[exray]

Thanks Bill,
It makes a small amount of sense, as a beginner I am finding this rather confusing but lets see if I understand correctly. The single section cap seems easy enough however im not sure of where i will connect the negative lead, maybe this will be more clear when i disconnect the cap itself.

Yes, it should be more apparent once you dig in.

As for the 3 section cap its sounding like I will solder all wires now connected to the three separate leads of the old cap to the one positive lead of the new cap and connect the wires of the 4th negative lead end to the center of the power transformer which i hope i am able to find. I am very new with the whole schematic reading and interpreting im just slightly starting to figure out the paper capacitor replacement so i hope i am able to successfully do this myself.

Maybe I'm reading you wrong but you need THREE new caps to replace that 3-section, 4-wire unit. 8uf isn't common these days but you can use 10uf for each of them.