Well, the Number 2 Ballard came home with me today.  As I went through stuff @ the house recently I found most of an old factory box of 32 Colt Short ammo, most of a box of Navy Arms 32 RF, and few assorted other odds and ends of other old ammo that will fit it.
Soooo, alteration is delayed for a while, long enough to determine how it shoots as it currently exists.  Then I will decide whether it will be worth reloading 32 Colt, or reaming the chamber to 32 S&W, or actually relining it to .313 and chambering it to 32 S&W Long.
“Quick Watson, the game is afoot!”
Froggie