[kruc]

Perry, I can see in your pictures that the original electrolytic capacitors have gone bad in the past and someone replaced them with two red units and an aluminum cap wrapped with black tape under the chassis. The repair looks to be insulated with masking tape. The 80 tube is the rectifier and it can be easily replaced. Replacement sockets are readily available also. I'm not sure what you mean when you mention the speaker is shot, but if the paper is torn it can be repaired or reconed. If it overheated and tests bad, it may be easier to get a replacement like Arran suggested. The rest of the caps under there look like paper originals that can be replaced later, especially the 2 caps on the primary side of the power transformer that go between line voltage and ground. You're lucky to have gotten the radio as a family heirloom, many of us have fond memories of listening to sets that are long gone.
Dave