI: 0 HO T P-H XI *R" and at least one phosphite of said mixture is represented by formula XII: wherein each "R", independently represents the same or different (i) residue from beta-hydroxy thioether reactant, and (ii) hydrocarbyl oxy residue from said phosphorous-containing reactant, provided that at least some of "R" constitutes beta-hydroxy thioether residue, and wherein said hydrocarbyl phosphorous-containing product comprises at least 25 mole % of said composition, and (B) to limit the formation of thioether- containing species which can form during said reaction to less than about 45 mole % of said composition. 2. The composition of claim 1 wherein: (1) in structural formula I, R represents a member selected from the group consisting of: substituted or unsubstituted C1-C30 aliphatic hydrocarbyl; substituted or unsubstituted Cg-Ci4 aromatic hydrocarbyl; mixed aromatic/aliphatic hydrocarbyl wherein the aromatic and aliphatic portions thereof are as described immediately above; -R20OH or -SR20 OH f wherein R20 is independently as described in connection with R as aliphatic, aromatic, and mixed aliphatic/aromatic; (2) the phosphorous-containing reactant is selected from the group consisting of organic phosphite esters having at least one of the following formulas: P(0Ri) 3 II 0 H- tP-(0Rι)2 HI 0 I H-P-ORi IV I OH wherein Ri, independently, represents the same or different substituted or unsubstituted C1-C30 saturated or unsaturated, straight or branched chain, aliphatic group. 3. The composition of claim 2, wherein x is 1; and R represents at least one member selected from the group consisting of C1-C30 alkyl; Cg-Ci4 aryl; alkaryl or aralkyl wherein the alkyl and aryl portions thereof are as described immediately above; -R 2 QOH, -SR 2 OOH, or ~(Rl5 wherein: R 2 Q and R15, independent- ly, represent alkyl, aryl, aralkyl and alkaryl as described in connection with R immediately above; Rig is C 2 to C4 alkanetriyl; R17 is H or substituted or unsubstituted Cι-Cιg aliphatic hydrocarbyl; m is a number of from 1 to 6 and represents the number of repeating oxyalkylene groups; and z is 0 or 1. 4. The composition of claim 3, wherein in said beta-hydroxy thioether R is C -Cιg alkyl. 5. The composition of claim 3, wherein in said beta-hydroxy thioether x is 1; R is selected from the group consisting of Ci to C5 alkyl, -R 2 QOH, and mixtures thereof, and wherein R is Ci to C5 alkylene; Rig is C 2 alkanetriyl, R17 is H, z is 0, and m is a number of from 1 to 3. 6. The composition of claim 3, wherein, in said phosphorous-containing reactant, each R , independently, represents C r ^ alkyl. 7. The composition of claim 6, wherein each R is the same. 8. The composition of any one of claims 1 to 7, wherein said reaction mixture comprises at least about twenty mole percent of phosphorous-containing reactant based on the total number of moles of reactants in said reaction mixture. 9. A hydrocarbon soluble or dispersible mixture of compounds comprising phosphorous- and sulfur- containing reaction product prepared by reacting an admixture comprising: (1) at least one organic phosphite ester selected from esters represented by at least one of the formulas II, III or IV: P(0Ri) 3 II 0 wherein Ri, independently, represents the same or different C1-C5 saturated or unsaturated, straight or branched chain aliphatic hydrocarbyl radical; (2) hydrocarbyl thioalkanol represented by at least one of the following formulas V or VI: R 2 -S- (R 3 0) n H V R 4 R 2 -S-R5-OH VI wherein R 2 represents a C -C3Q saturated or unsaturated, substituted or unsubstituted straight or branched chain hydrocarbyl radical having at most two unsaturated linkages; R3 represents a C 2 -C4 alkanetriyl radical; R4 represents H or a Cι-Cιg saturated or unsaturated, substituted or unsubstituted straight or branched chain hydrocarbyl radical; R5 represents a C 2 - C30 saturated or unsaturated, substituted or unsubstituted straight or branched chain hydrocarbyl radical; and n represents a number of from about 1 to 6; and (3) heterodialkanol having the following formula VII: R 6 -, R 7 H—OCH-(CH2)a— Z^CH^e-CHO—H VII -b _ _d wherein Rg and R7 each independently represent hydrogen, or a C1-C12 alkyl; Z is a linking group selected from -S-, -0-, and >NRιg, wherein Ri is hydrogen, C1-C4 alkyl, or monohydroxy-substituted Ci- Cι 2 alkyl; and a, b, c and d each independently represent the same or different number 1-3; said reaction having been conducted at a temperature of from about 70 to about 130°C. for a period of from about 1 to about 10 hours at reduced pressure of from about -40 KPa to about -100 KPa so as to form said dispersible mixture of compounds comprising less than about 45 mole %, based on the entire mixture, of thioether containing species. 10. The mixture of claim 9, wherein each Ri represents the same radical. 11. The mixture of claim 9, wherein said hydrocarbyl thioalkanol (2) is represented by the formula V, and wherein R 2 is C10-C 4 alkyl, R3 is C 2 alkanetriyl, R4 is H, and n is a number from 1 to about 3. 12. The mixture of claim 9, wherein said hydrocarbyl thioalkanol (2) is represented by the formula VI, and wherein R 2 is C10-C14 allcyl, and R5 is C 2 -Cιg alkylene. 13. The mixture of any one of claims 9 to 12, wherein, in said heterodialkanol (3), both Rg and R7 are H, each of a, b, c and d is 1, and Z is -S-S- or -S-. 14. The mixture of claim 9, wherein at least 80 mole % of the phosphorous-containing compounds therein comprises at least one component represented by the formula: O HO- P-H XI "R" and at least one other component represented by the formula: 0 R". P-H; XII "R" wherein each "R", independently, represents the same or different residue selected from the group consisting of residues having the formulas: R 2 -S-(R 3 0) n -, R 4 Rg R 7 H-COCH-(CH 2 ) a j-Z HCH )c-CHθ3- wherein R 2 , R3, R4, R5, Rg, R7, z a, b, c, and d are described in claim 9. 15. The mixtue of claim 14, wherein R7 and Rg each are H, and a, b, c and d are each 1 and Z is -S-S- or -S-. 16. An additive concentrate comprising a base oil in an amount up to about 75 wt.% and from about 25. wt.% up to about 100 wt.% of said concentrate of an additive mixture comprising the composition of claim 1. 17. A process for improving at least one of the anti-wear and anti-oxidation properties of an oleaginous composition which comprises admixing with an oleaginous material selected from the group consisting of fuels and lubricating oils, a phosphorous- and sulfur-containing additive composition according to claim 1. 18. A process for preparing phosphorous- and sulfur-containing composition comprising: (A) providing an admixture comprising: (1) at least one beta-hydroxy thioether reactant represented by the formula: R-(SCH 2 CH 2 OH) x I wherein R represents an unsubstituted or substituted hydrocarbyl group and wherein x is a number from 1 to 2 and identifies the number of -SCH2 CH 2 OH gro ps attached to R; and (2) an amount of phosphorous-containing reactant selected from the group consisting of monohydrocarbyl dihydrogen phosphite, dihydrocarbyl hydrogen phosphite, trihydrocarbyl phosphite, and mixtures thereof, sufficient to provide at least about ten mole percent of phosphorous-containing reactant based on the total moles of reactants in said reaction mixture; (B) heating the admixture prepared in accordance with Step (A) in a manner and under conditions sufficient: (1) to cause the beta-hydroxy thioether to react with the phosphorous-containing reactant to form a product mixture comprising: (i) hydrocarbyl phosphorous-containing product comprising at least 80 mole % of a mixture of mono- and dihydrocarbyl phosphites having within their structures at least some hydrocarbyl group represented by the formula: R-SCH 2 CH 2 0- I' bonded directly to the phosphorous atom of the organic phosphite said R-SCH2CH2O group representing a residue of beta-hydroxy thioether, and (ii) non-phosphorous-containing product having within its structure at least one group represented by the formula: -S-CH 2 CH 2 Q- I" wherein Q is independently selected from the group consisting of oxygen or sulfur, said Q constituting a portion of the residue derived from: (1) beta-hydroxy thioether reactant, (2) the hydrocarbyl portion of the organic phosphite reactant, (3) when present, the nucleophilic reactant, and (4) mixtures of (1) to (3) ; and wherein the remainder of Structure I" exclusive of Q, contains residue of beta-hydroxy thioether reactant; and; (2) to limit the formation of said non- phosphorous-containing product to less than about 45 mole % of said phosphorous- and sulfur-containing composition. 19. A lubricating oil composition adaptable for use as an automatic transmission fluid which comprises base oil and an amount of an additive mixture effective to impart at least one of the properties of anti-wear and anti-oxidation to said fluid relative to the absence of said additive mixture, said additive mixture comprising the composition of claim 1.

Inventors: BRAUN EDMUND HARVEY II, BROIS STANLEY JAMES, GLEASON CRAIG WALLACE, GUTIERREZ ANTONIO, MILLS DANIEL RICHARD, PUCKACE JAMES STANLEY, RYER JACK, WATTS RAYMOND FREDERICK, BRAUN, EDMUND, HARVEY, II, BROIS, STANLEY, JAMES, GLEASON, CRAIG, WALLACE, GUTIERREZ, ANTONIO, MILLS, DANIEL, RICHARD, PUCKACE, JAMES, STANLEY, RYER, JACK, WATTS, RAYMOND, FREDERICK
Applicants: EXXON CHEMICAL PATENTS INC, EXXON CHEMICAL PATENTS INC.
Application year: 1991
Main classification: C10M159
IPC codes: C07F9, C10L1, C10L10, C10M137, C10M159, C10N30, C10N40, C10N70