If that Philco uses block caps they probably will need to be restuffed. To do that look up what is in the cap*, unsolder the parts and leads on it's terminals, unbolt from chassis, pry/scrape the tar/old cap guts out of the block (it is hidden in the end facing the chassis thus why you gotta remove to rebuild), remove the internal leads, put the new caps inside fishing leads through the rivet eyes to the terminals, solder the new caps to their terminals and reinstall the block.
I just got through 2 Philco model 60 chassis and a model 80 so I can gut a block in under a minute.
Both the model 60s had open windings on their ant. and osc. transformers....It seems like the glue/wax they put around the finer wire coils eats the copper turning it green till it opens. On my customers' set I was able to find the breaks and fix it, but on my set I had to count the turns and rewind with phono pickup wire...Which thankfully worked.
*here
http://www.philcorepairbench.com/bblokcap.htm