Update on the Emerson 543 radio:
I fixed the IF transformer that had a broken wire. I also removed the silver mica capacitors from the base of the transformer. I placed two new silver mica molded caps on the bottom of the transformer. I corrected the filter caps that were tied wrap to a piece of wood and is now mounted neatly on a terminal strip. I cleaned up the capacitor that had wire wrap around it. After an alignment, the radio plays very nicely.