I downloaded your Service Manual, and its not a good clear edition. I did find your Mute switch but the whole trace system is unreadable. Thar sounds like an unusual signal meter reaction. I will see if I can find about Problems and If I find anything you will know.
Heres a good article on a variety of signal meter history and function.
[You must be registered and logged in to see this link.]from my very limited observation on that article, I would think you might have a suppressor capacitor in the A.G.C. circuit area.
Now noise can overwhelm any radio signal as you know, so without your I.F. sections working there too could be a problem.
Is the noise in the local vicinity? (house? (Too many wall warts or computer switching power supplies ) or it may be noise from the power lines.
Is it atmospheric ?
Did you look to see if you have a broken wire or a cold solder joint. A power spike that may have damaged an I.C. or component?
And if you didn't have a static wrist strap wile touching any static sensitive Micro Chip then I think you will have a difficult if not a Impossible task.
Any shielding in the circuit? Maybe a defective ground or missing antenna. (unlikely though).
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