I found an old tin can of IMR 4895. Rusty and dusty but smelled okay. I went ahead and loaded it all up... red dust everywhere. When I ran some over a chronograph it gave me the lowest ES and SD I'd ever seen in that rifle. Great groups.
Now I was prepared to shoot one round and then spend the weekend pulling bullets. So it is like 30 year old wine sometimes you get vinegar sometimes award winning Bordeaux
What you're describing doesn't mean the powder was bad or had even started to deteriorate. Depending on how old that lot of powder was, it may well have been within it's designated parameters.
I have what's left of a partial 25 pound drum of surplus IMR3031, which I purchased from Hodgdon's almost fifty years ago, along with 19 others.
That powder seems to have been a slower burning lot than the canister powder available off the shelf, even back then.
This powder was marked with a Dupont label, dated 1941 and only large black numerals 3031 on a white background. There were all sorts of other markings as well, such as lot numbers and who was authorized to receive it.
Nothing to indicate it was a special slow burning lot, anywhere on the drum.
This powder will give consistently slower velocities with every load suggested in a late printed manual. However, when I look back at the first, 1967, Hornady Handbook, it shows a lighter maximum load for this powder than the new manual to get similar velocities.
However, when I checked some data from a passed on, personal, data/load recipe book from the early fifties, when all hand loaders were considered to be nut cases and magicians, the loads used, with another lot of this powder, with close date, was much higher to get the same velocities listed in later manuals.
Back in those days, the fellows velocity figures were done by calculating the time it took the bullets to travel through two screens, 50 yards apart.
I use this data for that powder and it's almost identical in performance, according to my old Chrony and now my magnetospeed.
Consider, this powder was considered slow enough for the 22, 6mm and 257 offerings back in those days.