I must be the luckiest M95 owner in the country. Mine is a 1939 Ivestk with a rebuild stamp, perfect bluing, perfect bore and I got it with a new, unissued Turk Mauser on a coupon deal from Century about ten years ago upon getting getting my C&R. I paid $59.95, shipping included, for the pair.
I load for it using .32-20 Remington brass using Lee carbide .30 Carbine dies. I had a little trouble getting one chamber to let go of the brass after firing and found the rim of the brass hanging up on the boss of the cylinder at the back. I chucked the cylinder in my lathe and turned .005" off the boss. It's difficult describing it. The rims are thin enough for my gun to work fine. I found a partial box of .32 cal. 98 gr. HBWC's in a gun shop and paid five dollars for 'em. It was a 500 count box over 3/4 full. Anyway loaded with, I think, 2.5 gr. of bullseye it shoots a tad low and centered at 15, 2 1/2" low at 25. Another half grain of Bullseye raises the 25 yd. group to center. The brass falls out of the cylinder by gravity alone. I haven't chronied it but loaded hollow base out, a body hit on a rabbit results in red jello. Loaded the way they're supposed to be they just punch a neat .314" hole through the bunny. Anyway, it is my fishing, camping and hunting sidearm. It's good for that, small light and easy to carry.
I tried a 130 gr Lee cast bullet (C-309-130-R, discontinued) with 3.5 Gr. Unique. Funny load, No pressure signs, easy extraction, nasty recoil and that scrawny little grip with the teeth in it hurts. It hits 2" above poi at 15 yards and patterns about 10 inches. It doesn't do any better at lower loads, so I went back to the hollow base wadcutters. I consider it to be a 20 yard pistol. Here in the People's Soviet of Washington it is a legal deer gun. Not a good one, a legal one, so I carry it in case of the need for a coup de gras on a deer. Or as a persuader in case of............Need.
If I shoot it from a bench or braced on a tree, it will put seven shots into about 5" at 25 yds, 2" at 15. Minute of pop can. Trying that double action doubles or triples the size of the group. My gun has a clean, crisp single action trigger pull of about 4 lbs. Not S&W good, but good.
Gerry N