[Jamie]

Ok, will do. I think I found a wiring error. According to the schematic, both electrolytic caps positive leads connect via a 5k resistor (no 44 on schem) and a .05mf cap (no 43). The other electrolytic cap does run to a .05 cap (inside the condensor bank), but I can find no such connection for the overheating electrolytic cap. It just has two positive leads, one running to the speaker and the other to filament, which then continues on into the transformer. Whoever installed these old electrolytics made some changes.