Steve is right. The replacement part (superceded part #) is just a shielded cable with a ground to the distributor housing for the shield. The "condenser" was only a radio suppression device and did cause some problems. When the resistance through the points increased, the "condenser" would hold enough current to cause arcing. If yours is still there and the system hasn't been altered to bypass the transistor box, clip the wire to the condenser. Or you could pay $60 for a wire that doesn't have one.
If you have a meter I have some ignition diagnostic info at my website with values of how much current should be where.