I'm doing that right now with my car, actually changing the reflectors so as to get the correct depth for bulb focusing. Bought the more expensive of the two reflectors from Snyder's and they appear to be the correct depth.
From the front of the car looking into the headlight bucket with the lens off and the bulb out of the socket, you should see two contacts in the socket, one on the left as you look from the front of the car at it and one on the right. In low beam position (first click on the light switch) current should come to the contact you see on your left and in high beam position (second click on the light switch) current should come to the contact you see on your right.
The bulb should be inserted so that the V-shaped filament (the high beam filament) is on the bottom and the straight filament (the low beam filament) is on top. I don't have colored wires coming from my bulb sockets, so I just make sure I have them connected so as to accomplish the above. If you have parking lights in the headlight bucket (no cowl lights) you want current to come to that bulb when the light switch is in the parking lights position. I have a deluxe coupe with cowl lights and they serve the purpose of parking lights and thus I do not have that small light socket in my headlights.