Before you can adjust the carb, you MUST have the ignition right. That includes setting the timing (something that MUST be done EVERYTIME you adjust your points). To make sure your vacuum advance is working, take off the distributor cap, take the vacuum hose loose from the carb and use a hand held vacuum pump on it (or if no one is looking and you don't mind the taste of old rubber and gas, you can suck on it) . . . as vacuum is applied, the plate holding the points should move freely and hold in place until the vacuum is released. If it won't move, something is wrong . . . could be just stuck and a little WD-40 will fix it, or it could be someone has inserted a screw in something on the outside that too long, or it could be mechanically damaged. If it will move, but won't hold, there is a leak somewhere.
If your distributor also has centrifical advance (and I "think" yours does), the rotor will wiggle a few degrees. It should be a spring loaded wiggle . . . when you move it and let go, it should snap back.
You can use static timing to get it "close enough to run" but you really need a good timing light with an advance scale to set it right. You have to find out where top dead center is on the pulley . . . it may not be the mark you think it is. What you want with the timing is to have the 32 degress advance with the engine up to speed and the distributor under full advance. Let the idle fall where it may. If you don't have enough advance going down the road under a load, you'll waste gas, loose power and run a little hot. If you go over 32 degrees, you'll get a lot of extra power for a few miles and end up with holes burned through the tops of your pistions.