You can restore the finish easily, since it looks in fine original shape now. Refinishing is only a last resort if some knucklehead stripped off the original and painted it.
http://www.philcoradio.com/gallery/1941b.htm#g
Three easy steps
1. Clean off old wax with turpentine on an old tee shirt
2. Wipe on a lighter version of Howards 'restore a finish', perhaps Oak
3. apply pastewax to keep it looking good.
Never use silicone-based pledge or endust on these old radios. They were finished with lacquer and those products will soak into and become part of the finish. You don't want that to happen because it prevents future restoration of the finish. Wax is your best friend to keep things looking sharp.
I hope you have a soldering iron (pencil type 40 watt), its about the only tool you need here.
Its time to do the capacitors one at a time to reduce the space taken up by them.
That 2-section capacitor with the blue, red and black wires can be replaced with two 250 volt 47 uf (microfarad) capacitors, each about an inch long and diameter of a penny. The black wire would then connect to the (-) side of both new caps.That blue capacitor is an OLD replacement and could suddenly short out and fry your 35Z3 tube
Thats speaker looks to be a 4 inch, very easily found at radio swap meets.
Get yourself a spare set of tubes while you're there. That set has an XXD tube for the oscillator/converter, so the shortwave should eventually work pretty darn good as you replace the caps.
In the meantime, read all your capacitor values and go to Justradios.com, you may spend about $20, get extra caps of .1, .05, .02, .005, .002, .001 if you don't meet the minimum order. trust us, you WILL use them somewhere.
I know it looks very intimidating, so t a k e i t o n e s t e p a t a t i m e , and power it up after each part is replaced. You really cant mess it up, really. Read something like this to understand things better.
http://www.instructables.com/id/How-...AM-tube-radio/
And this guy is demonstrating the ultimate resourcefulness in obtaining parts to repair a radio from a crappy CFL lamp.
http://www.youtube.com/watch?v=UhoSqx8eCdM George Westinghouse would be proud.