thanks for all of the help guys the problem is solved. oh yea there is a hole on the starter side it was caked over with grease and dirt i am new to these engines i read that the timing mark is on the fly wheel and is set through a hole in the bell housing so i thought that the hole on the left was it. what the hell is that hole on the carb side for? i must admit it had me stumped because i know exactly how to drop a dizzy in an engine and thats why it cranked and ran.
the bad news is a cracked head that i found while the valve cover was off the good news is that i have a 58 full pressure on the engine stand i will put my hei in it soon.