With a stock length barrel it should be making higher velocities. It could be that the compression is not high enough (piston not touching the valve) a leak past the o-ring, a slow hammer strike. A few things to check. hth
Steve, I have a rear cocker the same age and did a full make over on it. The numbers should be a lot higher at 10 pumps. Here is the link to what did with the gun. https://www.gatewaytoairguns.org/GTA/index.php?topic=83670.msg802677#msg802677