300 carb issue
A healthy stock engine should draw 18" to 20" of steady manifold vacuum at factory idle RPM at sea level. Have you performed a cylinder compression test? Can also test compression using a vacuum gauge.
Make sure ignition timing is set correctly before carb tuning. 150k is a lot of miles btw, the damper ring that timing marks are on may have slipped, this makes the marks innacurate. The distributor itself may not be advancing and retarding smoothly, vacuum advance diaphragm leaky, etc. If you're only pulling 7" of manifold vacuum that's a problem.
Ignore the timing marks for purposes of this test, and whatever the current timing setting is when using a light, put that away in a drawer or something and forget about it for a while. Try advancing the distributor timing for maximum manifold vacuum achieved with engine at factory idle RPM, then, back off about 1" as indicated on the dial, this should be around 18" or 19" of vacuum indicated at sea level. This will be very close to optimum timing for pump gas.
Then readjust carb for best idle and idle mixture. Make sure idle transition slot is not overexposed, we want only the idle circuit to be in play at idle, don't want the transition circuit cutting in at idle. Basically when tuned properly the throttle butterfly should be almost completely closed at idle, this is why tuning instructions start with idle mixture screws backed out so far 1.5 turns say - so it will start and idle. Then tuning can actually be performed from that point. Start turning in the idle mixture screw (leaning it out), and as the idle RPM starts to rise, turn the RPM screw out to lower RPM back down to spec. Then go back and turn the idle mixture screw in some more - the carb will start to hiss a little maybe - good, though it's best to have the air cleaner installed while adjusting. The idea generally is to lean out the idle mixture as far as practical while still maintaining a smooth idle, where it just starts to drop off the RPM and start to stumble. Might want to back the mixture screw out slightly from that point.
Don't mess with idle mixture again unless outside temperature swings wild, might want to fatten it up some in the wintertime. If there's still a problem it lays elsewhere, with the accelerator pump circuit, or maybe a leaky power valve, vacuum leak etc. In the latter case it would need to be retuned once fixed.
Mine bogs and the jerks when I get on the throttle, and I'm certain that I need to adjust the accelerator pump.
Sounds like a stock setup so stock specs for timing. Then use "ported" vacuum for the advance as mentioned.
Inadequate timing could cause low idle vacuum and other issues.
Also, as mentioned there is a decent chance the timing marks are not accurate. Here is how to check with the "positive stop" method before checking timing.
Story of the say - Saturday I got in my truck, started it... engine was racing, it died when put into gear, and my brakes were rock hard. Opened the hood and sure enough - the line had worked its way off the vacuum valve on the booster and was just hanging there. Instant fix and it was fine...what was a little spooky was that the last one to drive it was my grandson, who is not an experienced driver - can only imagine the combination of non-existent brakes/racing engine/rookie driver. Glad the hose decided to fall off when it did!










