On two of my Cubs I used a slip-on steering wheel cover from a discount store. They cost about $8 or so and I used a few tie straps to hold the cover in place. I consider this to be a temporary fix, but one of the covers has been on for about 2 years.
Two 1953 Cubs, 1948 Cub, 22 mower, 10A disc, 144 cultivators, 189 plow, 54A blade, Johnny Bucket
1968 Cub Cadet 124, Cub Cadet 129 and Cub Cadet 782, mower decks, rototillers, front blades