[Ron Ramirez]

A 40-195 can be a very nice radio. Count on either replacing all of the wires under the chassis, or resleeving all of the wires with heat shrink tubing. I find it a little faster to resleeve; although there is no fast way to properly restore these sets. The old, dry, brittle, cracking and crumbling rubber insulation must be replaced for safety and reliability.

Of course, as already mentioned, all of the paper and electrolytic capacitors will require replacement. You will also need to check the resistors and replace as needed.