The M1924 Mannlicher Schönauer was originally chambered for 'the U.S. 1906 Cartridge' (.30-'06) only.
They were manufactured for export to the United States via the Sequoia Importing Company of San Francisco, California and Detroit, Michigan. Sources differ regarding how many were made, several say 1,000 were ordered but that far fewer were actually manufactured for and shipped to Sequoia. The M1924 and subsequent models of Mannlicher Schönauer rifles and carbines differed from the previous models as they had longer 'actions' (to accommodate the .30-'06) and a retaining ring was added to the Schönauer magazine that was lacking on the M1900, 1903, 1905, 1908, 1910.
They did not sell well, and many were returned to Steyr where the M1924 designation was ground away and replaced with a stamping of 7.62X63, the metric equivalent. Steyr continued to manufacture MS rifles and carbines (stutzen) on the longer actions, and did so in several metric chamberings which were stamped in the same location as the model designation had been on previous models. These are what collectors today refer to as 'M1925', and Stoeger sold as the 'High Velocity' model when they became the sole U.S. distributor of the Mannlicher Schönauer.
Original M1924 Sequoia, Kal 7.62X63 restamp
It should be noted that the previous models were all caliber specific and used Mannlicher Schönauer proprietary cartridges. All M1903 (as well as the prototype M1900) were chambered for the 6.5X54MS, M1905 were 9X56, M1908 were 8X56, M1910 were 9.5X57, AKA .375 Nitro Express Rimless.
Here is a page from the 1927 Stoeger catalog, notice only the M1903 through M1910 were offered by Stoeger at that time.
Here, from the 1939 Stoeger, the so called 'M1925' is offered as 'High Velocity'.
Calibers of .30-'06, 7X64, 8X60, 9.3X62, 10.75X68 are available:
And a (German) WUM catalog of about the same time,
listing the 7X64, 7.62X63 (.30-'06), and 8X60:
Here are pages 50, 51 of the 1939 Stoeger catalog: