Thanks for the input. I have a new condensor, along with points, rotor and cap. The fuel delivery from the line at the carb is strong, as it filled the mason jar in the photo in just a few turns of the engine. The color of the fuel in the photo is the clear gas that I put in, and the amber gas that pumped out at the carb (wierd?). I will take the top off the carb and see what the level of the gas is in the bowl. When a pull the trottle rod, should there be a steady stream of gas sprayed into the carb throat? The rubber lines on the fuel filter came that length, so I did not cut them.
When the engine does start, it will fire and then spin without firing, then intermittant fire, then stall. It sounds like it is running out of gas, but maybe it could be an ignition issue from the distributor?