HOwdy Again:
The Autolite 1100,1101 are not like the Holley #1940. While the 1100 and the 1101 appear identically external the 1101 is larger inside in the venturi and in the throttle bore, hence the need to taper the in hole to allow the larger diameter butterfly valve to clear.
The Holley #1940 is a sad step sister that has little in common with the Autolites. It is a generic design that can be adapted to every Ford/Mercury that used an Autolite one barrel. It is notorious for a poor idle, sluggish acceleration and poor mileage. In a good tuners hands it is a fair replacement at best. That is not to say that the Autolites are perfect, they were poorly- especially the accelerator pump system- requiring periodic rebuilds, which leads to stripped threads, warping leaks- both vacuum and gas.
The choke system between the 1940 and 1100s is not alike. Both work fairly well when clean and in good condition. Both rely on sucking unfiltered hot air from the exhaust manifold into the carb- not one of FoMoCos better ideas.
In other words, there is no such thing as a perfect carb. Consider them raw material that requires vigilance and a masters touch regularly.
IIWIYS, I'd live with what I have, clean the dickens out of it, adjust as best possible while searching for an Autolite 1100 or 1101. Or a Carter if you don't mind adapting the cable linkage. When it's ready make the swap back to what Henry intended.
Adios, David
PS- Hope you find the Handbook useful.