The diagram you need is the second one shown one the page linked below. The third terminal is simply an insulated junction point. The original resistor, or a CORRECT replacement is a POSITIVE TEMPERATURE COEFFICIENT resistor. When the ignition is first turned on, the resistor has a low resistance, for better spark while starting (the load of the starter draw on the battery pulls the battery voltage down, weakening the spark). Within a minute or two, the resistor heats up from current flowing through it, and it's resistance increases, dropping the voltage to the coil, for longer point and coil life. A generic ballast resistor from an auto parts store MAY OR MAY NOT be temperature compensated. The non-temperature compensated resistors are generally a higher resistance, and are used on systems that have a switch in the starter solenoid to apply full battery voltage to the coil while the starter is cranking, and are generally for 12 Volt systems. If you are still 6 Volt, the OEM resistor is your best bet. If you can clean the connections on the old resistor, and the coiled resistance wire is not damaged or broken, MOST LIKELY, it'll work OK.
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