What type of bases are on the receiver? If they are anything "standard" I would seriously look at the Burris Signature rings with the plastic offset inserts. They do a wonderful job of correcting alignment issue of scopes, both vertically and horizontally (or a combination of both!). You can find a combination of plastic offsets that will allow you to keep the scope turret adjustments roughly centered so they aren't running near or at the limit of the internal springs. Plus they don't mark up the scope body and slippage won't be an issue on a .22 Hornet. Just my $0.02...
I had a Savage 99 that ran out of windage. I bought the Burris offset inserts. They fixed the problem. They will correct your elevation problem also
