Timing /6 without advance port of the carb working correctly??

I see another adjustment bolt like you said on the bottom, but to get to it,.I would need to remove the oil filter.

Or pull the distributor. Or use the correct wrench to reach that underside bolt with the distributor in place.

With the dizzy having this extra adjustment bolt on the bottom,.do I need to loosen the normal adjustment bolt and the one on the bottom to get more timing?

The one on the underside of the distributor has a longer slot than the accessible one. Loosen the underside bolt and move the hold-down plate a little to gain additional room on the accessible slot. But 5°BTDC is a fine setting, so for now you could just leave everything as-is.