I suppose you could say "because it is there". 720-740 fps for pre-heat treated guns and 820-840 fps for later guns is approx the factory loads from an approx 4" barrel. I've always liked the idea of a tad bit of hot rodding which is one of the reasons I reload. Many have traveled this path with the .32 S&W Long, I'm no pioneer here. There is a lot of info available and some have taken this little cartridge to astounding levels. I don't go for astounding, but I have a few of them, enjoy shooting them and once again, because it is there.
Stu
Going back to that 3 gr of 231 in the 1986 RCBS book, they got 842 fps with a RCBS 98 SWC from a 4" Mod 31.
I got 849 AV. fps today with that load from a Mod 31 4" with the same bullet, average of ten shots. I loaded and shot 25 total.
The 231 I used was purchased in 2006.
I have had the little gun for two years and that is the hottest load I have shot in it to date.
With what shooting I did today it makes 2600 rds that I have put thru it. What a fun little shooter it has been.
I don't hunt anymore, just shoot paper, so I will stick to the loads that fall into the milder side of things like 650 fps to 750 fps.
I have the RCBS 98 WC mold and I had Accurate molds make me a three cavity copy of the RCBS 98 SWC, my cylinder throats are .314 so that's what I size to.
Also have a 00 buck mold, the pellets fall out at .33 and I put them thru a Lee .314 push thru sizer, lube them with Lee Liquid alox and load two because one shoots to low to be any fun and two weigh right at 98 grs and shoot to the fixed sights on the Mod 31.
I have used Bullseye, Red dot, 231,Green dot and Unique so far in my 32 SW Long reloading. Found nice loads with all.
----J