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My grandson has killed several turkeys with it using old Win 2 3/4 ", Magnum (marked on the box)1 1/4 oz # 4 loads. A friend gave me 10 boxes of these!! You need some? The old girl doesn't seem to mind shooting these. Serial # 154,059 all original with DHBP.
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Pretty stout load to be subjecting 111 year old wood to. In 1910 when 154059 would have been made the "standard" 16-gauge shell was 2 9/16 inch and carried a maximum load of 2 3/4 drams of bulk smokeless powder or 22 grains of dense smokeless powder such as Infallible or Ballistite pushing 1 ounce of shot. Your Parker Bros. 16-gauge, unless it was special ordered for the longer 2 3/4, 2 7/8 or 3-inch 16-gauge shells, would have left Meriden chambered about 2 7/16 inch intended for the 2 9/16 inch shell.
The big four, Western, Winchester, Remington and Peters all introduced their 2 3/4 inch Magnums in 12-, 16- and 20-gauge, in their December 1954 price lists.