looks like the one i have ...as said before you need a cap and rotor macs has both and the correct points as well.. Napa by me has points in stock and rotor . cap i had to get from macs. make sure when you put the cap on it is in the tab in the distributor and on tight with the clip..you should hear a loud "click" when you put the big clip on to hold the assembly on the car. if you replace the points yes. you need to set the gap and should set up the distributor on a distributor setting device .
well i am not sure how to do that and dont know of anyone around here that messes with a flathead