If you are running the original fuel pump, your pushrod is probably worn out and it is not stroking enough to keep up w/ the engine demands, fastest way to tell is pit a 3/16 flatwasher or 2 under the f/pump arm. condensors are cheap and I was never able to start one w/out one
disregard the previous post, don't know about Bubba's dist but it sounds like the ticket, I just use the protonix electronic conversion w/great success, you know old dogs and such.
Go for new points and condenser,.... Inexpensive, and then you know that you have good innards for the distributor. You already have new coil and ballast resistor. As to fuel,...flatheads have a pushrod to operate the fuel pump, and when the cam (lower) end wears, the pump stroke changes. Worse case is cam wear, which will shorten the pump stroke. Keep us posted.......4TTRUK
Does have a good blue spark? Is it getting gas to the carb? You need to know those two things, other wise you are just guessing. There are two kinds of coils one has a internal resistor. That one does not need a resistor, it will say on the coil if it has a internal resistor.