318 rebuild/overhaul kit

does look like lack of squirt
advance can bad would not affect starting except as a vaccuum leak if connected to manifold vacuum and not ported vac
plug the can vac line and get your advance curve checked- use a dial back timing gun- get it right then hook op the vac adv
what do you mean by HEI? that's a GM term (methinks) are you talking about stock mopar electronic
if so good but stay away from "lean burn" years