When you run the test on each cylinder spin the motor over at least 5 times. after you have run the test for all cylinders go back and test again but squirt a small amount of oil in each cylinder (1/4 teaspoon) and check again. This is done to check leakage around your rings.Still waiting on parts, but it occured to me that I could run the compression test since the coil isn't working. #1 - 112lbs, #2 (this one was the one with the stuck valve) - 100lbs, #3 - 110lbs, #4 - 116lbs, #5 - 111, #6 - 108lbs.
Edit...I just read Solice in Solitudes post (#2 - Compression test 2f confused), and realized I didn't do the test correctly. Didn't warm up the motor or remove all the spark plugs...I need to redo it I think.
Second ; if you changed from points to electronic distributor the coil is different for each type, make sure you have the correct coil.
Third; Once the engine is running take a propane torch (do not light it) and turn it on low gas and place the end of the torch all around your carb including the base. If the motor revs up you have a leak sucking air at that part (base gasket etc.) and it sucks in the propane which revs up the motor. You can test all vacume hoses this way including at the distributor if vacume advance.
Fourth; If the truck sat that long you need to check the auto advance weights in the distributor to make sure they are free and move easily when the distributor spins.
Last; On the carb check to see if the primary pump is working correctly (turn throddle linkage and see if it squirts gas into carb throat) . If this pump seal is dry it will do what you say yours does, coughs through the throat bc it is sucking air/gas.