Yes you would have headlights. Easiest way "to see that" is to review the MAD electrical article:
Even if you do not bypass the ammeter, that article gives you good insight into the power distribution and "how these work:
http://www.madelectrical.com/electricaltech/amp-gauges.shtml
and the simplified diagram is a VERY good way to understand:
Notice that power comes off the battery...............goes to the big stud on the relay.........through the fuse link...................then through the bulkhead connector (RED wire)
THIS IS your first suspect
Next it goes to the AMMETER. The ammeter connections and the ammeter itself are suspects two and three
From there it goes to the FACTORY WELDED SPLICE in the ammeter black wire. It is rare, but this splice CAN fail.
This splice branches off and feeds several things..........
the "hot" fuse panel buss
the ignition switch infeed
AND the headlights.
So if you have no lights, it is almost certainly between there and the battery
'S why I mentioned to do your checking with something "heavy" (like the lights) turned ON. This places a LOAD on the system. Not only will this help you find the bad connection, but if you "wiggle test" a connector, you will smell, see, and hear the spark!!!! As well as see the lights come on if you are in subdued lighting.
You have a factory shop manual?
Here
http://www.forabodiesonly.com/mopar/showthread.php?t=244981
Direct linkeypoo
www.letsgocomputers.com/docs/1973dodgebody.pdf
www.letsgocomputers.com/docs/1973dodgechassis.pdf
The diagrams for 73 were "improved". They start on page 8-152 These are good and bad. The "improvement" makes stuff easier to find if you are trying to find "one thing" but it also makes things harder to follow in other ways
NOTICE in these diagrams the circled "CE" (means connector, engine) and "CI (connector, Instrument). These are connector terminals. Starting on page 8-164 are the diagrams for those connectors The bulkhead connector, EG is "CE-2"
SIMPLIFIED but NOT ALWAYS complete diagrams are the ones at MyMopar
http://www.mymopar.com/index.php?pid=31
These two diagrams
http://www.mymopar.com/downloads/1973/73ValiantA.jpg
http://www.mymopar.com/downloads/1973/73ValiantB.jpg
These diagrams do NOT SHOW every terminal and connector, but are sometimes easier to follow