An anti-rusting composition in solution form is prepared by dissolving anti-rusting agent in an organic solvent having a permeability greater than water, mixing the solution with a permeable water-proofing agent dissolved in a petroleum based solvent. The anti-rusting composition in solution form is applied to the surface of a desired material and the anti-rusting and water proofing agents permeate into the material from the surface thereof through capillary walls. When the solvent evaporates, a gel layer forms and a strong water-proof layer is obtained to isolate the air phase from the material.