http://www.audiophool.cjb.net/Schem_R/Stromberg_752_761.pdf
Yes, that is it, C29 on page 3, 25 mfd.
When I first saw it, I thought it was a filter cap, but it connects B- to the chassis, with its negative end to the chassis. I'm just curious why a smaller cap wasn't used. I have 2 other Strombergs of similar vintage that use .01 or .05 mfd caps to do that job. They are actually 6 tube radios, good performers.
The label says Cycles - DC to 60.
I've put a 22 mfd electrolytic in place of the big old waxed paper cap. I'm not going to try to reinvent the radio to save a dollar or two.
It's interesting to see the circuits evolving after the war when production started taking off. My younger Stromberg 1500 had the selenium rectifier, which I've bypassed, and 5 mini tubes.
I have seen a large electrolytic cap like this on the B- leg to chassis on otther radios. It is for added hum/noise filtering.
The chassis may be positive in respect to the B- leg which would mean that the '+' end of the cap should go to chassis and the '-' end to the B- bus.
Looking at the schematic for your 761, I don't think this would apply. The negative voltages needed for AVC and bias wouldn't be that large.
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Thanks for posting that.
Ken