Handguns magazine in 11/11/2012, did a test on factory ammo
in a 2" snub nose and one was a Hornady 148gr HBWC bullet
with 3.5 grs of Titegroup that averaged 780 fps.

The writer was very disappointed in his "Custom Load" that
should have worked, loaded backwards with the HB in front.

In the gel test, penetration was below FBI specs at only 10".
With cloth, the HP plugged up and penetrated 19" with no expansion.

There were several loads that did pass inspection, though.