[jerryhawthorne]

Nice picture Tim. You need to lift that block and read the number off the side. I suspect if it is a single cap in there it goes from end to end, one end probably ground. The center hole appears to have had no internal connection as you see no wire coming up. It could have been used as just a connection point for various other wires. The end connections clearly show wires coming up through them. That .05 was probably a replacement cap when the original inside the block went bad.
Refer to the number on the side and Chuck's nice reference to determine what was in there and where attached.
Good luck, nice looking radio.
Jerry