Slant 6 engine ignition timing stays retarded.

What is preventing you from rotating the dist?

You should have enough clearance to rotate it 15 deg in either direction
Because the screw that fastens the distributor down is confined in a metal slot. I've got it as far as it will go. As I said in my original post, I was thinking about lengthening the slot so I can go further. Would you like a picture?
What is CAP?