Probably - if the felt is in good shape.
that is what folks used in the 1950s!
in the 60s Kodak changed to the "staked" end caps, and while the official explanation was that the capswould not come off if you dropped the film, many folks figured that there was a small sub industry who were gathering used cassettes from Film processing plants and bulk loading (probably Motion Picture short ends) into used Kodak cassettes. By crimping the ends, that plan no longer worked.
for a while Kodak sold something called the "snap Cap 135 Magazine". An empty cassette with one crimped end cap and one end cap like the cassettes in the picture. this was specally for folks who wanted to bulk load. You can sometimes find them on E-bay.
of interest is that it took a couple of years for Kodak Limited to also change to the crimped/staked design, and I had planed to stock up from a store that was bringing in grey market Kodak Limited film, but by the time I had set aside the funds, that store had been "persuaded" to only stock Kodak Canada film with the staked end caps. I only have one or two Kodak Limited cassettes which are more like a collectable to me now.