All the years I shot CMP (then DCM) matches, I used Win 748 under a 173 gr Lake City M72 "Match" fmj.....
Our range was a reduced range.... We shot smaller targets at 100 and 200 yards. We simply didn't have the room for a 600 yard range. Given reduced ranges, the slight velocity loss over 100/200 yards was absolutely negligible. If I was shooting an honest 600, I'd be tempted to use IMR4064 for the increased muzzle velocity. IMR4064 is apparently as slow as you'd want to go with a powder in the Garand....
Absolutely tons of cartridges have been fired thru the Garand, and the vast majority of it used 4895. The Garand, by virtue of limitations of its gas handling system, isn't going to maximize the 30-06 cartridge by today's standards. If you really want to be authentic, and get the M1 experience, just use 4895 and call it good....
As for bullets: The original bullet was the M1906 with a 150 FMJ. Followed in 1920's by the Ball M1 with the 173 grain boat tail FMJ. And then reverted back to a 150 grainer with the M2 Ball from 1937-1954.....
Many of the current 150 class FMJ's are boat tails. I see a lot of 147's, and these are almost all of a boat tail design. The actual bearing surface on any of these 147's tends to be very short, and if your rifle has a longer throat, I really think the bullet is totally unsupported for a distance before engaging rifling. The original M2 Ball loads used a flat base 150, which had longer bearing surface and more support....
There are damned few .30 FMJ flat base bullets on the market. If you want a M2 Ball equivalent, I'd be using a Sierra #2130 SPT Prohunter, or a Hornady #3031 Interlock. Neither are FMJ, but both are closer to the original bullet than various 147-150 FMJ on the market . IF you want slightly better ballistics and match the M1 Ball, use a Sierra #2275 175gr matchking.
Note: If you use original M2 Ball fired brass, run a quick check on the brass. I had 5 gallon bucket of LC1967, 68, 69 brass. If memory serves correctly, most of its was decent, and ran about 190-195 grains. I have found some as light as 170 (and a really scary one at 155!) and some that ran mid-220's. No need to actually weight sort for a Garand, but culling the real statistical outliers will help.
Fro