I wouldnt try running it anymore if i were you.
Pull the distributor out, get a drill and fashon up a 1/4" drive extension with a 1/4" socket on the end. Stick this down in the distributor hole and seat it on the oilpump driveshaft. Run the drill in reverse, and have someone watch your gage. If you can feel resistance, then your pump is turning, and you SHOULD have pressure.
Give this a shot and post the results.
By the way, if you have an old distributor laying around, you can take it apart and use the internal shaft instead of an extension/socket setup.
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NMRA O/C 9516
NA pumpgas stickshift 347 10.65@125.6, 6.73@100, 1.41 60ft
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