Just finished rebuilding the engine in my '34 Ford Pickup---59A block, 3 5/16 bore x 4 in. stroke 1949 Merc crank, Harmon-Collins 3/4 cam, stock Ford crab type distributor, rebuilt Holley 885-FF carb on Merc manifold, all new wiring, new radiator, new fuel pump, new fuel tank and new fuel lines. Installed new rings and main bearings, but didn't remove cam or crank from block. TDC for #1 cyl. verified using interference method. New points and distributor timing set to specs defined by instructions published on Vanpelt web site. Engine was running before rebuild, but won't even fire now. It's getting fuel, has good compression in all cylinders and strong spark at all plugs. Indications are it's out of time, but I can't figure out why or how to fix it. With #1 cyl at 4 deg. BTDC on compression stroke the rotor points between #1 and #5 terminals on distributor cap---almost to #5. Help and/or suggestions please.