I'm confused, Steve, because you say your truer is a Hudy, but uses a 1/8" axle in the pulley. Is your Hudy different than mine ?
Mine uses a .118" (3 mm) axle in the pulley; the 3/32 wheel adapter reduces it to .09375", and the 1/8" wheel adapter enlarges it to .125" .
You are asking for an adapter that goes from 1/8" on the pulley to 3mm for the wheels. If your machine is different than mine, that would make sense. But if it's the same as mine (which I'll bet it is, since they only make them in metric AFAIK) you don't need an adapter, just use a 3 mm shaft which will fit the Hudy pulley and your 3 mm wheels - no reduction needed.
If you do actually need an axle shaved down from .125 to .118 that is pretty easy, I've done it before and I can tell you how to do it with some leather gloves, 40 grit sandpaper, a hand drill, and some burn cream for your fingers