Hydraulic oils are very similar in make up to an SAE 10W motor oil, with anti-foam and anti-wear additive package. They are usually made from a more refined base stock. Motor oils are designed to run at much higher temperatures.
Refer to the MSDS of the particular brand, if possible, to see what toxins may be incorporated into the additive package.
Stay away from the mineral or vegetable oils, as they have a tendency to eat seals (Buna-N)