Abstract: A method for eliminating hoot noise in a bearing assembly (12) of an idler or tensioner pulley (10) includes applying a three component dry lubricating compound onto steel contact surfaces of the inner and outer raceways (14, 16) on which the ball bearings (20) ride, curing the compound to bond it to the contact surfaces, and pressure rolling the lubricating compound onto the surfaces. Pressure rolling fills voids (22) in the contact surfaces with particles of the lubricating compound and smoothes the surfaces thereby reducing friction. The dry lubricating compound has a very strong affinity for oil to attract and hold oil to provide an oil film which prevents metal to metal contact thereby eliminating hoot noise.