Sad, really - - -
- - The waste of a revolver which would be worth FAR more if it hadn't been modified.
Your Hand Ejector will probably still shoot commercial .38 S&W ammo fairly well, though reaming out the front of the chamber probably didn't do the accuracy any good.
During the early 1960s, I bought such a revolver, marked, "Concerted by COGSWELL & HARRINGTON, London." I shot a lot of .38 Special ammo in it. It would split about a quarter of the cases on first firing, and I don't think I ever had a case survive three firings. Best accuracy was obtained with mild-to-medium loads of Unique, behind a 148 gr. hollow base wadcutter.
I also got good accuracy with some swedged lead 158 RNL bullets with a cupped base - - Didn't quite qualify as a HB. Sorry, I don't recall what brand they were.
DUE NOTICE: Opinions vary on whether or not it is safe to shoot .38 Special loads in one of these ill-advised "conversions." My opinion is that it is safe enough,
IF SHOOTING IS RESTRICTED TO STANDARD PRESSURE .38 LOADS OR MILD HANDLOADS. Please, don't even CONSIDER the use of Plus-P ammo. Others, whose opinions I value, feel it is dangerous to shoot ANY .38 Spl ammo in these revolvers. Probably best to stick with standard .38 S&W ammo.
My particular revolver went away long since. If you can find any, you might try out some of the "Cartridge, Ball .380 2Z." This was a longish FMJ RN bullet, of about 176 gr. It shot very close to point of aim in my old Enfield/Albion DAO revolver. IIRC, it ran around 690 fps.
You might want to check Numrich/Gun Parts Co. at
http://www.e-gunparts.com/
From time to time they have some really cheap deals on certain parts. If, and ONLY IF, they have an overstock of S&W HE Cylinders in .38 S&W, it might be worthwhile to have one fitted to your revolver. Problem is, if you don't catch the prices right, you could easily spend $175 upgrading your $100 revolver to a $130 piece. I say this because, with the cut barrel and missing lanyard loop, any collector value is pretty well fled.
If that revolver was mine, I MIGHT use it for home defense with the S&W loads. (Hey, it HAS to be better than a .32 or .380.) Or, I might swap it off at a gun show.
Best of luck - -
Johnny