You guys are kidding, right? What is shown in the photos is the solid outer piece, just like all '32-'34s came with. The two-piece version for V8s did not come into being until the 1935 model year.
Just like in the two-piece version, the groove for the seal is in the very back of it, formed into the stamping. The cork version of the seal is difficult to install as you have to do it from the back end. Easier, but not easy is a felt seal which is much more flexible than the cork and thereby lends itself to the gyrations you have to go through to install it. You can obtain the felt version from Roy Nacewicz.
*Andy and Bored&Stroked beat me to it.