While every one is giving good advice as to how to work up a load I'll address the origional question for those who want to know not that you really have to know to work up good loads. The first digit after the decimal point is 1/10th the second 1/100th and the third 1/1000th.
So ten 1/1000th's would be equal to one 1/100th which as I said is the second digit. Graybeard typed it correctly in decimal form as 0.010".
So using your mesurement to the lands of 2.470" and going ten 1/1000ths shorter you would subtract one from the second digit behind the decimal point not from the first as you did in the origional post so the answer would be 2.460" not 2.370".
Like I said I know it's not really a must to know this to work up loads but it is the correct answer to the mesurement part of the question.
Bruce
While I was typing the long explaination Tractorsaw1 typed the short answer.