It was only a suggestion to change the jack screw if other methods failed. 5/16" BSW threaded bar is available from hardware and engineering suppliers, you could possibly obtain a genuine and unworn original part but of course this carries a premium. Drags list 67 1268 and an earlier version 67 1265, which I would expect to interchange, and as usual have no current stock.
I'd try the simple stuff first, bathroom silicone or a thread lock grade of locking compound, so called Loctite blue, but any generic cyano-acrylate would do. Then a locking nut and compressed O ring if you have one. Not worth the expense of sophisto sealing washers for just a single application, but fine if you have a choice from Grandad's box of mystery bits.
Swarfy.