Well, this situation gets more interesting as I keep checking. Got the new copper plug wires and installed them. No improvement! But as I put my timing lite on each plug wire to check firing, I again notice 3 is not steady and 8 not at all, as before? As I am fussing with the wires I notice sometimes 8 will fire. As I keep fussing around I find that if I push on the dist towards the block, it fires just fine. There must be something wrong in the dist. Take off the cap for a closer inspection, see nothing wrong. However i notice that the points rub has stopped EXACTLY ON A HIGH POINT. something sometimes difficult to get to happen. So I thought since I have the perfect opportunity, why not check the points. They were a sloppy 20. Tightened them up to a tight 20. Seeing nothing wrong, I put the cap back on and started the car. All plugs now firing perfect, and when pushing on the dist, it makes no difference. Conclusion- the small amount of wear in the shaft allowed me to push the points closer so they were able to close and allow the coil to function. Wires 3 & 8 are on the side of the cap away from the block, so this made since to me. As luck would have it, I was the victim of a perfect storm. That happened at the same time the float failed. So now I have new plugs, wires and coil, that I didn’t need.
Anyway, it now runs much better, not too bad up to about 40, then it hesitates some. Pulling out the choke helps some. Will keep playing with the carb adjustment. FYI, it is a 50 series cabriolet. With the right carb, it ought to run as good as my 8 cyl packards. Smooth. If I have to flip the intake for a down draft, anybody with any experience doing this? What carb did you use to facilitate hooking up the linkage?
my thanks to all who tried to help