318 Motor, please help

Engines will often idle fine but have problems when in gear. When going into gear, there is a load on the engine so it needs to make more power to handle that. I would suspect your timing is a bit too retarded so you might want to loosen the distributor and move it slightly counter clockwise. That will raise the idle speed some so you might want to adjust that. If that helps, you might want to move the distributor a little more until it no longer stalls going into gear. All it takes is a little change like this to make your engine happy.

Did it run well before changing your points? If the dwell is not set properly the engine will run poorly. Newer point & condenser sets are of questionable quality so just because it is new does not mean it is good.

By the way, the power valve # may be too low. Rule of thumb is to start the PV rating at 2 inches below cruise vacuum and adjust #'s as needed. Based on what you said, I would try an 8.5. The old myth of running a PV at 1/2 of seen vacuum is just that.

I would hit the THANK YOU button 475 times if I could.

Thanks