You got fire from the coil wire so that knocks out everything in the primary circuit. points; primary wire from coil; condenser.
So now you need to check that the coil fires on all 4 lobes; and make sure your shaft bushings are tight.
Once you do that install the cap and rotor and line up the rotor to one of the plug wire holes. Now check ohms between coil wire post and plug wire post to see if you have a connection. Do this for all 4 plug wire post. Now put the coil wire in distributor and check ohms from coil end of wire to plug post to see if the coil wire is making a good connection.
Being a mechanic of 40 years you should see where this is going and do the rest on your own without me typing it all out.
I'm betting the rotor to plug wire post on cap is not close enough or the rotor timing is wrong and it is not passing the post when the points are opening. Both of these are cause by inferior china parts.
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