Even if the points have the felt wiper, it won't hurt to put a little high-temp grease on it. Don't overdo it, just a little goes a long way. Lubriplate lithium-base grease works well, or even disk brake rated wheel bearing grease will do in a pinch. Regular chassis grease probably isn't a good idea, as it can be thrown off the cam, and can make a big mess inside the housing.
Jerry

"It is better to be silent and be thought a fool than to speak and eliminate all doubt!" - Abraham Lincoln
Cringe and wail in fear, Eloi- - - - -we Morlocks are on the hunt!
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. - Ernest Hemingway
Love your enemies and drive 'em nuts!