@Shawninvancouver, the battery negative cable should have two wires, a large diameter one (4 or 2 gage) that goes to one of the starter mounting bolts, and a smaller diameter wire (10 gage) that goes to a bolt on the firewall near the battery.
Grounding is very important, all grounds must be clean and tight. Given the amount of corrosion in the photos you have posted, it would be a good idea to go through every ground and clean them up, and ensure they are tight on reassembly (don’t overtighten and break off the fasteners).
When using your multi meter, use the alligator clip lead for the negative, connect it directly to the battery negative terminal (assuming the battery is connected correctly). using the sharp probe on the positive lead, push the point hard into the point you are testing for voltage. For simple continuity tests, use the pointed probes on both leads to contact testing points.
I wrote earlier that the thing on the side of the distributor is a condenser, and what you need to do there.
By the way, have you repurposed the old spark plugs yet?
Full disclosure:
The spark plug I used for this one is a tapered seat plug that actually came out of a late 1970's or 1980's era Chevy 350. I replaced several hundred over the 30 years I worked on the fleet at a public electric utility. I made dozens of these things on my lunch breaks, gave all but this one away.