I did a compression test. Here are the results.
= 155
= 90
= 160
= 85-100
= 170
= 155
= 160
= 155
I then put a tablespoon of oil in #2 and 4 and got these results. 2=155, 4=190
This is good news as I would like to get it started before digging into the engine. I have tried pouring gas into the carb. It will backfire out of the carb and when I tried to advance the spark a bit it blew up one of my mufflers. My gut is telling me it's a carburetor issue. The carb was totally frozen. During the long soaking involved to free it up I found another carb at the local auto wreckers. It looked better so I used most of the parts from the new carb but used the bowl from the original. The reason I did that is the new carb was very sludgy in the bowl, and I wasn't confident I got all the passages clean.The new carb turns out to be a 1973 and my car is a 1970. There were differences that I tried to keep the original set up which had larger jets and had different looking tubes, the ones with the holes in them. The other difference is I had a thick flange gasket between the carb and spacer now I only have a paper one. So I'm contemplating removing the carb, switching the bowls, and jets back to how the new carb was set up and use a thick gasket which I just recieved. It could be timing but I didn't change that from last time I started it. I did replace the cap, rotor, points, wires, plugs and coil. I'm getting spark. Even though I just installed new points I did just order a petronic electronic ignition for an upgrade. I also emptied the gas tank, flushed the lines with new fuel and added a new fuel filter.
1969 Lincoln Mark III, with 1970 460 engine This is good news, I have given more info in a reply to Dave above, maybe you can check it out.