Welcome. I am by no means an expert but I can tell you one thing...you have a damn fine rifle. I suggest you find a copy of John Dutcher's book, which is a fantastic book just to look at. When you post a description or pictures, we can tell you what model you have.   

I happen to have purchased one last night myself. Some other gents will be along to chime in no doubt.

Not an expert, but a big fan of the Ballard rifle here. I can only tell you that with so many variations, and reworks of originals, there's almost nothing I can tell you for certain until I had more details of your Ballard.
The .32-40 Marlin-Ballard cartridge was offered in numerous calibers on forged frames. But I've seen a good number of cast Ballard actions rechambered to .32-40 also, which is considered a bad choice by many. If yours is a factory .32-40, then I'd need to know the receiver markings on the left side, whether it's straight grip or pistol grip, which buttplate style it has, the type of stocks,  checkering, barrel shape, length, etc., etc. 
Or just post good pictures of the whole gun, and any markings. Plus pull the forearm, and buttplate off and look for the serial number on the barrel, and buttplate; if the buttplate isn't a hard rubber plate.
Then I might be able to take a shot at what it is.

WOW! Thank you all for such a warm welcome as well as an abundance of information. I was unfortunately inundated with a barrage of events today that prevented me from taking pictures of the rifle. Tomorrow (Sunday) will be equally taxing on my "free" time but I will try to get some detailed photos and post them here within the next day or so.

If your accessorized shooter's box is contemporary to the rifle, you have something that most if not all of us always wish to find.  So we now hope for pictures with even greater anticipation.

Bill Lawrence

Now I'm even more interested to see what you have!

Ballard Pacific action, unknown barrel, modern wood and adjustable butt.  Looks like a shooter!

Yes, likely a #2 cast action with a double set trigger block in it. May or may not serial number to the action. DST blocks were an option on the cast #2, so possibly it might match. Action has an extra hole in the tang sight area, which tells me it's maybe had a Stevens sight on it once? Standard spacing was 1.125", and the extra hole appears to make it 1.5" spacing?
The gun appears to be a more modern rebarrel to a centerfire caliber, which most will frown upon these days. The target crown makes it a pretty late style barrel. Too much power for a lowly cast action. The re-decapper is also modern, and appears to be a Meacham I believe.
The buttplate is a much newer target type not existing on an older build, and again likely to date the stock work to much later build. And the 999 silver ounce is pretty new also.
The laminated wood shooter's box is mad of modern wood, and hardware, so probably built by it's current owner or close to current. The brass mold is an Accurate I believe, which is new. Breech seaters are push type, and new also.
Pictures are a big help in identifying this rifle, and dating it as a current late build.