Dane:
Your stock is English walnut. This helps since it is stronger than American black. But it's still cracked. Failure at this point of the stock is typical of Parkers.
These cracks should be professionally repaired and the top tang re-inletted to the rear in order to prevent further cracking. This must be done by someone who knows what he's doing. In this, I agree with Mr. Stafford. Either Bachelder or Del Grego can handle it. And you will never know it was done.
As another point, resist any suggestion to "glas bed" the action unless there is absolutely NO other choice.
For now, I would shoot anything but the very lightest loads in this gun. If that. Best not to risk catastrophic failure.
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