ignition

If it didn't drop at the battery, then its good enough for the testing you're doing.
And if it didn't drop at the battery terminal because it was a very weak battery, here's how to use a diagram to figure out where it is dropping.

Lets take the situation of ignition off, headlights on, and feed at the ignition switch was 2 Volts less than at battery positive.
What does this tell us for certain, and what can we reasonably assume about current flow and where there is resistance?

Charging-diagram62L-WIP-off-H-on.png
Start with the other connections with red boxes next to them.
Also notice the ammeter, which on a '62 probably reads 40 damps both ways. What's this one telling us?