"Ralph.... The fiber portion o
"Ralph.... The fiber portion of the ignition points that rides against the cam should be aligned with the flywheel/crankshaft key when setting the points. Points set at .020 when in that position. Your compression sounds okay.
The spark, with the s/plugs removed, should jump a 1/4" gap on that engine. If it does not, find out why. If you have compression and the proper spark, the problem would have to be fuel related.
Possibly you have overlooked the fixed brass high speed jet that is located in the bottom center of the float bowl. Fuel must flow through that jet before it can get to any other fuel passage. It can be cleaned with a small solid piece of wire.
The proper adjustment of the carburetor is as follows.
(Carburetor Adjustment - Single S/S Adjustable Needle Valve)
Initial setting is: Slow speed = seat gently, then open 1-1/2 turns.
Start engine and set the rpms to where it just stays running. In segments of 1/8 turns, start to turn the S/S needle valve in. Wait a few seconds for the engine to respond. As you turn the valve in, the rpms will increase. Lower the rpms again to where the engine will just stay running. Eventually you'll hit the point where the engine wants to die out or it will spit back (sounds like a mild backfire). At that point, back out the valve 1/4 turn. Within that 1/4 turn, you'll find the smoothest slow speed setting.
When you have finished the above adjustment, you will have no reason to move them again unless the carburetor fouls/gums up from sitting, in which case you would be required to remove, clean, and rebuild the carburetor anyway.
Joe
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