To make life easier for you there is a pre-made product made by "Atlas Putty Products Company" called
Wonder Putty. The perfect weatherproof seal lasts indefinitely. This non-asbestos product is the choice of professionals.
You can get more information at the following website.
http://www.putty.com/product_profiles/wonderputty_profile.htm[/url]
Wonder Putty "Contractor Grade" Glazing Compound Profile. It comes in Grey and White.
WONDER PUTTY Glazing Compound is a ready-to-use oil based elastic compound specailly formulated for interior or exterior use on wood or metal sash (including aluminum). WONDER PUTTY Glazing Compound adheres tenaciously to sash and glass, expands and contracts with the weather and forms a tough surface coating yet remains permanently elastic. Paint after skin has formed (usually within 48 to 96 hours depending on weather conditions) or at least within 4 weeks time with a quality oil-based or latex paint. If necessary, paint can be applied immediately with a quality oil-based paint only.
For over 50 years, "WONDER PUTTY" has been the true choice of professional glaziers. Our time-tested formula can compensate for drastic temperature changes in the harshest climates. WONDER PUTTY will give your customer a weatherproof seal that will last indefinitely.
Hope this hleps.