Ryan, I do not do any casting work, or have a lot of restoration experience, especially on vintage vehicles, but I can help with most any machine shop work that is small enough for me to handle. I would not recommend drilling and tapping the present hubs, especially by hand, as you could easily mess them up. The 5/8 Packard bolts look similar, but they would not be authentic if a judge knew the difference. Mike's suggestion could work, but be sure to get grade 8 stud material. Grade 8 is 4140, heat treated to around RC 30 for toughness. Best wishes with the project.