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Your camshaft to crankshaft is in time by the second picture, put the cover back on, now you need to time the distributor, turn your motor over and find the compression stroke thumb over the spark plug hole #1 , reverse the timing pin and when the pin drops in your ready to loosen the distributor cam and then point the rotor to #1 in the distributor body ,the rotor trailing edge pointing to the #1 ( about 4:00 position looking from the right side of your car) with the points gap .018 to .022 the points will just start to open when the rotor is pointing to the #1 in the distributor body .
If you will search the past posts on setting timing look for past member Tom Wesenberg on setting and forget it timing method