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50 cal Ammunition marking codes?



A collector has come up with a round of 50-caliber ammunition with a yellow 
nose.  Headstamp date is 1944.  If I remember correctly (and probably 
don't) this was API (Armor Piercing, Incendiary.)   Anyone know for sure?

Ed Evanhoe, PO Box 916, Antlers, OK, 74523
Author: DARKMOON: Eighth Army Special Operations in the Korean War
Life Member:  Special Forces & Special Operations Associations
Web Site:  http://www.korean-war.com
Co-list owner: KOREAN-WAR-L (University of Kansas listproc)