First off, let me answer your question: Yes and no!
Really, here is how I would approach this, and it is how I have actually done so myself.
I looked at the firearms that the older data was fired in and compared them to mine. Were mine of a later manufacturing date than theirs? What were my firearms built to take as far as ammunition? Is there anyone out there in the real world that has used this older data without incident for a significant number of years?
I ALWAYS START with current data. Of course, my components are of current production. I don't have a can of powder that has been laying around for 40 years or anything like that. Current data with current components in modern firearms and I head to the range. I use a chronograph and visual inspection of the fired cases to attempt to ascertain if the loads are safe in my firearm.
At that point if I am unsatisfied with the results, i.e. the stated velocity didn't show up in my tests, I look to the older data.
Let's take the 357Mag for instance. I wanted to use SR4756 to make a light recoil round for my wife to shoot in her M586 6" that still had enough oomph to put an animal out of it's misery while hunting. I went to the Hodgdon website and saw that a maximum load with a 158gr LSWC should develop 1250fps, which is just what I was looking for, and loaded some up and headed to the range. The velocity that I got from those rounds wasn't even what I get from some of my 160gr LSWC loads from a 38spl! Not even over 1000fps, so, I went to the older manual. I saw a load that listed the desired velocity and worked up to that load. Guess what? I got exactly what I wanted and wasn't anywhere near the old manual's maximum for that load. I also found out that their real world velocities were much more realistic when compared to powder charge.
That's how I do things. Your mileage may vary.
My suggestion to you is to use current data. After you have a few bullets under your belt again, venture out into the old data you have. If the firearms are in good working order you should have no problems. They don't understand "legalese" anyway!