This section is from the "Henley's Twentieth Century Formulas Recipes Processes" encyclopedia, by Norman W. Henley and others.
In order to obtain an even dullness of large walls, proceed as follows: After all the dirt has been carefully swept off, oil with 2 parts linseed oil and 1 part turpentine and rub down the smooth places in the wet oil with pumice stone. When the oil coating is dry, mix the ground paint, consisting of whiting, 2 parts; and white lead, 1 part; both finely ground and diluted as above. Do not apply the grounding too thin, because the chalk in itself possesses little covering power. It is not the mission of the chalk, however, to adulterate the material, but to afford a hard foundation for the subsequent coats. For the third coating take white lead, 1 part; and zinc white, 1 part; thin as above and blend with a soft hair pencil. For the final application use only zinc white, ground stiff in oil with any desired mixing color and thinned with turpentine and rain water. Mix the water and the turpentine with the color at the same time, and this coat may be dabbed instead of blended. By the addition of water the paint becomes dull more slowly and is a little more difficult to lay on; but it does not show a trace of gloss after a few days and never turns yellow, even in places less exposed to the air, and besides excels by great permanency.
Another way is to add white wax instead of water to the last coating. This wax paint also gives a handsome dullness but is more difficult of treatment. A nice matt coating is also obtained by addition of Venetian soap, dissolved in water instead of the wax. This is very desirable for church decorations where exceptionally large surfaces are to be deadened.