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In rifles made for black powder (or pre-1900), do not shoot jacketed bullets. It will wear the barrel very fast.
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Out of a Winchester Ammunition Handbook (that's what it says on the front) that I got from Ad Topperwein many years ago has the loading for the 38-40. It uses a 180gr jacketed soft point. It's the only ammo they loaded or is listed in this 1935 book. I would assume they meant it for use in the older rifles too. I haven't had any issues out of mine in the last 30 years but I don't run a hundred rounds a week thru them either. Frankly, the pistol, a Colt 5.5" made in 1898, gets shot the most and that's maybe a hundred rounds a year. The rifles may not even see daylight in a year...or more. But I will keep that in the back of my "getting to be feeble" brain. FWIW, Mr Topperweins phone number is also on the front of this book, try G-8293. When was the last time you saw a phone number like that?