318 simple bolt on setup for more horsepower
1. First get dual exhaust, minimum 2 1/4" to 2 1/2"...
2. Get a good dual plane intake like an Edelbrock LD340, RPM air gap, or Wiand Stealth and 4 bbl carb.
3. Toss the crappy stock timing chain and get a good double roller timing chain.
4. Then get a good cam around 260 - 270 duration.
Read this thread and see what you can do with it. It's a nice low buck 318 hop up:
my Low dollar 318 hop-up project