After some more detailed checking, this is what I have.....With points open I have 12.94 volts going into resistor, 12.94 coming out of resistor, 12.94 into coil, 12.94 out of coil, 12.94 into distributor and nearly nothing at open point contact. With points closed I have 12.94 into resistor, 6.37 out of resistor, 6.37 into coil, .34 out of coil, .34 into distributor and nearly nothing at contacted points. I guess a condenser and points should fix the problem....just not sure about any type of underlying or secondary issue that may be causing condenser to fail. Thanks in advance for further help or comments.