I have been using "horse ties" for about a year with good results. These are small diameter elastic bands used to braid horse manes and are found in most equine stores. A huge bag is cheap. I use ( very sparingly) a small drop of CA to avoid slippage but I think this is overkill on my part. I have used them on MTH steamers and prewar as well as Marx engines. I have an unopened jar of the green stuff and thank heaven I thought twice about it..it just looked like a potential mess.
An example is here: http://www.horse.com/item/braiding-bands/SLT053916/