The resistors in the Simpson 260s are wire wound resisters, not carbon comp. Carbon resisters will drift too much. The resisters in the 260s are all odd values; like 990 ohms, 9990 ohms and the like. they use those values so that with each one in series with the meter movement, the exact circuit resistance will be 1 k Ohm, 10 k Ohm, etc. Go over to Simpson260.com, they have schematics and manuals for those meters. The other posters are correct, the Simpson 260 is only accurate to 2% (IIRC), if you need better accuracy get a decent digital meter.
Can you post pictures of that meter? The series 2s are ancient! My series 3 is dated 1958 IIRC and I think it was one of the later ones.