Today, 06:48 AM
Those wax-paper caps, if they have not already failed, are very likely to fail, and the same is true of the old electrolytics. That is why experienced restorers generally replace all of them before they even try powering up the radio.
Dale H. Cook, GR/HP/Tek Collector, Roanoke/Lynchburg, VA
https://plymouthcolony.net/starcity/radios/