Holy mackeral, can my No.4(T) shoot 1" groups?

[Atticus Thraxx]

Bore sighting left me 8" low and 6" wide right. Once I got back on the paper and calmed down I started putting together decent groups. Then a 1 1/8" group! Could have been an accident and I'm pretty rusty and it was Belmont ammunition, but dang can't argue with 1 1/8' at 100 yards from an 86 year old rifle.
What I need to do is when the shots start straying, stop. I have have a bad habit of trying to shoot through my issues until I "come back" and it's costing me.

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