1974 D300 360 fresh rebuild will not start

You are way out of time on the crankshaft timing in relation to the camshaft.

To get you engine to fire TDC on #1 on the compression stroke, you need to have cam gear dot at 12:00, an the crankshaft dot at 12:00. This is to fire on #1.

So your crankshaft at 6:00 and Cam at 12:00, is quite backwards to the way it needs to be timed and no wonder you are only getting 60 psi per cylinder.

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Good luck, it is easy to get it wrong. Only one way to get it right.