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You do not mention what year you have.
Enough 240s are similar that I'll hazard a guess.
The electrical box is the ICM, ignition control module, a computer that controls spark advance.
The wire you speak of, is it rather fat, and starts out connected to a vacuum thing on the ICM near the bottom of it? If so, that is a nylon tube, not a wire. It connects to the intake manifold and feeds manifold vacuum to the ICM. It is important. Without it you should note poor acceleration and power.
Look for a fitting on the intake manifold that has a rubber elbow on it, and that nylon tube goes on the other end. The sides of the elbow are about 1-inch. From the intake manifold it points forward and the 90 degree bend points downward. The nylon tube comes up vertically to connect.
Good Luck,
Bob
:>)
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