Put a new condenser in just on the chance you got a bad one out of the box. What is the delco remy number of the distributor? the 2403 distributor is more common on the late 55 and up motors and takes a different set of points then the earlier distributor. The valve cover has slots which indicates a 54 motor which suggests the earlier point set but could have just as easily been changed at one time or another.

Last edited by Dragsix; 09/26/2019 4:39 PM.

Mike