That's a rather low moderate load and certainly under the load used for M2 Ball ammo which was about 46 or 47 grains of IMR4895 with a 150 grain bullet. Should be very pleasant to shoot at around 2600fps.

The Lee manual shows a max load for this powder of 53grs at 3000fps and 56700psi. My old Hornady manual shows almost 49grs IMR4895 as the top load at 2900fps.

In my Springfield sporter I load 55grs H4350 with a 165gr bullet with no qualms. The manual shows a max of almost 59grs.

The '03 has been digesting these loads for a long, long time.

Jerry Liles