You should only get continuity when the points are closed. I'm assuming you cleaned everything and checked connections. Extra fine sand paper and contact cleaner are helpful.
I'd replace the points, condenser and wires and save the old ones as spares. There's nothing more frustrating than going through all that work to find out the problem was a 20 cent length of old wire.
__________________  " In the name of the Speedo, the Tach and the Holy Throttle, amen. "
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