Edin,
There were two possible types of 123-5 B&B carbies being fitted to 350EWs at this time. One was the gauze type and the other had a taper needle. A different style main jet was fitted to each, and the default jet size may have differed depending on type. As Leon mentioned, the EW handbook states a #75 main jet. Since the latest handbook I have dates for the 1926 models, I am pretty sure this is for the gauze or needle-less carb.
The needle jet carb seems to have become standard fitting on the 1929 600EW models, but I am not sure if that was the case, or when, or if ever, the 350EW got the same. Also a Sports EW may have had the needle jet carb while the standard 350EW did not. in any event, I have not seen any clear information what the default main jet size would be for a 350EW fitted with the taper needle main jet.
Doug
[Change "1928" to "1929". 26Mar13 -Doug]