I'm not familiar with this circuit, but let me ask a few questions to get up to speed on what was done.
All of the transistors, resistors and caps have been replaced. The 739 chip has been replaced with a modern adapter board that has a modern 8 pin chip on it. Changing all of this so far has restored the channel to pass signal and to stop the hum.
When the adapter board was installed, were all of the old compensation parts removed from the circuit?
When the resistors were replaced, what kind of resistors were used as replacements? I noticed on the schematic that there are a lot of 1% resistors specified. This is a common Kustom engineering trick that puts metal film resistors in the circuit to reduce noise and hiss.
Do the volume and clarity controls change the character of the his when they are rotated?