I thought I was the only person who played a Musicmaster Bass!
Mine had 6AQ5's .
Weird amp. Notice that extra transformer? That's an innerstage. Only music instrument amp I know of with one of those.
That was a werid time for Fender, they hired Rivera to do some circuits, were building overdrive specials, new box out every week, etc.
That amp was probably one of the best examples of cheapmanship gone bad. Single strand wire, cheap tube sockets, etc.
That's an easy circuit so it should not take long to fix.
Call me lame but start with the guitar chord. A bad sheild connection can cause hum.
Then go for the power supply. Bridge the main filter cap with a beefier one and see what that does.
I used that amp for guitar, so I ripped out the innerstage and put in an extra gain stage to make it crank.
Nice light amp, probably the lightest 12 inch amp around.