360 with 340 camshaft thoughts?

So I've got an update, got the carb worked out enough to get the car running, now I'm working on the timing, and I've got a question. What timing does this setup that I have supposed to run at? I pulled out my vaccuum gauge, tach, and timing light out and this is where I'm at.

Setting 1: 22 degrees btdc, 1050rpm, 20hg
Setting 2: 18 degrees btdc, 950rpm, 18hg.

Both setting where with the distributor vacuum advance not plugged into the carb. Any thoughts