Hi Jerrylee,
If you had timing chain deflection you would most likely see it with a timing light on your degree wheel timing marks jumping around erratically. Could be a host of problems here, distributor springs to weak, vacuum diaphragm in the vacuum advance going out. Are you using ported vacuum on your vacuum advance or manifold vacuum? If you’re running ported vacuum then try direct vacuum off the manifold, remember to plug the ported nipple of the carburetor. In most parts of the country there are two types of fuel, summer and winter. Winter fuel is more volatile for easier cold starts and burns quicker. Summer fuel is much slower burning.
Hope this helps,
Brian