White froth and/or traces in the system normally signifies the presence of water but when there is no significant difference in the level of the oil in the reservoir, could this phenomen be attributed to the kind of fluid being used?
I have Hydraulic tilting systems in my outboard motors and on dismantling one of them, discovered thick froth and mayonnaise like deposits on the inside of the oil reservoir. The system uses a shell helix product, DEXTRON-III, normally an automatic transmission fluid installed by the local distributer and service entity.