The 348 should go into the El Camino with no problem! Things should be pretty much easy, being that your ElCam is an original V-8 truck. You might have to move the fuel line, if it was originally a 283, upgrade the radiator, 348 fan shroud and heavier springs, but it will drop in there just fine!!
The H in your VIN designates where the truck was built, not the engine. Chevrolet didn't put engine designations in the VIN until later on. The H stands for the plant where the '59 was built. The way to tell if it was a V-8 or not is in the model number. It will be a the set of four digits after the 9, at the begining of the sequence. I think that the El Camino was associated with the Biscayne, so it would have been in the 1100 or 1200 series. 1100 series is 6cyl and 1200 is V-8. Your VIN, for a V-8, would start off as 912........ and a 6 would be 911.......
I'm not totally sure if this pertains to 59s or not, but if you originally had a V-8 then to see if you had a 348, aside from the crossed flags and V on the hood, you should have a 3/8" fuel line that is routed under the upper A-arm on the pass side. The line comes out just ahead of the upper A-arm. The 283 had the smaller line and it just ran on top of the frame rail.
The reason you may have to move your fuel line is that if you have the small block line, your wider 348 will have its exhaust manifold too close to the fuel line and you'll boil the gas in the line. I had this happen on a 409 swap in my old 63.
Best of luck!
Ross