How far in the hole were those 273 pistons at TDC? I am betting they were much much closer to the top of the deck than your run "o" the mill 318. I have 2 of these 318s the 77 one the piston TDC was .080" in the hole the 74 was .100" in the hole at TDC. If his teener pistons TDC at around that, with 72cc 360 heads, your really dropping that CR. Mid 7s on CR.
You would be surprised how much it can change by just changing the head cc. Do you have any numbers to share on that 273? What was the piston depth in the holes at TDC, what were the CCs of the heads you used?