Gotcha. So you have 120 volts, as in the PRIMARY of the transformer, correct? But nothing out of the transformer secondaries? Are you sure you have 120VAC all the way to the primary? Also, check the caps. On older, cheap, garage amps like this (sweep tube amps) typically they would use cheap caps, and after 25-30 years they tend to dry out, add short, causing you to blow the rectifiers and heat up the transformer in the process when you do get it turned on.