This represents a Zone V exposure. If you want your snow to be Zone VIII, then your meter reading is three stops under what you need and you'd want to shoot something like 1/125th @ f-5.6. So if you shot a range from -2 to +2 stops relative to your meter's recommendation (say, f-32 to f-8), your range is actually from five stops under to one stop under and your negatives should range from extremely thin to thin. If your underexposed film is too dense, you would have to either develop it WAY too long, or more likely, something's up with the dilution and your developer is WAY too strong.