These guns are also known as the "New Departure" model, as the hammerless configuration was a totally new type of action for the company.
A friend of mine just bought a CHERRY .32 New Departure 3rd Model, nickled. It is SUCH a trip to shoot!
What's the serial number, and I should be able to nail the year of production down fairly well.
As for ammo, the proper ammo, .38 S&W, is still loaded. You might have to hunt around to find it, but it's out there.
"The gift which I am sending you is called a dog, and is in fact the most precious and valuable possession of mankind" -Theodorus Gaza
Baby Jesus cries when the fat redneck doesn't have military-grade firepower.