I believe I have it wired like figure 2. I put the Pertronix in the distributor and then ran the black wire and red wire to the terminals of the coil. There were other wires attached to the terminals of the old coil and I kept those on the same terminals (the car has a column mounted tach and the coil capacitor - I think that is what its called).

But the coil is the new Flamethrower coil since I swapped that too….I guess I made too many changes at once…my bad luck.

But from what I have read if I keep the stock coil the wiring should work the way I have it, but since I am using the Flamethrower I need to bypass the ballast resistor because the new coil requires 12V.