The schematic is practically 1960, though the parts are a bit later. But could be 50 years old. And not the best-built product of 1971; indeed it looks cheap.
You are probably right! This amp is been reissued with different names, but same circuit, musicians around here by the time it was popular called it "baguinho". Indeed it is a cheap amp !!
Hum: what affects it? Physical location? Metal box/not? Change with knobs is a BIG clue where it is getting in.
what happens when you put a metal "box" over the board?
what happens when you kinda sorta "wave you hand" over the circuit board, or touch one of the pots?
the circuit is either picking up "Noise", creating it then amplifying, the PS isn't filtered/grounded very well
look at the jacks, are they grounding type? do they indeed "close"?
Last time i got the change to work on the amp it was on top of the bench, w/o the chassis, that is probably one factor;
Touching the treble and bass pots does alter the noise(no knobs in place), noise increase as volume goes up;
The board was doing some noise while moving the hand above it in the tone controls area, like from volume to tremolo;
Jacks are for sure another factor, one is missing didn't find one yet to replace, the other two only one have switch and the one that doesn't have switch still need ground. jack with switch on all inputs?
Had no idea about to put a metal box on top if it, with the amp in the chassis, noise was just a lil better.
The most of the noise is something like no ground noise or like when it comes from the electricity installation.
I did capture the frequency from the speaker with a tuner, it was giving 600Hz frequency.