Quick check to see if final/driver bias is too low. Tune in this radio on a second receiver. Turn the power knob to max, and the mike gain down so that voice peaks are under 1 Watt. If the audio is still as clear as with the mike gain turned up, the bias is okay. If it gets raspy at low power, set final/driver bias and try again.
The center pin of Q66 should be higher than 2.3 Volts at max AM power, but you should still see SOME carrier. Setting VR15 for 6 Volts at max on the power knob might help.
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