Regarding this kind of switch:
When it comes to working on old electronic gear from the 1950s thru 70s or 80s I keep reading the most common fault are the old paper/wax capacitors and electrolytics.
While there is truth to this in some cases, I have found a part that fails about 90% of the time on these old devices. They are these old slide switches (shown above). I just picked up an old Sencor Substitutor box from the 50s or 60s. The caps and resistors are not looking to be bad, but all three of the slide switches are junk. Even after sliding them back and forth 100 or more times, they are erratic at best, or dont work at all. (I am awaiting a can of Deoxit from an online order, since I can not buy it locally). I have my doubts that even this stuff will fix these switches.
Do they make more reliable replacements for this type of switch that will fit the same holes? Heck, even in the 70's when they were only a few years old, these switches were troublesome.
I never understood the reason for gold plated speaker terminals, but these switches should be gold plated, or something done to them, since they were always faulty.