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That's a capacitor on the motor, likely for inteference suppression for the radio. The rectangular molded capacitors may be paper dialectric instead of mica dialectric; this depends on the value range and cost requirements. It's likely that a paper dialectric molded capacitor is no good by now, since it is very old. The molding material was not always good at sealing around the leads, so these capacitors were exposed to air and moisture, etc. People who restore old radios always replace all the molded capacitors without bothering to check them, since they often leak severely.
Here are some links that show reading the color code, represented by colored dots on the capacitor body (I don't think these examples are exahustive, but one may match what you have.)
http://www.tpub.com/neets/book2/3g.htm
http://www.angelfire.com/electronic/funwithtubes/How_To-Reading_Codes.html
http://www.vcomp.co.uk/components/cap_codes/cap_codes.htm
I recall Radiotron Designer's Handbook had a color code chart in an appendix.
Old copies of the ARRL's Radio Amateur's Handbook has had similar info if you look at copies from the 50's.
That's a capacitor on the motor, likely for inteference suppression for the radio. The rectangular molded capacitors may be paper dialectric instead of mica dialectric; this depends on the value range and cost requirements. It's likely that a paper dialectric molded capacitor is no good by now, since it is very old. The molding material was not always good at sealing around the leads, so these capacitors were exposed to air and moisture, etc. People who restore old radios always replace all the molded capacitors without bothering to check them, since they often leak severely.
Here are some links that show reading the color code, represented by colored dots on the capacitor body (I don't think these examples are exahustive, but one may match what you have.)
http://www.tpub.com/neets/book2/3g.htm
http://www.angelfire.com/electronic/funwithtubes/How_To-Reading_Codes.html
http://www.vcomp.co.uk/components/cap_codes/cap_codes.htm
I recall Radiotron Designer's Handbook had a color code chart in an appendix.
Old copies of the ARRL's Radio Amateur's Handbook has had similar info if you look at copies from the 50's.