I suggest that you rebuild the mag. That will produce a hot spark and make it easier to get running.
Buy a new coil, condensor & points from YT (this site) and install them. This should produce a spark that wiil jump 1/2 inch. You can test your mag before and after rebuilding it by cutting a 3/8 inch socket extension in half and put it in a drill. Find a 3/8 inch drive socket to fit the nut on the drive end of the mag and use the drill/extension to spinn the mag.
When you take the mag off, note where the distributor is pointing(1 o'clock, 9 o'clock etc.) and do not turn the engine before you re-install the mag.
While you are at it, drill a small hole in the back of the mag housing and connect a grounding wire to the condensor. Then connect this wire to a one-wire on/off switch from a H or M. This will make it easier to kill the engine.
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Today's Featured Article - Identifying Tractor Noises - by Curtis Von Fange. Listening To Your Tractor : Part 3 - In this series we are continuing to learn the fine art of listening to our tractor in hopes of keeping it running longer. One particularly important facet is to hear and identify the particular noises that our
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