bugsy,
Sometimes alkanet will give other than red undertones such as but not limited to violet, yellow, brown. Once you start applying an oil finish, these will mute and blend, but not always to the red you may desire...depends on the wood. If you look at pictures of old guns, you'll see a range of color. Modern English/Scots as well will show variations on the theme (McKay/Brown comes to mind) Start applying your finish and see how it shakes out, you can always put a blood red wash over it and rub that out to taste.

To answer salopian and cody: any of the Behlen products will penetrate oil type finishes including Tru Oil, Permalyn and the like (not urethanes or varnishes). The penetration will not be 100% and subsequent rubbed oil will remove some of the surface pigment. In cody's case the Tru Oil may have some surface pigment suspended in it. If it is too red you can apply a lttle of the other behlen colors to tune it to your satisfaction. I have local access to the entire Behlen palatte and if anyone needs me to shop for them, drop me a line and I will be happy to help. BTW new 426 stock is coming along nicely and I will post some 'so far, so good' pictures tomorrow a.m. (it's wet now). Good luck y'all.