Try to back away and take a wide shot of the engine compartment..
Since the FSM shows that a 1971 440,  9.7:1 compression tests at 110 PSI, the 1978 speced @ 7.5:1 and that is in a perfect world and your test was 125-140 PSI.  Big difference. Was the engine in the car when you bought it ?
Who knows what is really inside the engine without pulling the heads, which wee also different on the motorhome engines, so also different spark plugs. They used a plug specified for Winnebago Motorhomes,
 I f the Camshaft is not stock etc... these numbers are moot.
Better info, better answers.
Vacuum leaks, different advance curves in the distributor all have an affect on detonation.
There are stock specs, and then there is everything else. The closer to stock that your combo is, the less problems you will have and the easier it will be to increase actual performance.
A stock, 78 motorhome engine in an E-body is not the ideal combo for handling, mileage, performance. A lot of nose weight. Front brake load etc...
 Looks more impressive but a mild Small block has much more overall performance potential.