1964 Chrysler 300k with 413 PO installed a newer distributor with electric ignition. Run fine for a bit then all of a sudden I cant get it to start. Got a new battery, sounds like the starter is working properly(also tried the tapping on it trick, did not work), I can see fuel entering the carb when I move the throttle arm, went to check the distributor and one of the wires was really loose connected to the cap and I pulled it and it looked burnt to heck. Here pics. I'm assuming this isn't normal and needs to be replaced?? In the pics I have two wires pulled and side by side for comparison.