Could be a bad coil, I had this problem with my 1962 Merc 110. Run it until the problem starts, then pull one spark plug wire at a time. If pulling one plug wire does nothing, that cylinder isn't firing. Of course, check points and condenser also. You could swap condensors and see if the problem moves to the other cylinder. If not, then it's probably the coil. Available at oldmercs.com.


If removing the plug wires one at a time doesn't reveal the problem, then it may be fuel. Try pumping the bulb when it bogs down and see if that helps. If so, it may be the fuel pump.


Let us know how it goes.