The problem you have could be due to many things. First, be sure that all capacitors are NOT leaky at all (not even in the millions of ohms). Any leakage will cause distortion. A short might cut out audio all together. Second, check all resistors for opens and drifting. If anything, your problem is most likely due to an open, though drifting over 20% can cause trouble in some cases....especially in power circuits (cathode bias, B+, etc., though not necessarily in the plate circuit of primary audio tubes...that is rather flexible).
If you cannot find trouble in those areas, start checking voltages. You could have a broken or missing wire. You could also have a faulty tube, where either a grid is shorted, or a primary element (cathode or plate) has an open connection (cathode connection strips have been known to fuse open). You could also have an open output transformer. If the hum is very faint, it could be hum induced from the field coil. You could also have a shorted tone capacitor across the output primary, or somewhere else in the audio circuit.
Thomas
Thomas
T.