Yes. John M. Marlin manufactured the Ballard rifles from 1875 into the 1890s. In Col. Brophy's Marlin book there is pictured at the bottom of page 130 of an ad for Ballard Target rifles made by the Marlin Fire Arms Co., New Haven, Conn. and the .32-40 cartridge shown is annotated ".32-40 Ballard & Marlin." Marlin manufactured their Model 1893 rifles in .32-40 and .38-55 with two different types of barrels, ones marked "For Black Powder" and ones marked "Special Smokeless Steel."
Apparently Marlin played rather fast and loose with whether it was Fire Arms or Firearms in their name stamps on their guns.
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